Heat Pump Cost Calculator 2024

Calculate Heat Pump Installation Cost

Estimated Cost Range

$5,000 to $9,000

Understanding Heat Pump Costs

A heat pump installation typically costs between $2,500 and $35,000, depending on various factors:

Cost Factors

  • Type of heat pump (air-source, ground-source, or dual-fuel)
  • Home size and BTU requirements
  • Efficiency rating (SEER and HSPF)
  • Installation complexity
  • Local labor rates

Available Rebates

Many utilities and governments offer incentives for heat pump installation:

  • Federal tax credits up to 30% of cost
  • State and local rebates
  • Utility company incentives