EIA data · IL

Illinois: what each way of heating costs

The short answer

In Illinois, electricity averaged 18.91¢/kWh (0.9¢ above the US average). That puts mini-split heat at about $19 per million BTU at rated efficiency, versus $12 for natural gas. A heat pump loses on fuel cost at rated efficiency, and loses at 5°F.

Cost per million BTU of delivered heat, Illinois
Heat pump, rated HSPF2 $19/MMBtu
Heat pump, at 5°F $28/MMBtu
Natural gas $12/MMBtu
Propane $22/MMBtu
Heating oil $27/MMBtu
Electric resistance $55/MMBtu

Fuel prices are EIA SEDS 2024 residential averages per million BTU of fuel, divided by 90% furnace/boiler efficiency. Electricity is the EIA trailing-twelve-month residential average. Heat pump efficiency: ENERGY STAR median cold-climate system, HSPF2 10 (COP 2.93) rated, COP 2 at 5°F.

Cities in Illinois

24,000 BTU/h design load
City99% design tempHeat pump $/yrGas $/yrOil $/yrPropane $/yr
Chicago4°F$1,197$649$1,468$1,217
Springfield7°F$1,090$597$1,351$1,120

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Questions people ask

What is the electricity price in Illinois?

EIA reports a residential average of 18.91¢/kWh for Illinois over September 2025 to August 2026; the latest month, August 2026, was 19.32¢/kWh. The US average over the same twelve months was 18.04¢/kWh.

Is a heat pump cheaper than natural gas in Illinois?

Per million BTU of delivered heat, a heat pump at its rated HSPF2 costs about $19 versus $12 for natural gas at 90% efficiency. At 5°F, when efficiency is lowest, the heat pump costs about $28 per million BTU.