These units are known as one-to-ones and are suitable for installation in a bedroom or family room. The Mitsubishi heat pump cost for a 6000 BTU system is approximately $7500, with prices increasing slightly for larger units. It's important to note that this type of heat pump installation does not qualify for a rebate. To be eligible for the NYS Clean Heat $10,000 rebate, you must complete a whole-house installation. The prices listed are based on averages from past projects, and while they serve as a good starting point for estimating heat pump installation costs, every situation is unique, and your final price may vary.
This is also a very typical install for this area. We remove your forced air furnace and replace it with a heat pump unit. These heat pump installation costs start at $5000 after rebates, but can range up to around $16000 for larger homes. Let's take this example and walk you through how the NYS Clean Heat rebate and loan work together. The system sells for $15,000, and your $10,000 rebate brings the selling price down to $5000. You can finance that $5000 with NYSERDA at 3.5%. We show up and complete your install without you having to pay us anything out of pocket. Then next month, in this example, a $45 monthly payment will appear on your NYSEG bill. In many cases, this charge is more than offset by your energy savings, making the Mitsubishi heat pump cost a worthwhile investment.
This is a very typical heat pump installation for this area, featuring one outdoor unit and five indoor heads. The heat pump installation costs around $25,000 after taking into account the NYS Clean Heat rebate. While there are many more options available beyond the examples listed here, these setups represent the most common Mitsubishi heat pump cost configurations.
This is our favorite mini-split option because we add a second outdoor unit, providing redundancy should one unit need servicing during cold weather. Additionally, it generally operates more efficiently, which can help offset the heat pump installation costs. This install typically runs about $28,000 after applying the NYS Clean Heat rebate, making the Mitsubishi heat pump cost more manageable.
