EIA data · WI
Wisconsin: what each way of heating costs
The short answer
In Wisconsin, electricity averaged 18.79¢/kWh (0.8¢ above the US average). That puts mini-split heat at about $19 per million BTU at rated efficiency, versus $11 for natural gas. A heat pump loses on fuel cost at rated efficiency, and loses at 5°F.
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 Wisconsin
| City | 99% design temp | Heat pump $/yr | Gas $/yr | Oil $/yr | Propane $/yr |
|---|---|---|---|---|---|
| Milwaukee | 4°F | $1,264 | $626 | $1,452 | $1,227 |
| Madison | -1°F | $1,325 | $639 | $1,481 | $1,252 |
| Green Bay | -1°F | $1,384 | $668 | $1,548 | $1,309 |
Keep going
- Cost-to-heat calculator: put in a ZIP for your own number instead of a state average.
- All city estimates, sizing by design temperature and incentives.
- States with a similar electricity price: Illinois, Ohio, Pennsylvania, Colorado.
Questions people ask
What is the electricity price in Wisconsin?
EIA reports a residential average of 18.79¢/kWh for Wisconsin over September 2025 to August 2026; the latest month, August 2026, was 19.41¢/kWh. The US average over the same twelve months was 18.04¢/kWh.
Is a heat pump cheaper than natural gas in Wisconsin?
Per million BTU of delivered heat, a heat pump at its rated HSPF2 costs about $19 versus $11 for natural gas at 90% efficiency. At 5°F, when efficiency is lowest, the heat pump costs about $28 per million BTU.