Heat Pump Cost in New Jersey (2026)
Average installation costs, local electricity rates, and available rebates for New Jersey homeowners.
Avg Install Cost
$8K–$18K
Electricity Rate
22.6¢/kWh
Climate Zones
4, 5
Rebate Programs
0
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We'll use your ZIP code to find local prices, rebates, and climate data.
New Jersey Electricity Rates
New Jersey residents pay 22.6¢ per kWh for electricity. The national average is about 16¢/kWh.
Lower electricity rates improve heat pump economics, reducing your annual operating costs.
New Jersey Heat Pump Costs by City
8 cities covered. Browse local cost data and rebates.