News · May 15, 2026

Heat Pump Installs Hit Record Highs in 2026

For the third straight year, heat pump shipments are outpacing gas furnaces in the US. IRA rebates of up to $8,000 are driving homeowner demand — here's how HVAC contractors are capitalizing.

Top cold-climate heat pumps to install

IRA HEEHRA rebates

Up to $8,000 per heat pump install for qualifying households, plus $4,000 for electric panel upgrades. Check eligibility at the DOE.

Typical install pricing

Whole-home ducted heat pump: $14,000-$22,000. Ductless mini-split (3-zone): $9,000-$14,000.

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