πŸ‡ΊπŸ‡ΈElectricity rates: EIA Electric Power Monthly, Table 5.6.A, May 2026 β€” free heating cost calculators for US homeowners
Updated August 22, 2026

Gas vs Electric Heating Cost

Natural gas is cheaper per BTU in most US states β€” but the full picture is more nuanced.

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Winner β€” Running Cost
Natural gas is cheaper than electric resistance in every US state

At US average rates, a 92% AFUE gas furnace delivers heat at $0.016 per 1,000 BTU against electric resistance at $0.054 β€” about 3.5Γ— more. A heat pump at seasonal COP 2.8 does far better than resistance heat at $0.019, but at national average prices it is still about 23% above gas. Where the heat pump wins is in states with cheap electricity relative to gas.

Gas (92% AFUE furnace)
$0.016
per 1,000 BTU
βœ“ Cheapest option
Heat Pump (COP 2.8)
$0.019
per 1,000 BTU
Electric Resistance
$0.054
per 1,000 BTU

Gas $1.44/therm (EIA, winter average, November 2025 - March 2026 (US); December 2025 - February 2026 (by state)); electricity 18.44Β’/kWh (EIA Electric Power Monthly, Table 5.6.A, May 2026). Rates vary widely by state β€” use the calculator below for your location.

At US average rates, a 92% AFUE gas furnace delivers heat for about $0.016 per 1,000 BTU. Electric resistance heat costs about $0.054 for the same 1,000 BTU β€” roughly 3.5Γ— as much. A heat pump at seasonal COP 2.8 closes most of that gap at about $0.019, though at national prices it still lands above gas. Gas $1.44/therm, electricity 18.44Β’/kWh.

Gas vs Electric Heating Cost Calculator

Gas Furnace
US winter average $1.44/therm (EIA, Nov 2025–Mar 2026). Check your gas bill.
Older or mid-efficiency: 80%. Condensing: 92–95%.
Electric Heater
US average 18.44Β’/kWh (EIA, May 2026).

Gas vs Electric β€” Monthly Cost by Home Size

Home SizeHeat DeliveredGas Furnace (92% AFUE)Electric ResistanceHeat Pump (COP 2.8)
Small (~1,000 sq ft)6.5 MMBtu~$101/mo~$350/mo~$125/mo
Medium (~2,000 sq ft)10.8 MMBtu~$169/mo~$584/mo~$208/mo
Large (~3,000 sq ft)16.2 MMBtu~$254/mo~$875/mo~$313/mo

All three columns deliver the identical heat shown in the second column β€” the whole-home load of an average-insulated house over a month averaging 35Β°F outdoors (900 heating degree days). Gas $1.44/therm at 92% AFUE (EIA, winter average, November 2025 - March 2026 (US); December 2025 - February 2026 (by state)); electricity 18.44Β’/kWh (EIA Electric Power Monthly, Table 5.6.A, May 2026); heat pump at seasonal COP 2.8, which falls in colder climates.

Why Gas Is Cheaper Than Electric Resistance Heat

At US average rates, a 92% AFUE gas furnace delivers heat for about $0.016 per 1,000 BTU. Electric resistance heat β€” baseboard, an electric furnace, or any plug-in space heater β€” costs about $0.054 for the same 1,000 BTU, roughly 3.5 times as much. That gap holds in every US state, and it is why gas furnaces still dominate whole-home heating across most of the country.

The exception is the heat pump. By moving heat from outdoor air rather than generating it, a heat pump at seasonal COP 2.8 delivers heat at roughly $0.019 per 1,000 BTU β€” about a third of the cost of resistance heat, and close enough to gas that the winner depends on your local prices rather than on the technology. At national average rates gas is still about 19% cheaper; applying each state's own rates and winter climate, the heat pump comes out ahead in 11 of the 51 US jurisdictions.

One correction worth making to a common claim: there is no US state with residential electricity under 8Β’/kWh. The cheapest is Idaho at 12.35Β’/kWh, and the US average is 18.44Β’. Even there, resistance heat does not beat gas β€” cheap electricity helps a heat pump, not a resistance heater. Our heat pump cost estimator runs your own numbers, and the state heating cost pages carry local rates for all 50 states and DC.

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