Heat Pump Cost Calculator
Get a personalized heat pump installation estimate for your home. Our calculator uses local labor rates, electricity prices, climate data, and current federal and state rebates to give you an accurate cost range in under a minute.
Where is your home?
We'll use your ZIP code to find local prices, rebates, and climate data.
How the Calculator Works
- 1Enter your ZIP code — We look up your local electricity rate, utility provider, and IECC climate zone to size the right system for your area.
- 2Tell us about your home — Square footage, current heating fuel, and home age help us estimate equipment tonnage and installation complexity.
- 3Get your estimate — See a full cost breakdown with equipment, labor, available rebates, annual energy savings, and payback period.
What's Included in Your Estimate
Equipment Costs
Based on ENERGY STAR certified heat pump pricing for your home size and climate zone.
Local Labor Rates
HVAC installation costs from BLS wage data for your metro area.
Rebates & Tax Credits
State incentives, utility rebates, and any active federal credits available at your address.
Energy Savings
Estimated annual savings vs. your current heating system using local energy prices.
Frequently Asked Questions
How much does a heat pump cost in 2026?
A typical heat pump installation costs between $8,000 and $18,000 before rebates, depending on your home size, climate, and system type. The federal 25C tax credit (up to $2,000) expired December 31, 2025 but may be renewed by Congress. State and utility rebates can still significantly reduce your net cost.
What rebates are available for heat pumps?
The federal 25C tax credit (up to $2,000 for heat pumps) expired December 31, 2025. Congress may extend or replace it — check IRS.gov for updates. Many states and utilities still offer rebates ranging from $500 to $8,000. Enter your ZIP code above to see what's currently available to you.
How accurate is this calculator?
Our estimates use real data sources: BLS labor rates for your area, EIA electricity prices, ENERGY STAR product specs, and Rewiring America's rebate database. While actual costs vary by contractor and site conditions, our estimates provide a reliable starting range for budgeting.
Do heat pumps work in cold climates?
Yes. Modern cold-climate heat pumps (certified by NEEP) operate efficiently down to -15°F. If you're in climate zone 5 or higher, our calculator recommends cold-climate rated models automatically.