Is Electrification Worth It in Ohio?
Ohio has cheap energy. Both gas and electric.
Natural gas averages $0.95/therm. Electricity runs $0.12-0.14/kWh depending on your utility. Climate is moderate—about 5,600 heating degree days in Columbus, more in Cleveland. You need real heating, but winter temps usually stay above 10°F. Heat pump rebates through AEP Ohio and other utilities help close the gap.
Heat pumps work fine in Ohio, but the economics aren't slam-dunk because gas is so cheap. Your payback period will probably be 8-12 years unless you're replacing oil/propane. The move that makes sense: If your AC is dying and your furnace is 15+ years old, replace both with a heat pump. Don't rip out a working 5-year-old furnace to go electric.
Ohio 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 Ohio
Based on your state's energy costs and climate, EV Charger offers the best return on investment with an average payback of 0.4 years and an ROI of 1460%.
0.0 years slower than average compared to the national average.
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