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Heat pump cost in Vermont

A furnace plus AC is roughly $1,764 a year cheaper to run in Vermont: $4,135 (heat pump) against $2,371 (furnace + AC) per year for a 2,000 sq ft house, using 23.95¢/kWh power and $1.72/therm gas.

Energy bills compared

Heat pump heat, 7.5 / 9.5 HSPF2$4,076 / $3,218
Heat pump cooling, 14.3 SEER2$59
Furnace, 95% / 80% AFUE$2,308 / $2,740
AC at 13.4 SEER2 (North min)$63
Heat pump vs furnace + AC$4,135 vs $2,371

Expect to pay roughly $1,764 a year more with the heat pump; it makes most sense if your AC needs replacing too.

23.95¢/kWh (EIA, July 2026 YTD); gas $1.72/therm (EIA 2025, $18.0/Mcf at 1,048 Btu/ft³). Energy only; estimates.

Winter performance

Here heating dominates, so winter efficiency decides the outcome. Jan's degree days imply a monthly mean near 18°F (rough approximation); standard heat pumps lose capacity in deep cold and lean on electric backup, so our HSPF2 figures are optimistic here and a cold-climate model is the safer pick. The numbers behind that: 8,058 heating and 223 cooling degree days a year (NOAA nClimDiv).

Size for the winter load and confirm cooling isn't far oversized, or keep a furnace for the coldest days (dual fuel).

Upfront price

Tier to price first in Vermont: 18–19 SEER2 / 9–10 HSPF2, roughly $11,000–$18,000+ installed (national estimate). Across all efficiency levels, a 2,000 sq ft home typically runs $10,000–$20,000+. No state-specific price data exists in our sources.

Source: HomeGuide, “How much does a heat pump cost?” (2026).

Vermont by month

MonthHDDCDDHeat pumpFurnace + AC
Jan14620$740$419
Feb12600$637$361
Mar11240$568$322
Apr7070$358$202
May3576$182$104
Jun10626$61$38
Jul37104$46$40
Aug6478$53$40
Sep21810$113$65
Oct5760$291$165
Nov8920$451$255
Dec12560$635$360

Vermont heat pump FAQ

Heat pump price in Vermont?

$10,000–$20,000+ installed for a 2,000 sq ft home, per HomeGuide's national figures.

When does a heat pump win in Vermont?

About 13.6¢/kWh for a 7.5 HSPF2 heat pump against a 95% furnace at $1.72/therm; prices would need to fall about 10.4¢ from Vermont's 23.95¢ average. A 9.5 HSPF2 unit would heat for $3,218 a year.

Does the 25C credit still apply?

No. Per the IRS, the Energy Efficient Home Improvement Credit (25C) covered improvements made through December 31, 2025, at 30% up to $2,000 a year for heat pumps, with a QMID requirement for 2025 property. IRS: Energy Efficient Home Improvement Credit.

Will a heat pump keep up in a Vermont winter?

Standard units lose capacity in deep cold; with 8,058 heating degree days, choose a cold-climate model or keep gas backup.

Regional comparison

StateHeat pumpFurnace + ACBreak-even
Massachusetts$4,076$2,66919.2¢
Vermont$4,135$2,37113.6¢
New Hampshire$4,303$2,31914.1¢
New York$3,925$1,91913.4¢

Next: AC running cost in Vermont · heat pump vs gas furnace calculator · heat pump cost by state

Sources: EIA electricity and natural gas prices, NOAA nClimDiv, U.S. DOE regional standards. Model: 2,000 sq ft, average insulation; methodology.