Heat pump Electricity Cost in New York — $170.22/month (2026)
New York monthly
$170.22
U.S. average monthly
$107.87
Difference
+$62.35
← Heat pump (all states) · New York electricity rate
Quick rate
Daily cost
$5.67
Monthly cost
$170.22
+$0.00 vs typical
Yearly cost
$2071.01
kWh / month
600.0 kWh
Local monthly estimate: $170.22 · U.S. average equivalent: $107.87
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ad-after-calculator Quick answer
Running a typical heat pump in New York costs about $5.67/day or $170.22/month at roughly $0.284/kWh, assuming 8 hours of use per day at 2500 W. The U.S. average rate is about $0.180/kWh, so New York is roughly 58% higher than average for this estimate.
vs U.S. average
Local rate (New York)
$0.284/kWh
Monthly estimate: $170.22
U.S. average rate
$0.180/kWh
Monthly estimate: $107.87
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ad-after-state-table FAQ
- Most heat pump units fall between 1500 W and 4000 W, with 2500 W as a typical value for estimates.
- Our calculator uses 2500 W as the typical wattage, within a reported range of 1500–4000 W.
- At 8 hours/day and 2500 W, the estimate is about 20.00 kWh per day.
- Using 8 hours/day, the estimate is about 600.0 kWh per month.
- Per hour, heat pump uses about 2.500 kWh (at 2500 W).
- At typical use (2500 W and 8 hours/day), the estimate is about $5.67/day at roughly $0.284/kWh.
- At typical use (2500 W and 8 hours/day), the estimate is about $170.22/month at roughly $0.284/kWh.
- Running for one hour at 2500 W costs about $0.709 per hour (using the New York rate of about $0.284/kWh).
- For typical use, the calculator estimates about $170.22/month for heat pump in New York.
- At the typical New York residential rate, the estimate is about 600.0 kWh per month, which corresponds to roughly $170.22/month for heat pump.
- Compared to the U.S. average, New York is about 58% higher for this estimate. Monthly cost is about $170.22 in New York vs $107.87 at the national average.
- Start with practical steps from our tips list (e.g., Seal air leaks and improve insulation to reduce run-time.). Smaller changes reduce kWh usage, which reduces the bill at your local rate.
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Est. monthly at New York rate ($0.284/kWh)