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Heat Pump Installation Cost Guide: Good, Better & Best Prices

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Most heat pump installations in Morris and nearby Grundy County towns cost $8,500 to $16,500. A heat pump heats and cools with one outdoor unit, so the price depends on the size of your home, how well the heat pump handles cold weather and whether you keep your furnace as backup heat.

Want a price for your own home? Our heat pump installation cost calculator shows good, better and best prices in about a minute.

Heat Pump Installation Cost: Good, Better & Best

Typical installed prices for an average size home with ductwork in good shape, including equipment, labor and startup.

OptionWhat you getTypical installed cost
GoodSingle-stage heat pump, 14.3+ SEER2$8,500 to $11,000
BetterTwo-stage heat pump, 15.2+ SEER2$11,000 to $13,500
BestCold-climate variable-speed heat pump, 17+ SEER2$13,500 to $16,500

What Each Heat Pump Option Includes

Good: Single-Stage Heat Pump

Heats and cools with one outdoor unit at the lowest upfront cost of the three. It loses capacity as the temperature drops, so it pairs best with an existing gas furnace as backup heat.

Better: Two-Stage Heat Pump

Runs on its low stage most of the year for steadier temperatures and better humidity control, with lower electric bills than single-stage. Two-stage models rated 15.2 SEER2 and 8.1 HSPF2 and up can qualify for a ComEd instant discount.

Best: Cold-Climate Variable-Speed Heat Pump

Keeps heating efficiently on single-digit days and adjusts its output in small steps for the most even comfort and the lowest electric use. Systems rated 17 SEER2 and 8.5 HSPF2 and up qualify for ComEd’s largest heat pump discounts.

What Changes The Price Of A New Heat Pump

  • Home size and capacity. A heat pump is sized to your home’s heating and cooling loads. An undersized heat pump leans on backup heat on cold nights.
  • Backup heat. Many Grundy County homes keep their gas furnace as backup heat, a setup called dual fuel. Others use electric heat strips in the air handler. The choice changes the price and the winter bills.
  • Cold-climate performance. Variable-speed cold-climate models cost the most and keep heating in deep cold without leaning on backup heat.
  • Ductwork. Leaky ducts waste heating and cooling alike. Sealing or repairs usually add $500 to $2,000.
  • Electrical. Some homes need an electrical upgrade for a heat pump and air handler.

Rebates & Financing

ComEd offers instant discounts of up to $2,000 in 2026 on qualifying heat pumps installed by a ComEd heat pump-trained contractor. The amount depends on the size and efficiency of the heat pump: systems rated 15.2 SEER2 and 8.1 HSPF2 and up qualify, and the largest discounts go to systems rated 17 SEER2 and 8.5 HSPF2 and up. The discount comes off the invoice, so there is no rebate form to mail in. Ask us which models qualify.

EZ Air also offers financing through Synchrony on new systems, with installment loans, interest promotions and fixed APR options, subject to credit approval.

Heat Pump Installation Cost In Morris, Minooka, Channahon & Nearby Towns

These prices apply across the towns we serve from our shop on Cemetery Road in Morris. Most homes in Minooka and Channahon heat with natural gas, so the most common heat pump setup we price there keeps the existing furnace as backup heat. See heat pump installation in Morris, heat pump installation in Minooka and heat pump installation in Channahon.

Which Heat Pump Option Is Right For Your Home?

  • Choose Good if you are keeping a gas furnace for backup heat and want the lowest upfront cost.
  • Choose Better if you want steadier comfort, lower bills and a heat pump that can qualify for a ComEd discount.
  • Choose Best if you want the heat pump to carry your home through most of the winter on its own.
See your own good, better and best prices with our heat pump installation cost calculator, then call EZ Air at (815) 942-2665 to book a free in-home estimate.

Questions We Get Asked About Heat Pump Installation Costs

How much does a heat pump cost in Morris, IL?

Most heat pump installations around Morris cost $8,500 to $16,500. A single-stage heat pump sits at the low end, a two-stage model in the middle and a cold-climate variable-speed heat pump at the top.

Will a heat pump keep my home warm in an Illinois winter?

A cold-climate variable-speed heat pump keeps heating efficiently on single-digit days. With a standard heat pump, most homes keep a gas furnace or electric heat strips as backup for the coldest nights.

Should I keep my gas furnace as backup heat?

If your furnace is in good shape, keeping it as backup heat is often the most efficient setup for our winters. The heat pump handles most days and the furnace takes over in deep cold.

Are there rebates on a new heat pump?

ComEd offers instant discounts of up to $2,000 in 2026 on qualifying heat pumps, depending on size and efficiency, when a ComEd heat pump-trained contractor installs the system.

Is the calculator price my final quote?

No. The calculator gives a planning range based on typical installations in Morris and nearby towns. We confirm your exact price in writing at a free in-home estimate before any work begins.

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