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

In Nebraska (12.6¢/kWh via OPPD / NPPD Public Power), a 2,000 sq ft home averages $676/year ($56/month) with a high-efficiency heat pump, $735/year with a natural gas furnace and central AC, and $2,024/year with electric baseboards.

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

At Nebraska's natural gas rate of $1.18/therm, the economic break-even electricity price for a COP 3.1 heat pump is 13.6¢/kWh. Comparing this against Nebraska's residential electricity rate of 12.6¢/kWh determines annual operating savings.

Nebraska Heating & Cooling Cost Calculator (2026)

2,000 Sq Ft Heat Pump Bill

$56/mo

NE Electricity / Gas Rate

12.6¢ / $1.18

15-Yr Savings vs Baseboard

+$16,620

Nebraska Annual Heating & Cooling Bills by Home Size

In Nebraska, a 2,000 sq ft home averages $676/year ($56/mo) using a cold-climate heat pump ($620/yr winter heating + $56/yr summer cooling), compared to $735/year with a natural gas furnace and $2,024/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	$338/yr ($28/mo)	$368/yr ($31/mo)	$1,012/yr ($84/mo)	+$6,510
1,500 Sq Ft	$507/yr ($42/mo)	$551/yr ($46/mo)	$1,518/yr ($127/mo)	+$11,565
2,000 Sq Ft	$676/yr ($56/mo)	$735/yr ($61/mo)	$2,024/yr ($169/mo)	+$16,620
2,500 Sq Ft	$845/yr ($70/mo)	$919/yr ($77/mo)	$2,530/yr ($211/mo)	+$21,675
3,000 Sq Ft	$1,014/yr ($85/mo)	$1,103/yr ($92/mo)	$3,036/yr ($253/mo)	+$26,730
3,500 Sq Ft	$1,183/yr ($99/mo)	$1,286/yr ($107/mo)	$3,542/yr ($295/mo)	+$31,785

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

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