EIA data through August 2026 · updated 2026-10-29

Heating costs in New Hampshire

The cheapest way to heat a home in New Hampshire at today's average prices is natural gas ($20.68 per million BTU of heat), then heat pump ($31.26). A heat pump costs 51.2% more to run than a gas furnace.

Heating oil$6.07/galOct 26, 2026 · +74.3% y/y
Propane$3.90/galOct 26, 2026 · +13.4% y/y
Natural gas$19.30/Mcfwinter 2025–26 avg. · Jun 2026: $21.67
Electricity27.6¢/kWhAugust 2026 · +13.1% y/y

Cheapest way to heat a home in New Hampshire

cost of the same amount of heat
Heat sourcePrice usedPer million BTU of heatPer winter
Natural gas cheapest$19.30/Mcf · winter 2025–26 avg.
$20.68
$1,034
Heat pump26.7¢/kWh ÷ COP 2.5
$31.26
$1,563
Propane$3.90/gal · Oct 26, 2026
$47.41
$2,370
Heating oil$6.07/gal · Oct 26, 2026
$51.54
$2,577
Electric resistance26.7¢/kWh · winter 2025–26 avg.
$78.15
$3,908

How we compare: fuel price ÷ (energy content × efficiency). Assumptions — heating oil 138,500 BTU/gal at 85%, propane 91,500 BTU/gal at 90%, natural gas 1,037,000 BTU per Mcf at 90%, electric resistance 100%, heat pump seasonal COP 2.5 (lower in very cold weather). Gas and electricity use last winter's average price; oil and propane the latest weekly survey. Delivery fees, tank rental and fixed charges vary and are not included.

