Househeating Pulse
EU Heat-Pump Market Intelligence

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Portugal PT

warmer climate · Currency EUR

€0.2434/kWh
Electricity (Eurostat)
€0.1405/kWh
Gas (Eurostat)
852
Annual HDD₁₈
12.9 °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 Portugal. Compiled from JRC/EHPA market data and national subsidy program ceilings — not quotes for any specific model.

Air-to-water · 8–14 kW

€13ktypical
Range €9k€17k

Lower labour costs; €11–14k median.

Source: ADENE 2024 + Fundo Ambiental

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
2025-070.24340.1625
2025-010.23900.1590
2024-070.26260.1693
2024-010.24260.1823
2023-070.22990.2012
2023-010.20710.2983
2022-070.22220.1972
2022-010.21990.1688
2021-070.21700.1164
2021-010.20890.1131
2020-070.21330.1138
2020-010.21200.1139