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Gas vs Electric Heating Cost in North Carolina

In North Carolina, a 2,000 sq ft house with average insulation costs an estimated $980.97 a year to heat with a 92% gas furnace, $2,537.92 with electric resistance heat and $818.68 with a heat pump. In North Carolina, the heat pump beats the gas furnace on running cost by an estimated $162.29 a year.

An electric baseboard heater below a living room window.
An electric baseboard heater below a living room window.

State data

What North Carolina pays

Electricity
15.2¢/kWhEIA Electric Power Monthly, table 5.6.A · EIA, July 2026 (data as of 2026-09-28)
Natural gas
$1.58/thermEIA, residential natural gas price ($/Mcf ÷ 10.37) · EIA 2025 annual average (data as of 2026-09-28)
Heating degree-days
3,400 °F-days (base 65 °F)NOAA CPC, 1991–2020 normals
Climate zone
3 (IECC 2021)DOE/PNNL · heat pump seasonal COP used: 3.1

North Carolina's residential rate of 15.2¢/kWh sits between 15¢ and 20¢/kWh, 17% below the US average of 18.3¢/kWh. At $1.58/therm, North Carolina's gas price is the 23rd-highest of the 51 on this site. North Carolina logs 3,400 heating degree-days a year (NOAA normals), 24% fewer than the US average of 4,500.

Prices are statewide averages. Type the rate and gas price from your own bill into the calculator above to replace them.

Gas vs electric heat

B04

Scenario A

Sets the electricity rate. Pick US average if you're not sure.

$/kWh

From EIA for North Carolina. Use the rate on your bill if you know it.

Rate used: 15.2¢/kWh · North Carolina · EIA, July 2026 · gas $1.58/therm (EIA 2025 annual) · 3,400 heating degree-days · climate zone 3 (data as of 2026-09-28) ·

sq ft

On the furnace label: 0.80 older, 0.90–0.98 condensing.

Gas furnace costs less per year by

$1,556.95/ year

Electric resistance: $2,537.92 a year · Gas furnace: $980.97 a year, for 57.1 MMBtu of heat.

Yearly heating load
57.1 MMBtu
Electric resistance, $ per MMBtu
$44.43
Gas furnace, $ per MMBtu
$17.17
Electric resistance, per year
$2,537.92
Gas furnace, per year
$980.97
Difference per year (Gas furnace − Electric resistance)
−$1,556.95
Seasonal heat pump COP used
3.1
Prices used
electricity 15.2¢/kWh · gas $1.58/therm · propane $3.00/gal · oil $3.60/gal
Heat pump, per year (for reference)
$818.68

Cost by month, in season only

  1. Jan: $507.58
  2. Feb: $406.07
  3. Mar: $329.93
  4. Apr: $177.65
  5. May: $76.14
  6. Jun: $12.69
  7. Jul: $0.00
  8. Aug: $0.00
  9. Sep: $38.07
  10. Oct: $152.28
  11. Nov: $304.55
  12. Dec: $532.96

The yearly cost spread across the months using a typical heating degree-day pattern from NOAA 1991–2020 normals. Months outside the season show $0.

Estimate. Formula and sources are under “How it works”. Change any input; the result updates as you type.

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2026 note: The federal 25C and 25D tax credits ended for installations after Dec 31, 2025. Our numbers use 2026 rules. State rebates, HEAR/HOMES programs and utility programs may still apply.

Worked example

Worked example: 2,000 sq ft in North Carolina

A 2,000 sq ft house with average insulation in North Carolina needs about 57.1 MMBtu of heat a year (3,400 heating degree-days). At $1.58/therm in a 92% furnace, gas delivers that heat at $17.17 per MMBtu; resistance heat at 15.2¢/kWh costs $44.43, and a heat pump at seasonal COP 3.1 (zone 3) costs $14.33. The year comes to $980.97 on gas, $2,537.92 on resistance heat and $818.68 on a heat pump. That puts the heat pump $162.29 a year below the gas furnace in North Carolina, running cost only.

Load = sq ft × 0.35 × heating degree-days × 24 ÷ 1,000,000. Gas $/MMBtu = $/therm ÷ 0.1 ÷ 0.92. Resistance $/MMBtu = $/kWh × 293.07. Heat pump = resistance ÷ COP.

Questions

FAQ

Which is cheaper in North Carolina, gas or electric heat?

Electric resistance heat is the most expensive of the three in North Carolina: $2,537.92 a year for the 2,000 sq ft example, $1,556.95 more than gas. Between gas ($980.97) and a heat pump ($818.68), the heat pump costs less to run in North Carolina, by an estimated $162.29 a year. These are estimates at 15.2¢/kWh and $1.58/therm; your bill's prices can change the answer.

How much gas does a furnace use in North Carolina?

About 621 therms a year for a 2,000 sq ft house with average insulation and a 92% furnace, at North Carolina's 3,400 heating degree-days. That averages 52 therms a month over 12 months, but almost all of it is burned in the heating months. At $1.58/therm, the year costs an estimated $980.97.

Electric furnace vs gas furnace cost in North Carolina?

An electric furnace is resistance heat: every kWh gives 3,412 BTU. At 15.2¢/kWh, that heat costs $44.43 per MMBtu in North Carolina, against $17.17 from a 92% gas furnace at $1.58/therm, 2.6 times as much. For the 2,000 sq ft example that's $2,537.92 a year against $980.97.

Bordering states

Nearby states

Same calculator, same house, each state's own prices and winter:

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