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

In Missouri (13.2¢/kWh via Ameren Missouri / Evergy), a 2,000 sq ft home averages $594/year ($50/month) with a high-efficiency heat pump, $688/year with a natural gas furnace and central AC, and $1,738/year with electric baseboards.

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

At Missouri's natural gas rate of $1.32/therm, the economic break-even electricity price for a COP 3.1 heat pump is 15.2¢/kWh. Comparing this against Missouri's residential electricity rate of 13.2¢/kWh determines annual operating savings.

Missouri Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$50/mo

MO Electricity / Gas Rate

13.2¢ / $1.32

15-Yr Savings vs Baseboard

+$13,560

Missouri Annual Heating & Cooling Bills by Home Size

In Missouri, a 2,000 sq ft home averages $594/year ($50/mo) using a cold-climate heat pump ($514/yr winter heating + $81/yr summer cooling), compared to $688/year with a natural gas furnace and $1,738/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	$297/yr ($25/mo)	$344/yr ($29/mo)	$869/yr ($72/mo)	+$4,980
1,500 Sq Ft	$446/yr ($37/mo)	$516/yr ($43/mo)	$1,303/yr ($109/mo)	+$9,255
2,000 Sq Ft	$594/yr ($50/mo)	$688/yr ($57/mo)	$1,738/yr ($145/mo)	+$13,560
2,500 Sq Ft	$743/yr ($62/mo)	$859/yr ($72/mo)	$2,172/yr ($181/mo)	+$17,835
3,000 Sq Ft	$892/yr ($74/mo)	$1,031/yr ($86/mo)	$2,607/yr ($217/mo)	+$22,125
3,500 Sq Ft	$1,040/yr ($87/mo)	$1,203/yr ($100/mo)	$3,041/yr ($253/mo)	+$26,415

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Verify 2026 Federal 25C Tax Credit & Ameren Missouri / Evergy rebate eligibility and compare turnkey contractor pricing for a 3.0-Ton system (2,000 sq ft).

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