Heat Pump ROI Calculator

New Hampshire homeowners spend an average of $2,800/year on heating oil — among the highest in the country. BlueLine Advisors helps individuals and families across Exeter, Portsmouth, and nationwide estimate potential savings on heating costs. Adjust the inputs and see your personalized payback, savings, and incentives update in real time.

Will a heat pump save you money?

Enter your location, current heating fuel, and annual spend to get a general idea of where things stand — including estimated annual savings, payback period, available incentives, and a 10-year projection. Results are illustrative only.

⚡ Updates in real time 📊 Savings & payback estimate 🔒 No sign-up required
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
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
$

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.
This is not investment, tax, or engineering advice, and should not be the sole basis for any decision. Estimates use the assumptions listed below and individual results will vary. Verify incentives at energystar.gov & dsireusa.org.
Free consultation — no obligation

Want to talk through your numbers with a fiduciary adviser?

BlueLine Advisors is a fee-only, fiduciary firm in Exeter, NH. We don't sell products or earn commissions — we help homeowners make decisions like this with full financial context: tax implications, cash flow timing, and how a heat pump fits your broader financial plan.

Schedule a consultation

No products. No commissions. Fiduciary advice only.

Important Disclosures

This material is provided by BlueLine Advisors LLC ("BlueLine") for informational and educational purposes only and is not intended as investment, tax, legal, or engineering advice. Nothing herein should be construed as a recommendation to buy or sell any security, adopt any investment strategy, or purchase or install any product or service. BlueLine Advisors LLC is a registered investment adviser with the U.S. Securities and Exchange Commission. Registration with the SEC does not imply a certain level of skill or training.

All information reflects the views of BlueLine as of the publication date and is subject to change without notice. Forward-looking statements, projections, outlooks, and illustrative examples are not guarantees of future performance and are based on assumptions that may not be realized. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal.

Key assumptions embedded in this tool include: current fuel prices ($4.20/gal heating oil, $3.10/gal propane, $1.50/therm natural gas, $350/cord wood), local electricity rates by ZIP code (or a $0.14/kWh default if no ZIP is entered), a cold-climate heat pump coefficient of performance (COP) of 2.5, and install cost baselines by home size ($10,500–$21,000, before any incentives or AC-related adjustment). State rebate figures and carbon-savings figures are illustrative averages by state and fuel type. This tool does not account for your specific home characteristics, equipment selection, local contractor pricing, utility rate structure, maintenance costs, equipment lifespan, or individual tax situation. Actual results will vary.

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.

Consult a licensed HVAC contractor for an accurate installation quote and a qualified tax professional regarding any applicable credits or deductions before making any purchase decision. For additional information about BlueLine Advisors LLC, including our Form ADV Part 2A, please visit blueline-advisors.com.