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Cost to Heat a Home in Nebraska: Gas vs Propane vs Heat Pump

In Nebraska the cheapest heat last winter was natural gas at $13.47 per MMBtu delivered; electric resistance cost $36.08 — EIA prices, October 2025 to March 2026.

$13.47natural gas, per MMBtu
$36.08electric resistance, per MMBtu
4,584HDD, NOAA state

· Source: EIA STEO September 2026, Natural Gas Monthly, SHOPP · EPM Table 5.6.A (July 2026 data) · next: EIA Winter Fuels Outlook Oct 6, weekly SHOPP prices from October

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Prefilled with Nebraska's last-winter EIA averages; the second preset applies EIA's national outlook. Per-unit rates only; leave out the fixed monthly charge.

Advanced — efficiencies, gas unit, COP, seasonal load
Cheapest heat here: — per MMBtu delivered
—
Cost per million Btu delivered. Fuels: 10 × therm-equivalent price ÷ AFUE. Electricity: 293.07 × $/kWh ÷ COP, resistance fixed at COP 1.00. Marginal unit prices only. Estimate, not a quote.
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Sliders scale the prefilled prices to test sensitivity; the numeric fields stay the precise inputs. Presets:

Cheapest last winter
Natural gas · $13.47/MMBtu
Most expensive
Electric resistance · $36.08/MMBtu
Natural gas
$1.28/therm, winter avg
Propane
$1.61/gal (state)
Heating oil
$2.92/gal (state)
Electricity
12.31¢/kWh, winter avg
Heat pump COP basis
NEEP median, 3.20/2.17/1.90
Heating degree-days, NOAA state
4,584 (Oct 2025–Mar 2026)
EIA STEO West North Central division HDD
5,051 last · 5,424 forecast
Federal credit
§25C ended 31 Dec 2025

Why this number

In Nebraska, the cheapest heat last winter was natural gas at about $13.47 per million Btu delivered, then a cold-climate heat pump at $16.63 and propane at $19.09; electric resistance was the most expensive at $36.08 (EIA average prices, October 2025–March 2026, converted with the site’s standard efficiencies). For this winter EIA’s September outlook moves national heating oil +35%, natural gas -10%, propane -5% and electricity +3%; applied to Nebraska’s own prices, natural gas stays cheapest at about $12.16. The calculator below ranks every option from the prices on your bills.

Nebraska paid 12.31¢/kWh for electricity last winter — 2 of 35 on this list of 35 cold-weather states — and $1.28 per therm for gas (15 of 35); propane ran $1.61/gal (2 of 35) and heating oil $2.92/gal (1 of 35). Put on one basis, dollars per million Btu delivered, natural gas was the cheapest heat at $13.47 and electric resistance the dearest at $36.08 — a 23-dollar gap per MMBtu, or about $1,356 over a 60-MMBtu season.

Price basis: Nebraska’s fuel prices are last winter’s measured EIA and SHOPP averages; the this-winter column scales each by EIA’s national STEO change for that fuel — a labelled estimate, not a state forecast.

Nebraska heating cost per MMBtu, fuel by fuel

Nebraska heating cost per million Btu delivered by fuel, last winter measured and this winter estimated
Heating option $/MMBtu delivered, last winter Season cost at 60 MMBtu This winter, EIA outlook applied
Natural gas furnace (95% AFUE) $13.47 $808 $12.16 (-10%)
Propane furnace (92% AFUE) $19.09 $1,145 $18.19 (-5%)
Heating oil boiler (85% AFUE) $24.84 $1,490 $33.41 (+35%)
Heat pump at 47°F (COP 3.20) $11.27 $676 $11.57 (+3%)
Heat pump at 17°F (COP 2.17, NEEP median 3-ton ducted) $16.63 $998 $17.06 (+3%)
Heat pump at 5°F (COP 1.90) $18.99 $1,139 $19.48 (+3%)
Electric resistance (COP 1.00) $36.08 $2,165 $37.01 (+3%)

The season column is an illustrative 60 MMBtu of delivered heat; in Nebraska that puts natural gas at $808 and electric resistance at $2,165 for the winter. The this-winter column applies EIA’s national STEO change per fuel to Nebraska’s own price (oil +35% is the large one) — direction, not a state forecast.

