Heat Pump Savings Calculator in Florida
Compare heat pump and furnace heating costs in Florida. Uses local climate data (600 HDD), electricity rates, and fuel prices for accurate savings estimates.
Data last updated July 2026. Sources & methodology
What Florida Residents Should Know
Florida falls in IECC climate zone 1-2A with 600 heating degree days per year — well below the national average. With an average heating COP of 3.5, heat pumps in Florida operate at high efficiency, producing 3.5 units of heat for every unit of electricity consumed.
At Florida's natural gas price of $1.85 per therm and electricity at $0.142 per kWh, a heat pump can save roughly $6 per year in heating costs compared to a gas furnace. Heat pumps also provide cooling in summer, potentially replacing both your furnace and central AC in a single system and eliminating separate maintenance contracts.
A heat pump also replaces your air conditioner, and Florida's 3,500 cooling degree days make that dual-function value real: one system handles both seasons, so you retire a separate AC unit and its maintenance along with the furnace. For homes with an aging furnace-and-AC pair, replacing both at once is usually where a heat pump makes the strongest financial case in Florida.
Florida residents can access up to $350 in state rebates and incentives for heat pump installations. With the federal 25C credit having ended December 31, 2025, these state and utility programs are now the primary way to reduce the upfront installation cost, which typically ranges from $4,000 to $8,000 depending on system size and complexity. Run the calculator above with your home details to see your personalized payback estimate.
Avg. Electricity Rate
$0.142/kWh
Avg. monthly bill: $163
Regular Gas Price
$3.20/gal
Natural gas: $1.85/therm
Heating Degree Days
600
Cooling: 3,500 CDD
TOU Peak Rate
$0.220/kWh
Off-peak: $0.070/kWh
Incentives in Florida
Federal clean energy tax credits ended in late 2025 under legislation passed in July 2025; they are shown below for reference since recent purchasers may still claim them. State programs are governed separately and many remain active — always verify current details with the program before purchasing.
| Incentive | Type | Amount | Description |
|---|---|---|---|
| Energy Efficient Home Improvement Credit (Heat Pump - 25C)Ended | tax credit | 30% | Federal tax credit of 30% up to $2,000 for qualifying heat pumps. Ended December 31, 2025 — systems placed in service after that date do not qualify. State and utility heat pump rebates remain available in many states. |
| JEA Heat Pump Water Heater Rebate (Jacksonville) | rebate | $350 | JEA offers residential electric customers a $350 rebate for a qualifying heat-pump (hybrid) water heater. |
Heat Pump Savings in Florida: Frequently Asked Questions
- Are heat pumps worth it in Florida?
- In Florida, a heat pump can save around $6 per year versus a gas furnace while also providing air conditioning, which usually makes it worthwhile for homeowners replacing aging heating or cooling equipment.
- Do heat pumps work in Florida's climate?
- Florida sits in IECC climate zone 1-2A with about 600 heating degree days per year. Modern heat pumps there average a heating COP of 3.5, meaning they deliver 3.5 units of heat per unit of electricity.
- Are there heat pump rebates in Florida?
- Yes. Florida residents can access JEA Heat Pump Water Heater Rebate (Jacksonville), worth up to $350. The federal 25C credit ended December 31, 2025, so these state and utility programs are now the main way to cut installation cost.
Run the Heat Pump Savings Calculator
Use our free calculator pre-filled with Florida data to see your personalized results.
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