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Will a heat pump save you money?

New Hampshire homeowners spend an average of $2,800/year on heating oil — among the highest in the country. This tool estimates your potential savings on heating costs only. Adjust the inputs and see your personalized payback, savings, and incentives update instantly.

25–35%
typical heating savings vs. oil
$750–$2,000
typical state rebates (varies by state)
8–14 yrs
typical payback in NH
Your home & heating
Location
Current heating fuel
NH heating oil averaged $4.20/gal this winter — 38% above the national average.
Annual heating spend
$2,400
$
Heating costs only — not electricity. NH oil heat avg: ~$2,800/yr  ·  Natural gas: ~$1,200/yr
Home size
Do you have central air conditioning?
A heat pump heats in winter and cools in summer. If you already have AC, we reduce the net install cost by ~$5,000 (avoided AC replacement). If you don’t have AC, adding cooling will increase your summer electricity bill.
Optional — improves accuracy
$
3.0%
2.0%
Your estimate
Adjust the inputs to see your personalized estimate
Annual savings
—
heating costs only
Monthly savings
—
heating costs only
Payback period
—
after incentives
10-year net benefit
—
savings minus install cost
Available incentives
Federal tax credit (25C — expired 12/31/25)—
State rebate—
Total incentives—
What if energy prices move?
Base case (current prices)—
If your heating fuel rises 25%—
If electricity rises 25%—
If both rise together—
10-year cumulative projection
10-year projection.
Cumulative savings
Net benefit after install
Switching reduces your carbon footprint by an estimated — tons CO₂/yr — like removing — car(s) from the road.
Estimates use regional averages. Individual results vary. Not financial advice. Verify incentives at energystar.gov & dsireusa.org.
Important disclosures: This calculator is provided for informational and educational purposes only and does not constitute financial, tax, investment, or engineering advice. Outputs are based on regional averages and hypothetical assumptions; individual results will vary. The federal Energy Efficient Home Improvement Credit under Section 25C expired December 31, 2025 and is not reflected in these estimates. State and utility rebates are subject to availability and change. BlueLine Advisors, LLC makes no representation that any estimate is accurate, complete, or applicable to any specific situation. Consult a licensed HVAC contractor for accurate quotes and a qualified tax professional regarding applicable credits.

BlueLine Advisors, LLC is registered as an investment adviser with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. This tool does not constitute investment advice or a solicitation.

BlueLine Advisors, LLC — Registered Investment Adviser — Exeter, NH — blueline-advisors.com
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Important disclosures

Not financial, tax, or engineering advice. This calculator is provided for educational and informational purposes only. The outputs — including estimated savings, payback periods, incentive amounts, and 10-year projections — are based on publicly available regional averages and do not account for your specific home characteristics, equipment selection, local contractor pricing, utility rate structure, or individual tax situation. Results should not be relied upon as a substitute for a qualified HVAC contractor quote or personalized financial analysis.

Federal tax credit. The federal Energy Efficient Home Improvement Credit under Section 25C expired December 31, 2025 and is not currently available for heat pumps placed in service in 2026. These estimates do not include any federal tax credit. State and utility rebate availability is subject to funding and program changes. Verify current incentive availability at dsireusa.org or with a qualified tax professional before making any purchase decision.

No guarantee of accuracy or completeness. Energy prices, utility rates, and incentive programs change frequently. BlueLine Advisors makes no representation that any estimate produced by this tool is accurate, complete, or applicable to your situation.

Investment adviser disclosure. BlueLine Advisors, LLC is registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. This tool does not constitute investment advice, a solicitation, or an offer to buy or sell any security or financial product. Any financial projections shown are hypothetical and illustrative only.

Consult qualified professionals. Before making any decision to install a heat pump or other home energy system, consult a licensed HVAC contractor for an accurate quote and a qualified tax professional regarding any applicable credits or deductions. If you would like to discuss how a home energy investment fits into your broader financial plan, BlueLine Advisors offers fee-only, fiduciary financial planning with no product sales or commissions.

BlueLine Advisors, LLC — Registered Investment Adviser — Exeter, NH — blueline-advisors.com