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.
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.
While Florida does not currently offer state-level heat pump incentives, the federal 25C energy efficient home improvement tax credit covers up to $2,000 for qualifying heat pump systems. This credit, combined with long-term energy savings and the dual heating-cooling functionality, makes heat pumps an investment worth evaluating for most homeowners. Enter your home details above to see your projected savings.
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
Available Incentives in Florida
| Incentive | Type | Amount | Description |
|---|---|---|---|
| Energy Efficient Home Improvement Credit (Heat Pump - 25C) | tax credit | 30% | Tax credit for installing a qualifying heat pump, heat pump water heater, or biomass stove. Covers 30% of the cost up to $2,000 per year. Can be combined with other 25C credits up to $3,200 annual limit. |
Run the Heat Pump Savings Calculator
Use our free calculator pre-filled with Florida data to see your personalized results.
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