Heat pump running cost in Greece (GR)

120 m² home, 60 kWh/m²/year heat demand, heat pump COP 3.5, average electricity price € 0.0818 /kWh (last 30 days, GR).

Annual heat pump running cost
168 / year
€ 14 / month average · 2057 kWh electricity used
You save € 421 / year vs direct electric heating (€ 589).

Cost comparison

Heating systemAnnual kWhAnnual cost
🟢 Heat pump (COP 3.5)2057168
🔴 Direct electric (panel heaters)7200589
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Notes on the assumptions

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