Heat Pump Operating Cost Calculator — Burlington, ON

Calculate your monthly heating and cooling costs with a heat pump — using your HSPF2/SEER2 rating and real Ontario electricity rates.

⚡ Ontario Hydro Rates

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Heat Pump Operating Cost Calculator

Calculate the estimated monthly operating cost of your heat pump for heating or cooling with this quick quiz.

What is your heat pump’s heating efficiency (COP)?

COP (Coefficient of Performance) measures heating efficiency. Higher = more efficient. Check your manual or use the default.

3.2 COP
1.0 COP4.5 COP

💡 Most modern heat pumps: 2.5–4.0 COP. Standard default: 3.2

What is your heat pump’s cooling efficiency (SEER)?

SEER (Seasonal Energy Efficiency Ratio) measures cooling efficiency. Higher = more efficient.

16 SEER
13 SEER22 SEER

💡 Minimum standard: 13 SEER. High-efficiency: 18–22 SEER

What is the size of your home?
How well insulated is your home?
Which region do you live in?
What is your average electricity rate?

Check your electricity bill or use the Canadian average.

$0.14 per kWh
$0.08/kWh$0.40/kWh

💡 Canadian average: ~$0.14/kWh. Ontario: ~$0.13, BC: ~$0.12, AB: ~$0.18

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Your Heat Pump Operating Cost Estimate
Monthly Heating Cost (est.)
— /month
Monthly Cooling Cost (est.)
— /month
Annual Heating Cost
—
Annual Cooling Cost
—
Total Annual Cost
—
Your Electricity Rate
—

IMPORTANT: This is a general estimate for informational purposes only. Actual costs vary based on usage patterns, local weather, thermostat settings, and equipment age.

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How Much Does It Cost to Run a Heat Pump in Burlington?

A properly sized cold-climate heat pump in a typical Burlington detached home (1,800–2,400 sq ft) typically costs $120–$200/month in winter for heating and $60–$110/month in summer for cooling, using Ontario electricity rates averaging $0.11–$0.14/kWh.. These numbers will vary significantly based on your home’s insulation, the heat pump’s efficiency rating, and whether you use a dual-fuel backup.
MonthPrimary FunctionEstimated Monthly Cost*Notes
JanuaryHeating$160 – $220Coldest month — backup heat may assist
FebruaryHeating$140 – $200Still peak heating season
MarchHeating$100 – $150Mild — heat pump handles it easily
April–MayHeat/Cool$50 – $90Most efficient months of the year
June–AugustCooling$70 – $120Burlington humidity adds cooling demand
September–OctoberHeat/Cool$50 – $90Ideal efficiency — low demand, high COP
NovemberHeating$90 – $140Transition to full heating season
DecemberHeating$140 – $200Holiday season, colder nights
*Estimates based on 2,000 sq ft Burlington home, cold-climate heat pump (HSPF2 10+, SEER2 17+), and 2024–2025 Ontario electricity rates. Actual costs vary.

Understanding HSPF2 and SEER2 Ratings

HSPF2 (Heating Seasonal Performance Factor 2) is a Natural Resources Canada efficiency rating that measures heating performance over an entire season.. A higher number means lower heating costs. Modern cold-climate heat pumps range from HSPF2 9 to 13+.  SEER2 (Seasonal Energy Efficiency Ratio 2) measures cooling efficiency. Higher numbers mean lower summer electricity bills. In Ontario, minimum SEER2 for new installations is 14.3.

FAQs – Heat Pump Operating Cost Calculator

How does the Heat Pump Operating Cost Calculator work?

The Heat Pump Operating Cost Calculator estimates your monthly or annual operating costs based on factors such as your electricity rate, heat pump efficiency, average daily usage, and local climate. It helps you understand the expected cost of running your system.

Several factors influence operating costs, including electricity prices, the heat pump’s efficiency (SEER, HSPF, or COP), your home’s insulation, outdoor temperatures, thermostat settings, and how often the system runs.

Yes. The calculator can provide an estimate of how much you may save compared to traditional heating systems. Actual savings will depend on your current system, energy rates, home efficiency, and usage habits.

The calculator provides a reliable estimate using the information you enter. While it offers a good budgeting tool, actual operating costs may vary based on weather conditions, energy prices, and your home’s heating and cooling needs.

To receive the most accurate estimate, you’ll typically need your local electricity rate, estimated daily usage hours, heat pump efficiency rating, home size, and the climate where you live.

Yes. Our Heat Pump Operating Cost Calculator is completely free and provides instant estimates to help homeowners plan their energy expenses and compare the efficiency of different heat pump systems before making a purchase.

Compare Your Current Heating Bill to a Heat Pump

Our Burlington team will show you a side-by-side cost comparison — free.
⚡ Ontario Electricity Rates
Burlington homeowners on Alectra or Hydro One pay tiered rates. Time-of-use pricing affects heat pump costs — we factor this in.

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Free Cost Comparison

We’ll compare your current heating costs to a heat pump side-by-side — with honest payback projections.