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

In Delaware (19.3¢/kWh via Delmarva Power), a 2,000 sq ft home averages $783/year ($65/month) with a high-efficiency heat pump, $770/year with a natural gas furnace and central AC, and $2,307/year with electric baseboards.

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

At Delaware's natural gas rate of $1.6/therm, the economic break-even electricity price for a COP 3.1 heat pump is 18.4¢/kWh. Comparing this against Delaware's residential electricity rate of 19.3¢/kWh determines annual operating savings.

Delaware Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$65/mo

DE Electricity / Gas Rate

19.3¢ / $1.6

15-Yr Savings vs Baseboard

+$19,260

Delaware Annual Heating & Cooling Bills by Home Size

In Delaware, a 2,000 sq ft home averages $783/year ($65/mo) using a cold-climate heat pump ($690/yr winter heating + $94/yr summer cooling), compared to $770/year with a natural gas furnace and $2,307/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	$392/yr ($33/mo)	$385/yr ($32/mo)	$1,153/yr ($96/mo)	+$7,815
1,500 Sq Ft	$588/yr ($49/mo)	$577/yr ($48/mo)	$1,730/yr ($144/mo)	+$13,530
2,000 Sq Ft	$783/yr ($65/mo)	$770/yr ($64/mo)	$2,307/yr ($192/mo)	+$19,260
2,500 Sq Ft	$979/yr ($82/mo)	$962/yr ($80/mo)	$2,884/yr ($240/mo)	+$24,975
3,000 Sq Ft	$1,175/yr ($98/mo)	$1,155/yr ($96/mo)	$3,460/yr ($288/mo)	+$30,675
3,500 Sq Ft	$1,371/yr ($114/mo)	$1,347/yr ($112/mo)	$4,037/yr ($336/mo)	+$36,390