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Cost to run a heat pump in Mississippi (June 2026 rates)

At 14.88¢ per kilowatt-hour — Mississippi's average residential price in June 2026 — running a heat pump costs $321 a year. That is 19% less than the national average of $396. Mississippi's residential rate is up 5.8% from June 2025, which moves this appliance from $304 to $321 a year.

Per hour
21.4¢
Per day of use
$2.14
Per month
$26.78
Per year
$321

Assumption: 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year — 2,160 kWh a year. A mid-size ducted heat pump in heating mode. It moves heat rather than making it, delivering two to four units of heat per unit of electricity until the outdoor temperature drops far enough to trigger backup resistance strips. Use the calculator to swap in the numbers from your own model.

How Mississippi compares

Mississippi pays 14.88¢/kWh, the 12th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $74.74 less a year than the typical U.S. household pays for the same use. Running the same heat pump costs $283 a year in Nevada and $1,139 in Hawaii, so where you live changes this bill by $856 a year.

StateRatePer monthPer year
Idaho14.37¢$25.87$310
North Carolina14.74¢$26.53$318
Mississippi14.88¢$26.78$321
Washington14.91¢$26.84$322
New Mexico15.06¢$27.11$325

States ranked by average residential price, cheapest first. See all 51 states for a heat pump.

What else costs about the same in Mississippi

Cutting the number down

Questions

How much does a heat pump cost per month in Mississippi?
About $26.78 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 14.88¢/kWh.
How many kilowatt-hours does a heat pump use?
Roughly 2,160 kWh a year under these assumptions, or 1.44 kWh for every hour it runs.
Is that expensive compared with other states?
Mississippi has the 12th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $396 a year.