The prices behind the table

Nebraska fuel and electricity prices behind the comparison, with source, basis and vintage
Price Last winter average (Oct 2025–Mar 2026) Latest published reading Source and basis
Electricity 12.31¢/kWh 13.78¢/kWh (July 2026) EIA Electric Power Monthly 5.6.A; winter average from the monthly editions
Natural gas $1.28/therm ($13.29/Mcf, 6 of 6 months reported) $20.10/Mcf (June 2026, shoulder-season price) EIA Natural Gas Monthly, residential price by state; 1 Mcf = 10.38 therms
Heating oil $2.92/gal $3.97/gal (week of 2026-03-30) EIA SHOPP weekly survey, Nebraska, Oct 2025–Mar 2026 average
Propane $1.61/gal $1.64/gal (week of 2026-03-30) EIA SHOPP weekly survey, Nebraska, Oct 2025–Mar 2026 average

Nebraska’s June gas figure ($20.10/Mcf) runs 1.5× its winter average ($13.29) because EIA’s residential price is average revenue per Mcf with the fixed charge folded in; the high-volume winter months are the closest published proxy for the marginal rate this page needs.

What Nebraska’s utilities charge

Nebraska's largest electric utilities and what resistance and heat-pump heat cost at each one's average price
Utility (largest by customers) Residential customers ¢/kWh (EIA-861 2024) Resistance $/MMBtu Heat pump at 17°F $/MMBtu
Omaha Public Power District 362,918 12.4¢ $36.34 $16.75
Adjustment 2024 148,124 12.0¢ $35.17 $16.21
Lincoln Electric System 134,912 10.9¢ $31.94 $14.72

The statewide 12.31¢ hides a 1.5¢ spread between Nebraska’s largest utilities, worth $4.40 per MMBtu on resistance heat and $2.03 on a heat pump. The ZIP lookup finds yours.

How Nebraska homes are heated

Share of occupied housing units by main house-heating fuel in Nebraska and the US, ACS 2019–2023 5-year (table B25040), 786,885 Nebraska units
Main heating fuel Nebraska homes US homes
Natural gas (utility) 59.4% 46.8%
Electricity 31.2% 40.8%
Propane (bottled, tank or LP gas) 7.1% 4.9%
Heating oil or kerosene 0.3% 4.1%
Wood 0.9% 1.4%

Natural gas heats 59.4% of Nebraska’s 786,885 occupied homes against 46.8% nationally, with electricity at 31.2%, propane at 7.1% and heating oil at 0.3%. That lines up with the table above: natural gas was also Nebraska’s cheapest heat last winter at $13.47 per MMBtu.

What the numbers say about Nebraska

At last winter’s average prices, the cheapest way to heat a home in Nebraska was natural gas at about $13 per million Btu delivered, and the most expensive was electric resistance at $36 — a 2.7× spread between the two columns. Gas beat a cold-climate heat pump at 17°F (COP 2.17) by $3.15/MMBtu, and at 47°F (COP 3.2, $11.27) the heat pump pulls ahead. At Nebraska’s winter rates the economic balance point lands about 32°F (COP 2.68 needed). Heating oil averaged $2.92/gal across 26 SHOPP survey weeks and finished the season at $3.97 on March 30, 2026; EIA’s September outlook puts national oil +35% for this winter, which would carry Nebraska’s figure to roughly $33/MMBtu. Propane averaged $1.61/gal in the state survey, with a national -5% outlook for this winter.

Heating degree-days: Nebraska’s own figure and the EIA division forecast

Nebraska itself logged 4,584 population-weighted heating degree-days from October 2025 to March 2026 (NOAA Climate Prediction Center state series, base 65°F), against 3,500 for the contiguous US. The month-by-month table below is a different, coarser series — EIA STEO West North Central census division degree-days, the only one with a forecast for the coming winter; it groups Nebraska with its neighbours and is not a Nebraska figure:

EIA STEO West North Central census division heating degree-days (not a state figure): last winter actual and this winter forecast, month by month
Last winter (actual) HDD This winter (STEO forecast) HDD
Oct 2025 271 Oct 2026 404
Nov 2025 704 Nov 2026 772
Dec 2025 1,179 Dec 2026 1,135
Jan 2026 1,355 Jan 2027 1,273
Feb 2026 877 Feb 2027 1,030
Mar 2026 664 Mar 2027 809
Oct–Mar total 5,051 Oct–Mar total 5,424

January in the EIA West North Central census division (the coarse series that groups Nebraska with its neighbours) averaged about 21°F last winter (65°F minus degree-days per day) and is forecast at 24°F for January 2027, a season move of +373 degree-days. Degree-days set how much heat Nebraska needs, the table above sets the price per unit, and the bill jump calculator multiplies the two.

Heating oil prices in Nebraska

EIA’s weekly SHOPP survey priced residential No. 2 heating oil in Nebraska at $2.69/gal in the first October week of the 2025-26 season and $3.97 in the final March week — a season average of $2.92, low $2.50, high $3.97, against a national average of $4.01. The survey resumes in October 2026; the weekly tracker carries every state.

