HVAC & Energy

Heat Pump Running Cost Calculator

Convert useful heat demand into electricity with an explicit COP or seasonal COP. Compare runtime and annual-demand scenarios, include auxiliary electricity and optionally compare an entered reference heating cost and simple payback.

Change any input to update the calculation. Unit changes preserve the physical quantity.

CALCULATION SETUP

Inputs

Use a seasonal value for annual demand; a scenario COP for runtime. This is not SEER, HSPF or an assumed manufacturer rating.

Backup heaters, pumps and other electricity not already included in your COP/SCOP value.

Your local currency per kWh; exclude fixed charges unless you explicitly allocate them.

Local currency per kWh of purchased input energy. Enter 0 to omit comparison; convert therms/litres/etc to kWh first.

%

Your local currency; used only when annual savings are positive.

Calculated locally in your browser. No sign-up or input upload.

YOUR CALCULATION

Results

Annual electricity incl. auxiliaries

4,000 kWh13.649 MMBTU

Annual useful heat

12,000 kWh40.946 MMBTU

Heat-pump heating electricity

4,000 kWh

Annual running cost

800 local currency

Annual cost / 12

66.667 local currency/month average

COP incl. entered auxiliaries

3

Cost per useful kWh

0.0667 local currency/kWh
Useful heat12,000 kWhElectricity incl. aux.4,000 kWhCOP incl. auxiliaries 3
Useful heat and heat-pump electrical energy · schematic, not to scale

Calculation breakdown

Annual calculation
Useful heat / COP or SCOP + auxiliary electricity; monthly figure is annual cost / 12, not a seasonal bill forecast.

Assumptions & checks

COP varies with temperature, water supply temperature, defrost and part-load operation. Enter verified scenario/seasonal performance; this is not an equipment efficiency guarantee.

Average monthly cost is annual cost divided by 12. Seasonal bills, cooling, standing charges, maintenance and financing are not predicted.

Formula

COP uses identical thermal and electrical energy units. Runtime mode first estimates useful heat from capacity, load fraction, hours and days. Simple payback excludes finance, maintenance, future tariff changes and equipment life.

Ethermal = capacity × load fraction × hours/day × days/year; Eelectrical = Ethermal/COP + Eaux; cost = kWh × tariff; reference cost = useful kWh/η × input-energy price; payback = incremental cost / positive annual savings

Worked example

Using the default values shown in the calculator, the same formula gives the following result. This is a quick sanity check for the calculation, not a design recommendation.

Inputs

Annual useful heat delivered
12000 kWh
COP / seasonal COP
3
Annual auxiliary electricity
0 kWh
Electricity price per kWh
0.2
Reference fuel / heating energy price (optional)
0
Reference heating efficiency
80 %
Incremental installed cost (optional)
0

Result

Annual electricity incl. auxiliaries
4,000 kWh
Annual useful heat
12,000 kWh
Heat-pump heating electricity
4,000 kWh
Annual running cost
800 local currency
Annual cost / 12
66.667 local currency/month average
COP incl. entered auxiliaries
3
Cost per useful kWh
0.0667 local currency/kWh

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Frequently asked questions

Should I enter heat-pump thermal or electrical capacity?

Runtime mode asks for useful thermal output. The tool divides the estimated delivered heat by COP to estimate electricity; do not enter electrical input as thermal capacity.

Can I use SEER or HSPF as COP?

No. COP is a dimensionless same-unit ratio. Other efficiency metrics use different units or test methods and require a justified conversion or actual seasonal performance data.

Why is payback sometimes omitted?

The tool reports simple payback only when the reference comparison gives positive annual savings and an incremental installed cost was entered.

Reference data & method sources