Home & Life · Free tool
Heat Pump Savings Calculator
Calculate heat pump savings over gas, oil, or propane. Includes rebate credits and payback math for an instant, free estimate with no registration required.
Updated June 2026
Current annual cost
$8
Heat pump annual cost
$9
Annual savings
$-1
Payback math
- Net install cost (after rebates): $6,000
- Payback period: N/A
- 10-year savings (post-payback): $0
- CO₂ avoided: 32 kg/year (vs current fuel)
Federal Inflation Reduction Act offers up to $2,000 federal tax credit + state-level rebates often $4,000-8,000. Check
energy.gov for your state. Cold-climate heat pumps (Mitsubishi Hyper-Heat, Bosch IDS) work reliably to -5°F. Below that, dual-fuel hybrid setups bridge the gap.Advertisement
What it does
Calculate annual savings + payback for replacing gas/oil/propane/electric-resistance heating with a heat pump. Includes IRA federal tax credit + state rebate inputs, electricity rate, climate zone (mild/moderate/cold/ very cold), and CO₂ reduction. COP scales: 3.5 in mild, down to 2.5 in very-cold climates with cold-climate pumps.
Embed this tool on your siteShow snippetHide
Paste this snippet into any page. Loads on-demand (lazy), no tracking scripts, and sized to most dashboards. Replace the height to fit your layout.
<iframe src="https://freetoolarena.com/embed/heat-pump-savings-calculator" width="100%" height="720" frameborder="0" loading="lazy" title="Heat Pump Savings Calculator" style="border:1px solid #e2e8f0;border-radius:12px;max-width:720px;"></iframe>How to use it
- Pick climate + current fuel + house size.
- Enter install cost + rebate.
- Read annual savings + payback.
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