Heat pump installation costs in Connecticut typically range from $8,500 to $20,000, with most Greenwich homeowners paying around $10,000 for a complete system. The final cost depends on your home’s size, existing ductwork, and system efficiency ratings.
Several factors can reduce your upfront costs significantly. Connecticut offers rebates through Energize CT programs, and federal tax credits provide up to $2,000 back. Zero or low-interest financing through Connecticut Green Bank helps spread costs over time.
When you factor in energy savings over the system’s 15-20 year lifespan, most homeowners save $5,000 to $15,000 compared to traditional heating systems. The investment pays for itself through lower monthly utility bills.