Marine climate

Heat pump running costs in Oregon

Residential electricity in Oregon averages 15.92¢ per kWh — 12% below the national average. Here's what that means for heat pump operating costs, and which models are cheapest to run in Oregon's climate.

Electricity price
15.92¢
#29 most expensive of 51
Typical 3-ton cost
$1,135
per year, median model
Most efficient
$732
same load, best model
Heating share
85%
of yearly energy use
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Cheapest heat pumps to run in Oregon

Ranked by estimated yearly cost if each model served the same 36,000 BTU/h (3-ton) load in Oregon, so size doesn't distort the comparison. Because Oregon's climate weights heating more heavily, HSPF2 (heating efficiency) matters most here. Choosing the most efficient model over the least efficient one in our database saves about $613 a year for the same load.

#ModelTypeSizeHSPF2SEER25°F kept3-ton cost/yr
1Fujitsu AOUH09KTAP1Mini-split1 ton1433.5142%$732
2Fujitsu AOUH12KTAP1Mini-split1 ton13.731.5106%$751
3Bryant 37MAHAQ09AA3Mini-split1 ton13.820.699%$790
4Bryant 37MARAQ09AA3Mini-split1 ton13.919.678%$791
5Fujitsu AOUH15KTAP1Mini-split1 ton1328.7106%$795
6Bryant 37MARAQ18AA3Mini-split1.5 tons13.52071%$808
7Senville SENA-24HF-OGMini-split2 tons13.51983%$815
8Senville SENA-09HF-OGMini-split1 ton12.521.496%$854
9Mitsubishi Electric SUZ-AA09NL***Mini-split1 ton12.917.653%$857
10Bryant 37MAHAQ18AA3Mini-split1.5 tons12.41890%$883
11Senville SENA-18HF-OGMini-split1.5 tons12.31890%$889
12Senville SENA/09HF/OQMini-split1 ton1220.290%$892
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Heat pump vs. gas furnace in Oregon

To heat the same home (1,600 full-load heating hours at 36,000 BTU/h) in Oregon, a typical heat pump (HSPF2 9.5) would cost about $965 a year, an efficient one (HSPF2 10) about $917, versus $977 for a 95% gas furnace and $1,160 for an older 80% furnace, at Oregon's average residential gas price of $16.71 per thousand cubic feet. In Oregon, even a typical heat pump beats a high-efficiency gas furnace on heating cost, and an efficient model saves about $60 a year.

Typical heat pump$965
Efficient heat pump$917
95% gas furnace$977
80% gas furnace$1,160

Heating only; a heat pump also provides cooling, while a furnace needs a separate air conditioner. Gas prices: EIA, residential, annual average. Compare all states.

Assumptions for Oregon

Residential electricity price15.92¢/kWh (EIA Electric Power Monthly, Aug 2026, preliminary)
Climate groupMarine
Equivalent full-load heating hours1,600 per year
Equivalent full-load cooling hours450 per year

Use the calculator on any model page to replace these with your own electricity rate and usage.

Frequently asked questions

How much does it cost to run a heat pump in Oregon?

Using Oregon's average residential electricity price of 15.92¢/kWh, a typical 3-ton, median-efficiency heat pump costs about $1,135 a year to run. The most efficient model in our database would cost about $732 for the same load.

Is electricity expensive in Oregon?

Oregon's residential rate of 15.92¢/kWh is 12% below the U.S. average of 18.16¢ and ranks #29 most expensive of 51 (EIA, August 2026).

Is heating or cooling the bigger cost in Oregon?

With our climate assumptions for Oregon (1,600 heating and 450 cooling hours), heating accounts for about 85% of a typical heat pump's yearly energy use.

Is a heat pump cheaper than gas heat in Oregon?

For a typical home, heating with an efficient heat pump costs about $917 a year versus $977 with a 95% gas furnace at Oregon's average prices. In Oregon, even a typical heat pump beats a high-efficiency gas furnace on heating cost, and an efficient model saves about $60 a year.