Weekly residential heating oil price in Nebraska versus the US average, EIA SHOPP, 2025-26 season
Survey week Nebraska $/gal US $/gal Nebraska vs US
Oct 6, 2025 $2.69 $3.56 -0.868
Oct 13, 2025 $2.79 $3.54 -0.758
Oct 20, 2025 $2.76 $3.53 -0.762
Oct 27, 2025 $2.86 $3.60 -0.735
Nov 3, 2025 $2.92 $3.63 -0.717
Nov 10, 2025 $2.98 $3.72 -0.745
Nov 17, 2025 $2.98 $3.76 -0.779
Nov 24, 2025 $2.99 $3.79 -0.796
Dec 1, 2025 $2.88 $3.74 -0.861
Dec 8, 2025 $2.83 $3.73 -0.905
Dec 15, 2025 $2.66 $3.70 -1.032
Dec 22, 2025 $2.61 $3.65 -1.040
Dec 29, 2025 $2.58 $3.65 -1.069
Jan 5, 2026 $2.55 $3.64 -1.094
Jan 12, 2026 $2.50 $3.62 -1.120
Jan 19, 2026 $2.58 $3.67 -1.085
Jan 26, 2026 $2.63 $3.84 -1.212
Feb 2, 2026 $2.74 $4.05 -1.312
Feb 9, 2026 $2.74 $4.07 -1.333
Feb 16, 2026 $2.73 $4.07 -1.343
Feb 23, 2026 $2.84 $4.10 -1.264
Mar 2, 2026 $2.97 $4.27 -1.299
Mar 9, 2026 $3.58 $5.09 -1.516
Mar 16, 2026 $3.72 $5.17 -1.451
Mar 23, 2026 $3.95 $5.57 -1.617
Mar 30, 2026 $3.97 $5.54 -1.563

Where the heat pump crosses over in Nebraska

At last winter’s averages of 12.31¢/kWh and $1.28/therm, a heat pump beats a 95% gas furnace whenever its COP exceeds 2.68. Nebraska’s economic balance point on the NEEP median curve is about 32°F (COP 2.68 needed); the crossover tool runs seven named units at Nebraska’s prices and the dual-fuel calculator turns the answer into a changeover setting.

From October 6 the EIA Winter Fuels Outlook adds household expenditure by region and the weekly SHOPP survey restarts, giving Nebraska fresh state propane and heating-oil readings on the weekly tracker .

Frequently asked questions

What is the cheapest way to heat a home in Nebraska?

On last winter’s EIA average prices, natural gas at about $13.47 per million Btu delivered, against a cold-climate heat pump at $16.63 and propane at $19.09. Nebraska’s ranking uses a 95% gas furnace, 92% propane furnace, 85% oil boiler and a heat pump at COP 2.17; it is per unit of heat, so Nebraska’s fixed monthly charges and equipment prices sit outside it.

Is a heat pump cheaper than gas in Nebraska?

At Nebraska’s last-winter averages of 12.31¢/kWh and $1.28/therm, a heat pump needs a COP above 2.68 to beat a 95% furnace. Against Nebraska’s required COP 2.68, the NEEP medians (3.20/2.17/1.90 at 47/17/5°F) mean the heat pump wins on mild days and loses in a cold snap in Nebraska; the balance point is about 32°F (COP 2.68 needed).

How much will heating oil and propane cost in Nebraska this winter?

Nobody publishes a Nebraska forecast; applying EIA’s September STEO national changes (+35% oil, -5% propane) to Nebraska’s last-winter $2.92 and $1.61 per gallon gives roughly $3.93 and $1.53 — the ’this winter’ column. Nebraska’s weekly SHOPP readings resume in October; the Winter Fuels Outlook (October 6) adds household expenditure on top.

Where do the Nebraska prices on this page come from?

12.31¢/kWh is the EIA Electric Power Monthly average for Nebraska over the October 2025–March 2026 editions (13.78¢ in July 2026); the share of homes on each heating fuel is Census ACS 2019–2023 5-year table B25040; $13.29/Mcf is the Natural Gas Monthly winter average (6 months), converted at 10.38 therms per Mcf; oil $2.92 and propane $1.61 per gallon are SHOPP state season averages; degree-days are the STEO West North Central series. Only the ’this winter’ column is an estimate.

How we calculated this

Worked for Nebraska at last winter’s averages: gas 10 × $1.28 ÷ 0.95 = $13.47/MMBtu; propane 10 × ($1.61 ÷ 0.91452) ÷ 0.92 = $19.09; oil 10 × ($2.92 ÷ 1.385) ÷ 0.85 = $24.84; resistance 293.07 × 0.1231 = $36.08; heat pump $36.08 ÷ 2.17 = $16.63. The this-winter column multiplies each by EIA’s national STEO change for that fuel (electricity ×1.026, gas ×0.903, propane ×0.953, oil ×1.345).

Sources: U.S. Energy Information Administration (EIA) electricity rates · DSIRE incentive records · public IRS/OBBBA guidance. Figures are modeled estimates, not quotes or tax advice. See our methodology.

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