The answer to the price of a new heat pump is that it can vary significantly depending on several factors. Generally, the cost for a new heat pump system can range from around $3,000 to $10,000 or more, including installation. The exact price will depend on the size and efficiency of the unit, the complexity of the installation, and your local market conditions.
Factors that influence the cost of a new heat pump include the size of your home, the efficiency rating of the unit, the brand and model, the complexity of the installation, and whether you need to upgrade your electrical or ductwork. Higher-efficiency heat pumps and larger systems will typically cost more. Additionally, labor costs can vary based on your location and the availability of HVAC contractors in your area. It's essential to get multiple quotes from local HVAC professionals to understand the specific costs for your home and needs.