Is Electrification Worth It in New Hampshire?
New Hampshire: No sales tax, no income tax, but heating oil costs $4.00/gallon.
You get 7,000+ heating degree days in Manchester. About 40% of New Hampshire homes heat with oil—highest percentage in the nation. Eversource electricity costs $0.23/kWh. Liberty Utilities gas is $2.10/therm. NH Saves offers rebates up to $6,000 for heat pumps + weatherization.
If you're heating with oil, switching to a cold-climate heat pump will save you $1,500-2,500 per year. Even with expensive electricity, electric heat is cheaper than $4/gallon oil. Payback after incentives: 3-5 years. This is one of the clearest electrification decisions in the country. Get quotes.
New Hampshire Energy Costs
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Return on Investment by Upgrade
Heat Pump HVAC
Solar Panels
Heat Pump Water Heater
EV Charger + Electric Vehicle
Full Electrification Package
Best ROI for New Hampshire
Based on your state's energy costs and climate, EV Charger offers the best return on investment with an average payback of 0.3 years and an ROI of 1014%.
0.0 years slower than average compared to the national average.
Ready to electrify your New Hampshire home?
Get free quotes from local contractors who specialize in heat pumps, solar, and electrification.