Househeating Pulse
EU Heat-Pump Market Intelligence

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Denmark DK

colder climate · Currency DKK

€0.3312/kWh
Electricity (Eurostat)
€0.1257/kWh
Gas (Eurostat)
3447
Annual HDD₁₈
1.1 °C
Mean January temp.

Subsidy programmes

No subsidy programmes seeded for this country yet.

Estimated installed cost

Fully turnkey ranges (equipment + labour + DHW where typical) for Denmark. Compiled from JRC/EHPA market data and national subsidy program ceilings — not quotes for any specific model.

Air-to-water · 8–14 kW

€17ktypical
Range €14k€22k

DKK 110–150k median.

Source: Energistyrelsen / Sparenergi 2024

Ground-source · 8–14 kW

€28ktypical
Range €22k€38k

Source: Energistyrelsen 2024

Best-case net cost after the largest available subsidy is shown where applicable in the subsidies section above. Use the payback calculator to combine these with your fuel tariff.

Electricity price history

PeriodIncl. tax €/kWhExcl. tax €/kWh
2025-070.33120.1685
2025-010.34850.1823
2024-070.37630.1928
2024-010.37080.1883
2023-070.35540.1846
2023-010.38110.2976
2022-070.58710.3636
2022-010.45590.2371
2021-070.34480.1485
2021-010.29000.1040
2020-070.28190.0908
2020-010.28330.0951