MeterMath

Heat pump Nebraska

Heat pump vs gas heating cost in Nebraska

$260 a year saved by heating a typical Nebraska home with a heat pump instead of a gas furnace.

A typical home here burns about 549 therms of gas a year for heat, about $933 at the national average of $1.70/therm. A heat pump would use about 4,885 kWh instead, $673 at 13.78¢/kWh. Electricity would have to pass 19.1¢/kWh before gas became the cheaper way to heat.

Prices updated October 2026 from EIA, AAA and BLS data.

How you heat now
therms/yr
 
$/therm
 
¢/kWh
 
Efficiency, upfront cost and rebates
%
Older furnaces 78 to 80, new 90 to 97.
 
$
Heat pumps also replace your AC.
$
State, utility or HEAR rebates.

How Nebraska compares

Ranked by yearly saving against gas, Nebraska is 2nd of 51. At U.S. average figures a heat pump saves $27 a year. Nebraska has the 7th cheapest residential electricity of the 50 states and DC at 13.78¢/kWh, 25% below the U.S. average of 18.31¢.

With an estimated 6,100 heating degree days a year, winters here are moderate, and the calculator uses a seasonal COP of 2.8.

Against propane the heat pump saves $839 a year, against heating oil it saves $1,613 a year, and against electric baseboard heat it saves $1,212 a year.

Heating nowNow, per yearHeat pumpDifference
Natural gas furnace$933$673$260
Propane furnace$1,512$673$839
Oil furnace$2,286$673$1,613
Electric baseboard$1,885$673$1,212

A heat pump compares better with gas here than in any neighboring state; next is Kansas at $147 a year saved.

StateElectricitySaving vs gas a year
Nebraska13.78¢$260
Kansas15.27¢$147
Wyoming14.36¢$138
Missouri16.09¢$116
Colorado17.00¢$101
South Dakota15.37¢$70
Iowa15.99¢$24

More for Nebraska

What these numbers assume

  • A heating load estimated from about 6,100 heating degree days a year: 549 therms of gas, 600 gallons of propane, 421 gallons of oil or 13,677 kWh of baseboard heat.
  • Natural gas at $1.70/therm, the U.S. city average for September 2026. Gas prices vary a lot by state and utility, so enter the price per therm from your bill.
  • Propane at $2.52 and heating oil at $5.43 a gallon, EIA forecasts for winter 2026–27.
  • Furnaces 85% efficient (oil 80%), and a heat pump with a seasonal COP of 2.8.
  • No federal tax credit: Section 25C ended for equipment placed in service after December 31, 2025.

Change any of them in the calculator above to match your own bills. The formulas are on the main heat pump calculator.

Sources

  • Electricity price: EIA Electric Power Monthly, Table 5.6.A (July 2026 data).
  • Natural gas: BLS U.S. city average, September 2026.
  • Propane and heating oil: EIA Short-Term Energy Outlook winter forecast, October 2026.
  • Heating degree days: MeterMath rounded estimate for the state.
  • Tax credit status: Public Law 119-21.