U.S. residential electricity EIA data: July 2026 US average 18.3¢/kWh Updated

Side-by-side running cost

Space Heater vs Heat Pump: Which Costs Less to Run?

The short answer

Per hour of use, a space heater ($0.27/hr) costs about 50% less to run than a heat pump ($0.55/hr) at the US average rate of 18.3¢/kWh. At typical use (8 hours a day vs 8 hours a day), that’s $66.84 vs $134 a month.

Source: U.S. EIA, July 2026 data · Updated

Cheaper to run

Space Heater

Typical power
1,500W
Per hour
$0.27
Per month
$66.84
Per year
$802
Typical use
8 hours a day
Full space heater breakdown

Heat Pump

Typical power
3,000W
Per hour
$0.55
Per month
$134
Per year
$1,604
Typical use
8 hours a day
Full heat pump breakdown

Space Heater vs Heat Pump in the 10 largest states

Monthly cost at typical use and each state’s average residential rate.

StateSpace HeaterHeat PumpDifference
California $123 $245 $123
Texas $57.97 $116 $57.97
Florida $54.87 $110 $54.87
New York $109 $218 $109
Pennsylvania $79.29 $159 $79.29
Illinois $70.16 $140 $70.16
Ohio $71.00 $142 $71.00
Georgia $59.39 $119 $59.39
North Carolina $55.34 $111 $55.34
Michigan $84.14 $168 $84.14

Questions

Frequently asked questions

Is a space heater cheaper to run than a heat pump?

Per hour of use, a space heater ($0.27/hr) costs about 50% less to run than a heat pump ($0.55/hr) at the US average rate of 18.3¢/kWh. At typical use (8 hours a day vs 8 hours a day), that’s $66.84 vs $134 a month.

How much power does a space heater use compared with a heat pump?

A space heater typically draws 1,500W, while a heat pump draws about 3,000W.

Sources & method