Heating oil in New Hampshire, winter by winter

$3$4$5$6OctNovDecJanFebMarOct 2, 2023: $4.27 per gallonOct 9, 2023: $4.23 per gallonOct 16, 2023: $4.23 per gallonOct 23, 2023: $4.25 per gallonOct 30, 2023: $4.25 per gallonNov 6, 2023: $4.24 per gallonNov 13, 2023: $4.21 per gallonNov 20, 2023: $4.18 per gallonNov 27, 2023: $4.20 per gallonDec 4, 2023: $4.20 per gallonDec 11, 2023: $4.17 per gallonDec 18, 2023: $4.20 per gallonDec 25, 2023: $4.17 per gallonJan 1, 2024: $4.17 per gallonJan 8, 2024: $4.17 per gallonJan 15, 2024: $4.20 per gallonJan 22, 2024: $4.20 per gallonJan 29, 2024: $4.22 per gallonFeb 5, 2024: $4.24 per gallonFeb 12, 2024: $4.26 per gallonFeb 19, 2024: $4.28 per gallonFeb 26, 2024: $4.28 per gallonMar 4, 2024: $4.27 per gallonMar 11, 2024: $4.26 per gallonMar 18, 2024: $4.22 per gallonMar 25, 2024: $4.21 per gallonApr 8, 2024: $4.17 per gallonOct 7, 2024: $3.70 per gallonOct 14, 2024: $3.74 per gallonOct 21, 2024: $3.73 per gallonOct 28, 2024: $3.73 per gallonNov 4, 2024: $3.73 per gallonNov 11, 2024: $3.73 per gallonNov 18, 2024: $3.72 per gallonNov 25, 2024: $3.72 per gallonDec 2, 2024: $3.72 per gallonDec 9, 2024: $3.73 per gallonDec 16, 2024: $3.74 per gallonDec 23, 2024: $3.76 per gallonDec 30, 2024: $3.76 per gallonJan 6, 2025: $3.83 per gallonJan 13, 2025: $3.94 per gallonJan 20, 2025: $4.05 per gallonJan 27, 2025: $4.06 per gallonFeb 3, 2025: $4.08 per gallonFeb 10, 2025: $4.09 per gallonFeb 17, 2025: $4.10 per gallonFeb 24, 2025: $4.09 per gallonMar 3, 2025: $4.08 per gallonMar 10, 2025: $4.06 per gallonMar 17, 2025: $3.96 per gallonMar 24, 2025: $3.90 per gallonMar 31, 2025: $3.86 per gallonApr 14, 2025: $3.73 per gallonOct 6, 2025: $3.54 per gallonOct 13, 2025: $3.50 per gallonOct 20, 2025: $3.47 per gallonOct 27, 2025: $3.48 per gallonNov 3, 2025: $3.50 per gallonNov 10, 2025: $3.55 per gallonNov 17, 2025: $3.60 per gallonNov 24, 2025: $3.67 per gallonDec 1, 2025: $3.67 per gallonDec 8, 2025: $3.67 per gallonDec 15, 2025: $3.68 per gallonDec 22, 2025: $3.65 per gallonDec 29, 2025: $3.63 per gallonJan 5, 2026: $3.64 per gallonJan 12, 2026: $3.62 per gallonJan 19, 2026: $3.63 per gallonJan 26, 2026: $3.68 per gallonFeb 2, 2026: $3.85 per gallonFeb 9, 2026: $3.89 per gallonFeb 16, 2026: $3.90 per gallonFeb 23, 2026: $3.90 per gallonMar 2, 2026: $4.04 per gallonMar 9, 2026: $4.83 per gallonMar 16, 2026: $4.98 per gallonMar 23, 2026: $5.38 per gallonMar 30, 2026: $5.41 per gallonOct 5, 2026: $5.98 per gallonOct 12, 2026: $6.03 per gallonOct 19, 2026: $6.03 per gallonOct 26, 2026: $6.07 per gallon$3$4$5$6OctNovDecJanFebMarOct 2, 2023: $4.27 per gallonOct 9, 2023: $4.23 per