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Cost to run a heat pump in New Hampshire (June 2026 rates)

At 27.01¢ per kilowatt-hour — New Hampshire's average residential price in June 2026 — running a heat pump costs $583 a year. That is 47% more than the national average of $396. New Hampshire's residential rate is up 14.9% from June 2025, which moves this appliance from $508 to $583 a year.

Per hour
38.9¢
Per day of use
$3.89
Per month
$48.62
Per year
$583

Assumption: 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year — 2,160 kWh a year. A mid-size ducted heat pump in heating mode. It moves heat rather than making it, delivering two to four units of heat per unit of electricity until the outdoor temperature drops far enough to trigger backup resistance strips. Use the calculator to swap in the numbers from your own model.

How New Hampshire compares

New Hampshire pays 27.01¢/kWh, the 8th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $187 more a year than the typical U.S. household pays for the same use. Running the same heat pump costs $283 a year in Nevada and $1,139 in Hawaii, so where you live changes this bill by $856 a year.

StateRatePer monthPer year
Vermont24.44¢$43.99$528
New Jersey24.95¢$44.91$539
New Hampshire27.01¢$48.62$583
Alaska28.21¢$50.78$609
Rhode Island29.23¢$52.61$631

States ranked by average residential price, cheapest first. See all 51 states for a heat pump.

What else costs about the same in New Hampshire

Cutting the number down

Questions

How much does a heat pump cost per month in New Hampshire?
About $48.62 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 27.01¢/kWh.
How many kilowatt-hours does a heat pump use?
Roughly 2,160 kWh a year under these assumptions, or 1.44 kWh for every hour it runs.
Is that expensive compared with other states?
New Hampshire has the 8th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $396 a year.