Heat Pump Pricing Index

Independent · Updated quarterly

How much does a heat pump actually cost?

Up to$10,000in stackable rebates

Real installed prices by city, federal + state rebate amounts, and a savings calculator that tells you what you'll actually pay after incentives. No sales calls, no lead forms.

$11,400
National avg installed cost
ducted, 3-ton, 2026
$2,000
Max federal tax credit
IRA §25C, 30% of project
$10,000
Top state rebate
MA Mass Save HEEHRA

Cost by city

Installed prices reflect typical 3-ton ducted systems before incentives.

See all metros →

Rebates by state

Stackable on top of the federal $2,000 tax credit and $8,000 HEEHRA rebate (income-eligible).

Estimate your out-of-pocket cost

Enter your state, household income, and system size. We'll subtract every rebate you qualify for.

Used to determine HEEHRA eligibility (under 80% area median income).

Average installed cost
$12,500
Incentives offset 43% of the install$5,400
  • Federal §25C tax credit$2,000
  • Oncor Take A Look program$1,200
  • CenterPoint Energy SCORE$800
  • Austin Energy Heat Pump Rebate$1,400

Estimated out-of-pocket$7,100

Estimate only. Tax credits require sufficient federal tax liability. Rebate stacking rules vary — confirm with your installer and utility before signing.