gallonOct 16, 2023: $4.23 per gallonOct 23, 2023: $4.25 per gallonOct 30, 2023: $4.25 per gallonNov 6, 2023: $4.24 per gallonNov 13, 2023: $4.21 per gallonNov 20, 2023: $4.18 per gallonNov 27, 2023: $4.20 per gallonDec 4, 2023: $4.20 per gallonDec 11, 2023: $4.17 per gallonDec 18, 2023: $4.20 per gallonDec 25, 2023: $4.17 per gallonJan 1, 2024: $4.17 per gallonJan 8, 2024: $4.17 per gallonJan 15, 2024: $4.20 per gallonJan 22, 2024: $4.20 per gallonJan 29, 2024: $4.22 per gallonFeb 5, 2024: $4.24 per gallonFeb 12, 2024: $4.26 per gallonFeb 19, 2024: $4.28 per gallonFeb 26, 2024: $4.28 per gallonMar 4, 2024: $4.27 per gallonMar 11, 2024: $4.26 per gallonMar 18, 2024: $4.22 per gallonMar 25, 2024: $4.21 per gallonApr 8, 2024: $4.17 per gallonOct 7, 2024: $3.70 per gallonOct 14, 2024: $3.74 per gallonOct 21, 2024: $3.73 per gallonOct 28, 2024: $3.73 per gallonNov 4, 2024: $3.73 per gallonNov 11, 2024: $3.73 per gallonNov 18, 2024: $3.72 per gallonNov 25, 2024: $3.72 per gallonDec 2, 2024: $3.72 per gallonDec 9, 2024: $3.73 per gallonDec 16, 2024: $3.74 per gallonDec 23, 2024: $3.76 per gallonDec 30, 2024: $3.76 per gallonJan 6, 2025: $3.83 per gallonJan 13, 2025: $3.94 per gallonJan 20, 2025: $4.05 per gallonJan 27, 2025: $4.06 per gallonFeb 3, 2025: $4.08 per gallonFeb 10, 2025: $4.09 per gallonFeb 17, 2025: $4.10 per gallonFeb 24, 2025: $4.09 per gallonMar 3, 2025: $4.08 per gallonMar 10, 2025: $4.06 per gallonMar 17, 2025: $3.96 per gallonMar 24, 2025: $3.90 per gallonMar 31, 2025: $3.86 per gallonApr 14, 2025: $3.73 per gallonOct 6, 2025: $3.54 per gallonOct 13, 2025: $3.50 per gallonOct 20, 2025: $3.47 per gallonOct 27, 2025: $3.48 per gallonNov 3, 2025: $3.50 per gallonNov 10, 2025: $3.55 per gallonNov 17, 2025: $3.60 per gallonNov 24, 2025: $3.67 per gallonDec 1, 2025: $3.67 per gallonDec 8, 2025: $3.67 per gallonDec 15, 2025: $3.68 per gallonDec 22, 2025: $3.65 per gallonDec 29, 2025: $3.63 per gallonJan 5, 2026: $3.64 per gallonJan 12, 2026: $3.62 per gallonJan 19, 2026: $3.63 per gallonJan 26, 2026: $3.68 per gallonFeb 2, 2026: $3.85 per gallonFeb 9, 2026: $3.89 per gallonFeb 16, 2026: $3.90 per gallonFeb 23, 2026: $3.90 per gallonMar 2, 2026: $4.04 per gallonMar 9, 2026: $4.83 per gallonMar 16, 2026: $4.98 per gallonMar 23, 2026: $5.38 per gallonMar 30, 2026: $5.41 per gallonOct 5, 2026: $5.98 per gallonOct 12, 2026: $6.03 per gallonOct 19, 2026: $6.03 per gallonOct 26, 2026: $6.07 per gallon
2023–242024–252025–262026–27 (this winter)Weekly survey, Oct–Mar · hover a point for the exact price

U.S. average: $6.23/gal. Source: EIA State Heating Oil and Propane Program (residential, weekly).

