Cold climate

Heat pump running costs in Rhode Island

Residential electricity in Rhode Island averages 28.18¢ per kWh — 55% above the national average. Here's what that means for heat pump operating costs, and which models are cheapest to run in Rhode Island's climate.

Electricity price
28.18¢
#7 most expensive of 51
Typical 3-ton cost
$2,750
per year, median model
Most efficient
$1,776
same load, best model
Heating share
85%
of yearly energy use
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Cheapest heat pumps to run in Rhode Island

Ranked by estimated yearly cost if each model served the same 36,000 BTU/h (3-ton) load in Rhode Island, so size doesn't distort the comparison. Because Rhode Island'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 $1,486 a year for the same load.

#ModelTypeSizeHSPF2SEER25°F kept3-ton cost/yr
1Fujitsu AOUH09KTAP1Mini-split1 ton1433.5142%$1,776
2Fujitsu AOUH12KTAP1Mini-split1 ton13.731.5106%$1,822
3Bryant 37MAHAQ09AA3Mini-split1 ton13.820.699%$1,913
4Bryant 37MARAQ09AA3Mini-split1 ton13.919.678%$1,916
5Fujitsu AOUH15KTAP1Mini-split1 ton1328.7106%$1,929
6Bryant 37MARAQ18AA3Mini-split1.5 tons13.52071%$1,958
7Senville SENA-24HF-OGMini-split2 tons13.51983%$1,974
8Senville SENA-09HF-OGMini-split1 ton12.521.496%$2,070
9Mitsubishi Electric SUZ-AA09NL***Mini-split1 ton12.917.653%$2,076
10Bryant 37MAHAQ18AA3Mini-split1.5 tons12.41890%$2,138
11Senville SENA-18HF-OGMini-split1.5 tons12.31890%$2,153
12Senville SENA/09HF/OQMini-split1 ton1220.290%$2,161

Best cold-weather performers for Rhode Island

Rhode Island is a cold state, so heating dominates the bill and backup resistance heat is the biggest risk to running costs. These cold-climate certified models keep the most of their heating capacity at 5°F.

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Heat pump vs. gas furnace in Rhode Island

To heat the same home (2,200 full-load heating hours at 36,000 BTU/h) in Rhode Island, a typical heat pump (HSPF2 9.5) would cost about $2,349 a year, an efficient one (HSPF2 10) about $2,232, versus $1,741 for a 95% gas furnace and $2,068 for an older 80% furnace, at Rhode Island's average residential gas price of $21.66 per thousand cubic feet (2024). With cheap gas and comparatively expensive electricity, gas heating is cheaper to run in Rhode Island. A dual-fuel system (heat pump plus gas backup) is often the lowest-cost setup here.

Typical heat pump$2,349
Efficient heat pump$2,232
95% gas furnace$1,741
80% gas furnace$2,068

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 Rhode Island

Residential electricity price28.18¢/kWh (EIA Electric Power Monthly, Aug 2026, preliminary)
Climate groupCold
Equivalent full-load heating hours2,200 per year
Equivalent full-load cooling hours600 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 Rhode Island?

Using Rhode Island's average residential electricity price of 28.18¢/kWh, a typical 3-ton, median-efficiency heat pump costs about $2,750 a year to run. The most efficient model in our database would cost about $1,776 for the same load.

Is electricity expensive in Rhode Island?

Rhode Island's residential rate of 28.18¢/kWh is 55% above the U.S. average of 18.16¢ and ranks #7 most expensive of 51 (EIA, August 2026).

Is heating or cooling the bigger cost in Rhode Island?

With our climate assumptions for Rhode Island (2,200 heating and 600 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 Rhode Island?

For a typical home, heating with an efficient heat pump costs about $2,232 a year versus $1,741 with a 95% gas furnace at Rhode Island's average prices. With cheap gas and comparatively expensive electricity, gas heating is cheaper to run in Rhode Island. A dual-fuel system (heat pump plus gas backup) is often the lowest-cost setup here.