Home/Calculators/Heat Pump Running Cost

    Could a heat pump work for your energy budget?

    Let’s estimate running costs alongside your current heating. The answer depends on your home’s heat needs, electricity rate and the heat pump’s efficiency — it may cost less or more.

    A woman adjusting a radiator valve in her living room
    Illustrative household scene · AI-generated

    All figures are estimates. Defaults reviewed July 2026. Not a heat-loss survey or installer quote.

    Prefilled from your My PowerGuardian profile
    1. 1. Your home
    2. 2. Current heating
    3. 3. Proposed heat pump
    4. 4. Results

    Tell us about your home

    Heat demand depends heavily on property size, type, age and insulation.

    Used for regional climate adjustment.

    Optional. Improves accuracy if you don't know your annual fuel use.

    Used for hot-water demand.