Propane in New Hampshire, winter by winter

$3.0$3.5$4.0OctNovDecJanFebMarOct 2, 2023: $3.29 per gallonOct 9, 2023: $3.29 per gallonOct 16, 2023: $3.32 per gallonOct 23, 2023: $3.28 per gallonOct 30, 2023: $3.38 per gallonNov 6, 2023: $3.28 per gallonNov 13, 2023: $3.32 per gallonNov 20, 2023: $3.35 per gallonNov 27, 2023: $3.35 per gallonDec 4, 2023: $3.38 per gallonDec 11, 2023: $3.43 per gallonDec 18, 2023: $3.39 per gallonDec 25, 2023: $3.38 per gallonJan 1, 2024: $3.43 per gallonJan 8, 2024: $3.48 per gallonJan 15, 2024: $3.50 per gallonJan 22, 2024: $3.55 per gallonJan 29, 2024: $3.59 per gallonFeb 5, 2024: $3.66 per gallonFeb 12, 2024: $3.65 per gallonFeb 19, 2024: $3.66 per gallonFeb 26, 2024: $3.65 per gallonMar 4, 2024: $3.62 per gallonMar 11, 2024: $3.64 per gallonMar 18, 2024: $3.63 per gallonMar 25, 2024: $3.62 per gallonApr 8, 2024: $3.58 per gallonOct 7, 2024: $3.45 per gallonOct 14, 2024: $3.47 per gallonOct 21, 2024: $3.46 per gallonOct 28, 2024: $3.47 per gallonNov 4, 2024: $3.47 per gallonNov 11, 2024: $3.49 per gallonNov 18, 2024: $3.49 per gallonNov 25, 2024: $3.48 per gallonDec 2, 2024: $3.48 per gallonDec 9, 2024: $3.47 per gallonDec 16, 2024: $3.50 per gallonDec 23, 2024: $3.51 per gallonDec 30, 2024: $3.57 per gallonJan 6, 2025: $3.67 per gallonJan 13, 2025: $3.72 per gallonJan 20, 2025: $3.76 per gallonJan 27, 2025: $3.79 per gallonFeb 3, 2025: $3.79 per gallonFeb 10, 2025: $3.85 per gallonFeb 17, 2025: $3.87 per gallonFeb 24, 2025: $3.88 per gallonMar 3, 2025: $3.87 per gallonMar 10, 2025: $3.82 per gallonMar 17, 2025: $3.82 per gallonMar 24, 2025: $3.81 per gallonMar 31, 2025: $3.80 per gallonApr 14, 2025: $3.72 per gallonOct 6, 2025: $3.54 per gallonOct 13, 2025: $3.43 per gallonOct 20, 2025: $3.44 per gallonOct 27, 2025: $3.44 per gallonNov 3, 2025: $3.43 per gallonNov 10, 2025: $3.45 per gallonNov 17, 2025: $3.48 per gallonNov 24, 2025: $3.49 per gallonDec 1, 2025: $3.48 per gallonDec 8, 2025: $3.53 per gallonDec 15, 2025: $3.54 per gallonDec 22, 2025: $3.55 per gallonDec 29, 2025: $3.56 per gallonJan 5, 2026: $3.53 per gallonJan 12, 2026: $3.56 per gallonJan 19, 2026: $3.59 per gallonJan 26, 2026: $3.62 per gallonFeb 2, 2026: $3.66 per gallonFeb 9, 2026: $3.65 per gallonFeb 16, 2026: $3.67 per gallonFeb 23, 2026: $3.70 per gallonMar 2, 2026: $3.68 per gallonMar 9, 2026: $3.75 per gallonMar 16, 2026: $3.75 per gallonMar 23, 2026: $3.77 per gallonMar 30, 2026: $3.78 per gallonOct 5, 2026: $3.79 per gallonOct 12, 2026: $3.81 per gallonOct 19, 2026: $3.84 per gallonOct 26, 2026: $3.90 per gallon$3.0$3.5$4.0OctNovDecJanFebMarOct 2, 2023: $3.29 per gallonOct 9, 2023: $3.29 per gallonOct 16, 2023: $3.32 per gallonOct 23, 2023: $3.28 per gallonOct 30, 2023: $3.38 per gallonNov 6, 2023: $3.28 per gallonNov 13, 2023: $3.32 per gallonNov 20, 2023: $3.35 per gallonNov 27, 2023: $3.35 per gallonDec 4, 2023: $3.38 per gallonDec 11, 2023: $3.43 per gallonDec 18, 2023: $3.39 per gallonDec 25, 2023: $3.38 per gallonJan 1, 2024: $3.43 per gallonJan 8, 2024: $3.48 per gallonJan 15, 2024: $3.50 per gallonJan 22, 2024: $3.55 per gallonJan 29, 2024: $3.59 per gallonFeb 5, 2024: $3.66 per gallonFeb 12, 2024: $3.65 per gallonFeb 19, 2024: $3.66 per gallonFeb 26, 2024: $3.65 per gallonMar 4, 2024: $3.62 per gallonMar 11, 2024: $3.64 per gallonMar 18, 2024: $3.63 per gallonMar 25, 2024: $3.62 per gallonApr 8, 2024: $3.58 per gallonOct 7, 2024: $3.45 per gallonOct 14, 2024: $3.47 per gallonOct 21, 2024: $3.46 per gallonOct 28, 2024: $3.47 per gallonNov 4, 2024: $3.47 per gallonNov 11, 2024: $3.49 per gallonNov 18, 2024: $3.49 per gallonNov 25, 2024: $3.48 per gallonDec 2, 2024: $3.48 per gallonDec 9, 2024: $3.47 per gallonDec 16, 2024: $3.50 per gallonDec 23, 2024: $3.51 per gallonDec 30, 2024: $3.57 per gallonJan 6, 2025: $3.67 per gallonJan 13, 2025: $3.72 per gallonJan 20, 2025: $3.76 per gallonJan 27, 2025: $3.79 per gallonFeb 3, 2025: $3.79 per gallonFeb 10, 2025: $3.85 per gallonFeb 17, 2025: $3.87 per gallonFeb 24, 2025: $3.88 per gallonMar 3, 2025: $3.87 per gallonMar 10, 2025: $3.82 per gallonMar 17, 2025: $3.82 per gallonMar 24, 2025: $3.81 per gallonMar 31, 2025: $3.80 per gallonApr 14, 2025: $3.72 per gallonOct 6, 2025: $3.54 per gallonOct 13, 2025: $3.43 per gallonOct 20, 2025: $3.44 per gallonOct 27, 2025: $3.44 per gallonNov 3, 2025: $3.43 per gallonNov 10, 2025: $3.45 per gallonNov 17, 2025: $3.48 per gallonNov 24, 2025: $3.49 per gallonDec 1, 2025: $3.48 per gallonDec 8, 2025: $3.53 per gallonDec 15, 2025: $3.54 per gallonDec 22, 2025: $3.55 per gallonDec 29, 2025: $3.56 per gallonJan 5, 2026: $3.53 per gallonJan 12, 2026: $3.56 per gallonJan 19, 2026: $3.59 per gallonJan 26, 2026: $3.62 per gallonFeb 2, 2026: $3.66 per gallonFeb 9, 2026: $3.65 per gallonFeb 16, 2026: $3.67 per gallonFeb 23, 2026: $3.70 per gallonMar 2, 2026: $3.68 per gallonMar 9, 2026: $3.75 per gallonMar 16, 2026: $3.75 per gallonMar 23, 2026: $3.77 per gallonMar 30, 2026: $3.78 per gallonOct 5, 2026: $3.79 per gallonOct 12, 2026: $3.81 per gallonOct 19, 2026: $3.84 per gallonOct 26, 2026: $3.90 per gallon
2023–242024–252025–262026–27 (this winter)Weekly survey, Oct–Mar · hover a point for the exact price

