![]() ![]() Our survey, and Massachusetts’ database, focus on the cost of installations after rebates and other incentives. ![]() In our survey, the rebates homeowners received ranged from $0 to as much as $14,000, with an average rebate of about $1,500. This depends largely on which state and utility service area you live in. One of the biggest wildcards in the heat pump cost equation is whether or not you qualify for rebates and incentives. We’ve heard similar stories of high installation costs and quotes in San Francisco. The average heat pump they install costs more than $30,000. We recently spoke with an installer in Westchester, New York, one of the most expensive places to live in the US. In our survey, here’s how much the average homeowner paid based on their home’s square footage: Unsurprisingly, the biggest heat pump installation cost factor is home size. What impacts heat pump costs most? Home size Here’s what we learned: Average cost of a heat pumpĪccording to our survey and analysis of other data, homeowners can expect a heat pump installation to cost between $3,500 and $20,000, depending on the size of their home, with an average cost of about $14,000, after rebates.ĭuctless mini-split installations cost between $7,000 and $25,000, depending on the number of zones, with an average cost of just over $12,000, after rebates. We surveyed 125 homeowners across the United States and Canada, reviewed previous research, spoke with experienced installers, and analyzed publicly available data from states like Massachusetts and California. That’s why we embarked on a months-long effort to provide more context and data on how much heat pumps and mini-splits cost. Where do you live? How big is your home? Do you need a ducted system or ductless mini-splits? Are there rebates in your state? What’s your electrical panel setup?īut hearing an answer like “It depends” is frustrating when you’re eager to move ahead. Ask how much a heat pump costs and you’ll likely receive more questions than answers. ![]()
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