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

In Wyoming (13.1¢/kWh via Rocky Mountain Power / Cheyenne Light), a 2,000 sq ft home averages $826/year ($69/month) with a high-efficiency heat pump, $838/year with a natural gas furnace and central AC, and $2,528/year with electric baseboards.

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

At Wyoming's natural gas rate of $1.15/therm, the economic break-even electricity price for a COP 3.1 heat pump is 13.2¢/kWh. Comparing this against Wyoming's residential electricity rate of 13.1¢/kWh determines annual operating savings.

Wyoming Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$69/mo

WY Electricity / Gas Rate

13.1¢ / $1.15

15-Yr Savings vs Baseboard

+$21,930

Wyoming Annual Heating & Cooling Bills by Home Size

In Wyoming, a 2,000 sq ft home averages $826/year ($69/mo) using a cold-climate heat pump ($801/yr winter heating + $25/yr summer cooling), compared to $838/year with a natural gas furnace and $2,528/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	$413/yr ($34/mo)	$419/yr ($35/mo)	$1,264/yr ($105/mo)	+$9,165
1,500 Sq Ft	$619/yr ($52/mo)	$629/yr ($52/mo)	$1,896/yr ($158/mo)	+$15,555
2,000 Sq Ft	$826/yr ($69/mo)	$838/yr ($70/mo)	$2,528/yr ($211/mo)	+$21,930
2,500 Sq Ft	$1,032/yr ($86/mo)	$1,048/yr ($87/mo)	$3,160/yr ($263/mo)	+$28,320
3,000 Sq Ft	$1,239/yr ($103/mo)	$1,258/yr ($105/mo)	$3,792/yr ($316/mo)	+$34,695
3,500 Sq Ft	$1,445/yr ($120/mo)	$1,467/yr ($122/mo)	$4,424/yr ($369/mo)	+$41,085

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Verify 2026 Federal 25C Tax Credit & Rocky Mountain Power / Cheyenne Light rebate eligibility and compare turnkey contractor pricing for a 3.0-Ton system (2,000 sq ft).

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