Up to $20,000 in rebates from 8 programs. 25 licensed installers based in Panama City Beach.
A typical ducted air-source heat pump, whole home (~3 ton, ~2,000 sq ft) costs $20,000 installed. Most jobs land between $14,000 and $28,000 (variable-speed ducted heat pump outdoor unit and air handler sized ~3 tons, line set, refrigerant, thermostat, condensate, electrical circuit, removal of old equipment, permit, commissioning, using existing usable ductwork. excludes new/replacement ductwork (+~$4,500 average, nescaum) and panel/service upgrade (see panel_upgrade_200a). typical = northeast program invoice data of ~$6,600-$6,900/ton x 3 tons.). With the biggest rebate on offer here ($20,000), a typical job could cost you as little as $0.
Cost sources: MA EEAC / NMR - 2024/2025 Residential Heat Pump Pricing Study (MA25X05-BR-RHPINV2), ducted ~ $6,912/ton (Aug 2025$); CT DEEP - CTAC Q&A tracker (average ASHP cost ~ $6,600/ton, 2024 CT installs); NESCAUM/OTC - Heat Pumps in the Northeast and Mid-Atlantic: Costs and Market Trends (ASHP total install $12,000-$23,000). Rebates come with conditions (equipment, income, approved contractor), so check each program.
Max rebate amounts: Single-family: 20%-34% savings, <80% AMI: $16,000 (100% of qualified project cost); 80% AMI and greater: $2,000 (50%); 35%+ savings, <80% AMI: $20,000 (100%); 80% AMI and greater: $4,000 (50%)....
up to $8,000 for a heat pump for space heating/cooling, up to $1,750 for a heat pump water heater, up to $14,000 per household in total
The difference between the quoted cost of standard-efficiency and qualifying higher-efficiency HVAC equipment, not to exceed $1,000. Paid to the landlord (or as an itemized discount on the contractor's invoice).
Up to $1,000. Replacing strip (electric resistance) heat with a heat pump: $600 at 15.2 SEER2 / 7.5 HSPF2, or $1,000 at 16 SEER2 / 7.5 HSPF2. Replacing an existing heat pump: $500 (15.2 SEER2 minimum). A/C-only upgrade: $300.
$500 for a 50-gallon or $800 for an 80-gallon ENERGY STAR heat pump (hybrid) water heater with UEF 3.3 or higher (effective 2025-05-07).
Up to $600 for HVAC replacement in multifamily units and manufactured homes.
$200 per qualifying central air conditioner or heat pump unit, applied as an instant discount on the FPL Participating Independent Contractor's invoice
Not a rebate: Duke applies its incentives, then the remaining cost of HVAC (with duct sealing), mini-split (with duct sealing) or heat pump water heater upgrades is repaid on the bill over a fixed 10-year term; no...