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$11.47 Gas vs $53.90 Electric: Cost to Heat a Home in Wisconsin

In Wisconsin the cheapest heat last winter was natural gas at $11.47 per MMBtu delivered; electric resistance cost $53.90 — EIA prices, October 2025 to March 2026.

$11.47natural gas, per MMBtu
$53.90electric resistance, per MMBtu
6,152HDD, 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 Wisconsin'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 · $11.47/MMBtu
Most expensive
Electric resistance · $53.90/MMBtu
Natural gas
$1.09/therm, winter avg
Propane
$1.91/gal (state)
Heating oil
$3.31/gal (state)
Electricity
18.39¢/kWh, winter avg
Heat pump COP basis
NEEP median, 3.20/2.17/1.90
Heating degree-days, NOAA state
6,152 (Oct 2025–Mar 2026)
EIA STEO East North Central division HDD
5,267 last · 5,077 forecast
Federal credit
§25C ended 31 Dec 2025

Why this number

In Wisconsin, the cheapest heat last winter was natural gas at about $11.47 per million Btu delivered, then propane at $22.69 and a cold-climate heat pump at $24.84; electric resistance was the most expensive at $53.90 (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 Wisconsin’s own prices, natural gas stays cheapest at about $10.36. The calculator below ranks every option from the prices on your bills.

Wisconsin paid 18.39¢/kWh for electricity last winter — 23 of 35 on this list of 35 cold-weather states — and $1.09 per therm for gas (10 of 35); propane ran $1.91/gal (7 of 35) and heating oil $3.31/gal (4 of 35). Put on one basis, dollars per million Btu delivered, natural gas was the cheapest heat at $11.47 and electric resistance the dearest at $53.90 — a 42-dollar gap per MMBtu, or about $2,545 over a 60-MMBtu season.

Price basis: Wisconsin’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.

Wisconsin heating cost per MMBtu, fuel by fuel

Wisconsin 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) $11.47 $688 $10.36 (-10%)
Propane furnace (92% AFUE) $22.69 $1,361 $21.63 (-5%)
Heating oil boiler (85% AFUE) $28.12 $1,687 $37.83 (+35%)
Heat pump at 47°F (COP 3.20) $16.84 $1,011 $17.28 (+3%)
Heat pump at 17°F (COP 2.17, NEEP median 3-ton ducted) $24.84 $1,490 $25.48 (+3%)
Heat pump at 5°F (COP 1.90) $28.37 $1,702 $29.10 (+3%)
Electric resistance (COP 1.00) $53.90 $3,234 $55.29 (+3%)

The season column is an illustrative 60 MMBtu of delivered heat; in Wisconsin that puts natural gas at $688 and electric resistance at $3,234 for the winter. The this-winter column applies EIA’s national STEO change per fuel to Wisconsin’s own price (oil +35% is the large one) — direction, not a state forecast.

The prices behind the table

Wisconsin 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 18.39¢/kWh 19.06¢/kWh (July 2026) EIA Electric Power Monthly 5.6.A; winter average from the monthly editions
Natural gas $1.09/therm ($11.29/Mcf, 6 of 6 months reported) $18.17/Mcf (June 2026, shoulder-season price) EIA Natural Gas Monthly, residential price by state; 1 Mcf = 10.38 therms
Heating oil $3.31/gal $4.32/gal (week of 2026-03-30) EIA SHOPP weekly survey, Wisconsin, Oct 2025–Mar 2026 average
Propane $1.91/gal $2.07/gal (week of 2026-03-30) EIA SHOPP weekly survey, Wisconsin, Oct 2025–Mar 2026 average

Wisconsin’s June gas figure ($18.17/Mcf) runs 1.6× its winter average ($11.29) 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 Wisconsin’s utilities charge

Wisconsin'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
Wisconsin Electric Power Co 1,048,148 19.2¢ $56.27 $25.93
Wisconsin Power & Light Co 437,211 16.9¢ $49.53 $22.82
Wisconsin Public Service Corp 411,775 16.2¢ $47.48 $21.88

The statewide 18.39¢ hides a 3.0¢ spread between Wisconsin’s largest utilities, worth $8.79 per MMBtu on resistance heat and $4.05 on a heat pump. The ZIP lookup finds yours.

How Wisconsin homes are heated

Share of occupied housing units by main house-heating fuel in Wisconsin and the US, ACS 2019–2023 5-year (table B25040), 2,446,028 Wisconsin units
Main heating fuel Wisconsin homes US homes
Natural gas (utility) 65.0% 46.8%
Electricity 17.3% 40.8%
Propane (bottled, tank or LP gas) 11.9% 4.9%
Heating oil or kerosene 1.5% 4.1%
Wood 2.8% 1.4%

Natural gas heats 65.0% of Wisconsin’s 2,446,028 occupied homes against 46.8% nationally, with electricity at 17.3%, propane at 11.9% and heating oil at 1.5%. That lines up with the table above: natural gas was also Wisconsin’s cheapest heat last winter at $11.47 per MMBtu.

What the numbers say about Wisconsin

At last winter’s average prices, the cheapest way to heat a home in Wisconsin was natural gas at about $11 per million Btu delivered, and the most expensive was electric resistance at $54 — a 4.7× spread between the two columns. Gas beat a cold-climate heat pump at 17°F (COP 2.17) by $13.36/MMBtu, and at 47°F (COP 3.2, $16.84) the heat pump still trails. At Wisconsin’s winter rates the economic balance point lands above 47°F (COP 4.70 needed against 3.20 available), so the furnace is cheaper at every rated temperature. Heating oil averaged $3.31/gal across 26 SHOPP survey weeks and finished the season at $4.32 on March 30, 2026; EIA’s September outlook puts national oil +35% for this winter, which would carry Wisconsin’s figure to roughly $38/MMBtu. Propane averaged $1.91/gal in the state survey, with a national -5% outlook for this winter.

