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

In Georgia (14.8¢/kWh via Georgia Power), a 2,000 sq ft home averages $445/year ($37/month) with a high-efficiency heat pump, $548/year with a natural gas furnace and central AC, and $1,221/year with electric baseboards.

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

At Georgia'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 Georgia's residential electricity rate of 14.8¢/kWh determines annual operating savings.

Georgia Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$37/mo

GA Electricity / Gas Rate

14.8¢ / $1.6

15-Yr Savings vs Baseboard

+$8,040

Georgia Annual Heating & Cooling Bills by Home Size

In Georgia, a 2,000 sq ft home averages $445/year ($37/mo) using a cold-climate heat pump ($323/yr winter heating + $122/yr summer cooling), compared to $548/year with a natural gas furnace and $1,221/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	$223/yr ($19/mo)	$274/yr ($23/mo)	$611/yr ($51/mo)	+$2,220
1,500 Sq Ft	$334/yr ($28/mo)	$411/yr ($34/mo)	$916/yr ($76/mo)	+$5,130
2,000 Sq Ft	$445/yr ($37/mo)	$548/yr ($46/mo)	$1,221/yr ($102/mo)	+$8,040
2,500 Sq Ft	$556/yr ($46/mo)	$685/yr ($57/mo)	$1,527/yr ($127/mo)	+$10,965
3,000 Sq Ft	$668/yr ($56/mo)	$822/yr ($69/mo)	$1,832/yr ($153/mo)	+$13,860
3,500 Sq Ft	$779/yr ($65/mo)	$959/yr ($80/mo)	$2,137/yr ($178/mo)	+$16,770