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How Much Should Your Heat Pump Really Cost?

We’ve seen it – and been through it – countless times. You want a heat pump, contact eight different contractors, half of them won’t install heat pumps, and the other half give you quotes that vary by thousands of dollars, likely without the rebates or incentives factored in that can substantially reduce the cost. It’s overwhelming, and leaves you feeling uncertain about what to do next.

We’re here to change that, and make transitioning to a climate-friendly home easy. That’s why we built a new tool: a free calculator that estimates the upfront and operating costs of installing a heat pump or heat pump water heater in minutes. It’s designed to take the guesswork out of the process, giving you clear, straightforward pricing to help you budget for electrifying your home and understand what to expect – no surprises, just transparency.

How It Works

Our calculator simplifies what would otherwise be a long, complicated process. Instead of asking you for tons of technical details, we ask you a few simple questions like your square footage, ductwork, and weather sealing and take over with our expertise in heat pumps from there.

How We Built It

We didn’t just guess at the numbers. Our team drew from the extensive database of heat pump installations we’ve completed in Colorado and Massachusetts over the last two years. We use real data from homes similar to yours – factoring in house size, heating needs, and even local temperature history to provide the most accurate estimate possible without talking to you first.

Let’s break it down:

  1. Sizing Your Home: We’ve built the calculator using our expertise in building science and system sizing. Your home is matched to one of our 800+ completed installs, with careful attention paid to square footage and heating needs.
  2. Energy Usage: We use a simplified home heating model to estimate how much energy is needed to keep your home comfortable at last year’s daily temperatures, and then to get accurate costs for energy usage. Our tool integrates with local weather data and adjusts based on specific conditions, like whether you’re at a higher elevation or experiencing extreme temperatures.
  3. Rebates and Incentives: The calculator also pulls in all available rebates and incentives for you – including tax credits and income-based incentives. We make sure to show you the maximum savings you may qualify for, taking the hassle out of finding these benefits yourself.
  4. Assumptions: While we’d love to give you an error-free quote down to the dollar without talking to you, technology isn’t quite there yet. The calculator was built on standard assumptions like your floor height, insulation quality, how many windows you have, and the efficiency rating of your existing furnace.

Let’s be real. Heat pumps aren’t cheap, and neither is your time. That’s why we built this calculator: to save you hours of research and back-and-forth with contractors, so you can have a general understanding of what home electrification should cost you.

Ready to start your home electrification journey?