How much does it cost to heat and cool a 2,000 sq ft home in Yukon?

In Yukon (21¢/kWh via ATCO Electric Yukon), a 2,000 sq ft home averages $2,140/year ($178/month) with a high-efficiency heat pump, $2,285/year with a natural gas furnace and central AC, and $6,627/year with electric baseboards.

Are heat pumps cheaper to run than gas furnaces in Yukon?

At Yukon's natural gas rate of $1.95/therm, the economic break-even electricity price for a COP 3.1 heat pump is 22.4¢/kWh. Comparing this against Yukon's residential electricity rate of 21¢/kWh determines annual operating savings.

Yukon Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$178/mo

YT Electricity / Gas Rate

21¢ / $1.95

15-Yr Savings vs Baseboard

+$63,705

Yukon Annual Heating & Cooling Bills by Home Size

In Yukon, a 2,000 sq ft home averages $2,140/year ($178/mo) using a cold-climate heat pump ($2,135/yr winter heating + $5/yr summer cooling), compared to $2,285/year with a natural gas furnace and $6,627/year with electric baseboards.

Home Size	Heat Pump (COP 3.1)	Gas Furnace + AC	Baseboard + Window AC	15-Yr Heat Pump Savings
1,000 Sq Ft	$1,070/yr ($89/mo)	$1,143/yr ($95/mo)	$3,314/yr ($276/mo)	+$30,060
1,500 Sq Ft	$1,605/yr ($134/mo)	$1,714/yr ($143/mo)	$4,970/yr ($414/mo)	+$46,875
2,000 Sq Ft	$2,140/yr ($178/mo)	$2,285/yr ($190/mo)	$6,627/yr ($552/mo)	+$63,705
2,500 Sq Ft	$2,675/yr ($223/mo)	$2,857/yr ($238/mo)	$8,284/yr ($690/mo)	+$80,535
3,000 Sq Ft	$3,210/yr ($268/mo)	$3,428/yr ($286/mo)	$9,941/yr ($828/mo)	+$97,365
3,500 Sq Ft	$3,745/yr ($312/mo)	$3,999/yr ($333/mo)	$11,598/yr ($967/mo)	+$114,195