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

Wisconsin itself logged 6,152 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 East North Central census division degree-days, the only one with a forecast for the coming winter; it groups Wisconsin with its neighbours and is not a Wisconsin figure:

EIA STEO East 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 304 Oct 2026 377
Nov 2025 741 Nov 2026 704
Dec 2025 1,187 Dec 2026 1,028
Jan 2026 1,367 Jan 2027 1,181
Feb 2026 995 Feb 2027 982
Mar 2026 672 Mar 2027 804
Oct–Mar total 5,267 Oct–Mar total 5,077

January in the EIA East North Central census division (the coarse series that groups Wisconsin with its neighbours) averaged about 21°F last winter (65°F minus degree-days per day) and is forecast at 27°F for January 2027, a season move of -190 degree-days. Degree-days set how much heat Wisconsin needs, the table above sets the price per unit, and the bill jump calculator multiplies the two.

Heating oil prices in Wisconsin

EIA’s weekly SHOPP survey priced residential No. 2 heating oil in Wisconsin at $3.11/gal in the first October week of the 2025-26 season and $4.32 in the final March week — a season average of $3.31, low $2.84, high $4.50, 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 Wisconsin versus the US average, EIA SHOPP, 2025-26 season
Survey week Wisconsin $/gal US $/gal Wisconsin vs US
Oct 6, 2025 $3.11 $3.56 -0.445
Oct 13, 2025 $3.11 $3.54 -0.437
Oct 20, 2025 $3.08 $3.53 -0.451
Oct 27, 2025 $3.20 $3.60 -0.399
Nov 3, 2025 $3.27 $3.63 -0.359
Nov 10, 2025 $3.37 $3.72 -0.350
Nov 17, 2025 $3.48 $3.76 -0.289
Nov 24, 2025 $3.29 $3.79 -0.494
Dec 1, 2025 $3.13 $3.74 -0.613
Dec 8, 2025 $3.05 $3.73 -0.683
Dec 15, 2025 $2.96 $3.70 -0.734
Dec 22, 2025 $2.92 $3.65 -0.723
Dec 29, 2025 $2.94 $3.65 -0.711
Jan 5, 2026 $2.89 $3.64 -0.750
Jan 12, 2026 $2.84 $3.62 -0.784
Jan 19, 2026 $2.89 $3.67 -0.775
Jan 26, 2026 $3.02 $3.84 -0.818
Feb 2, 2026 $3.14 $4.05 -0.915
Feb 9, 2026 $3.15 $4.07 -0.919
Feb 16, 2026 $3.17 $4.07 -0.899
Feb 23, 2026 $3.32 $4.10 -0.781
Mar 2, 2026 $3.43 $4.27 -0.841
Mar 9, 2026 $4.22 $5.09 -0.866
Mar 16, 2026 $4.28 $5.17 -0.892
Mar 23, 2026 $4.50 $5.57 -1.068
Mar 30, 2026 $4.32 $5.54 -1.212

Where the heat pump crosses over in Wisconsin

At last winter’s averages of 18.39¢/kWh and $1.09/therm, a heat pump beats a 95% gas furnace whenever its COP exceeds 4.70. Wisconsin’s economic balance point on the NEEP median curve is above 47°F (COP 4.70 needed against 3.20 available), so the furnace is cheaper at every rated temperature; the crossover tool runs seven named units at Wisconsin’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 Wisconsin fresh state propane and heating-oil readings on the weekly tracker .

Frequently asked questions

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

On last winter’s EIA average prices, natural gas at about $11.47 per million Btu delivered, against propane at $22.69 and a cold-climate heat pump at $24.84. Wisconsin’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 Wisconsin’s fixed monthly charges and equipment prices sit outside it.

Is a heat pump cheaper than gas in Wisconsin?

At Wisconsin’s last-winter averages of 18.39¢/kWh and $1.09/therm, a heat pump needs a COP above 4.70 to beat a 95% furnace. Against Wisconsin’s required COP 4.70, the NEEP medians (3.20/2.17/1.90 at 47/17/5°F) mean the heat pump loses at every rating point in Wisconsin; the balance point is above 47°F (COP 4.70 needed against 3.20 available), so the furnace is cheaper at every rated temperature.

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

Nobody publishes a Wisconsin forecast; applying EIA’s September STEO national changes (+35% oil, -5% propane) to Wisconsin’s last-winter $3.31 and $1.91 per gallon gives roughly $4.45 and $1.82 — the ’this winter’ column. Wisconsin’s weekly SHOPP readings resume in October; the Winter Fuels Outlook (October 6) adds household expenditure on top.

Where do the Wisconsin prices on this page come from?

18.39¢/kWh is the EIA Electric Power Monthly average for Wisconsin over the October 2025–March 2026 editions (19.06¢ in July 2026); the share of homes on each heating fuel is Census ACS 2019–2023 5-year table B25040; $11.29/Mcf is the Natural Gas Monthly winter average (6 months), converted at 10.38 therms per Mcf; oil $3.31 and propane $1.91 per gallon are SHOPP state season averages; degree-days are the STEO East North Central series. Only the ’this winter’ column is an estimate.

How we calculated this

Worked for Wisconsin at last winter’s averages: gas 10 × $1.09 ÷ 0.95 = $11.47/MMBtu; propane 10 × ($1.91 ÷ 0.91452) ÷ 0.92 = $22.69; oil 10 × ($3.31 ÷ 1.385) ÷ 0.85 = $28.12; resistance 293.07 × 0.1839 = $53.90; heat pump $53.90 ÷ 2.17 = $24.84. 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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