U.S. average: $2.73/gal. Source: EIA State Heating Oil and Propane Program (residential, weekly).

Natural gas price in New Hampshire

$15$19$23$27$31$35202420252026July 2023: $31.91 per thousand cubic feetAugust 2023: $33.19 per thousand cubic feetSeptember 2023: $30.07 per thousand cubic feetOctober 2023: $27.38 per thousand cubic feetNovember 2023: $22.12 per thousand cubic feetDecember 2023: $18.72 per thousand cubic feetJanuary 2024: $18.83 per thousand cubic feetFebruary 2024: $18.04 per thousand cubic feetMarch 2024: $18.53 per thousand cubic feetApril 2024: $17.60 per thousand cubic feetMay 2024: $17.58 per thousand cubic feetJune 2024: $20.64 per thousand cubic feetJuly 2024: $24.24 per thousand cubic feetAugust 2024: $26.47 per thousand cubic feetSeptember 2024: $25.24 per thousand cubic feetOctober 2024: $20.60 per thousand cubic feetNovember 2024: $17.46 per thousand cubic feetDecember 2024: $18.24 per thousand cubic feetJanuary 2025: $16.81 per thousand cubic feetFebruary 2025: $16.82 per thousand cubic feetMarch 2025: $17.92 per thousand cubic feetApril 2025: $18.99 per thousand cubic feetMay 2025: $20.44 per thousand cubic feetJune 2025: $19.84 per thousand cubic feetJuly 2025: $27.41 per thousand cubic feetAugust 2025: $28.22 per thousand cubic feetSeptember 2025: $26.25 per thousand cubic feetOctober 2025: $22.05 per thousand cubic feetNovember 2025: $18.12 per thousand cubic feetDecember 2025: $19.21 per thousand cubic feetJanuary 2026: $18.95 per thousand cubic feetFebruary 2026: $18.94 per thousand cubic feetMarch 2026: $21.27 per thousand cubic feetApril 2026: $25.67 per thousand cubic feetMay 2026: $24.65 per thousand cubic feetJune 2026: $21.67 per thousand cubic feet
$15$19$23$27$31$35202420252026July 2023: $31.91 per thousand cubic feetAugust 2023: $33.19 per thousand cubic feetSeptember 2023: $30.07 per thousand cubic feetOctober 2023: $27.38 per thousand cubic feetNovember 2023: $22.12 per thousand cubic feetDecember 2023: $18.72 per thousand cubic feetJanuary 2024: $18.83 per thousand cubic feetFebruary 2024: $18.04 per thousand cubic feetMarch 2024: $18.53 per thousand cubic feetApril 2024: $17.60 per thousand cubic feetMay 2024: $17.58 per thousand cubic feetJune 2024: $20.64 per thousand cubic feetJuly 2024: $24.24 per thousand cubic feetAugust 2024: $26.47 per thousand cubic feetSeptember 2024: $25.24 per thousand cubic feetOctober 2024: $20.60 per thousand cubic feetNovember 2024: $17.46 per thousand cubic feetDecember 2024: $18.24 per thousand cubic feetJanuary 2025: $16.81 per thousand cubic feetFebruary 2025: $16.82 per thousand cubic feetMarch 2025: $17.92 per thousand cubic feetApril 2025: $18.99 per thousand cubic feetMay 2025: $20.44 per thousand cubic feetJune 2025: $19.84 per thousand cubic feetJuly 2025: $27.41 per thousand cubic feetAugust 2025: $28.22 per thousand cubic feetSeptember 2025: $26.25 per thousand cubic feetOctober 2025: $22.05 per thousand cubic feetNovember 2025: $18.12 per thousand cubic feetDecember 2025: $19.21 per thousand cubic feetJanuary 2026: $18.95 per thousand cubic feetFebruary 2026: $18.94 per thousand cubic feetMarch 2026: $21.27 per thousand cubic feetApril 2026: $25.67 per thousand cubic feetMay 2026: $24.65 per thousand cubic feetJune 2026: $21.67 per thousand cubic feet
Residential natural gas, $ per McfMonthly · summer prices per Mcf run higher because fixed charges are spread over less gas

Average price paid by homes, including delivery charges. Source: EIA Natural Gas Monthly.

Electricity in New Hampshire

Electric heat and heat pumps run on your utility's rate. See New Hampshire electricity rates by utility and ZIP code →

Questions

How much is heating oil in New Hampshire?

$6.07 per gallon for homes in the EIA survey of Oct 26, 2026 (+74.3% vs. a year earlier).

How much is propane in New Hampshire?

$3.90 per gallon for homes in the EIA survey of Oct 26, 2026 (+13.4% vs. a year earlier).

Is a heat pump cheaper than gas in New Hampshire?

Not at average prices: a heat pump (seasonal COP 2.5) costs $31.26 per million BTU of heat, 51.2% more than a 90% gas furnace at $20.68. A higher-efficiency heat pump or a lower electricity rate can change this.

What is the cheapest way to heat a home in New Hampshire?

At current average prices: natural gas $20.68, heat pump $31.26, propane $47.41, heating oil $51.54, electric resistance $78.15 per million BTU of delivered heat (cheapest first).

Other states