It can cost anywhere from a few hundred dollars to a few thousand dollars to replace a heat pump, depending on the size of the unit, the features desired, and the contractor you choose. Be sure to get estimates from at least three contractors before selecting one, and always ask for references. Also be sure to read reviews online to get an idea of what others have experienced with various contractors. Finally, make sure the contractor is licensed and insured.

Depending on the size of your home, a heat pump can cost anywhere from $2,000 to $8,000 to replace. Additional costs may include the price of having a professional install the new pump and repairing or replacing ductwork.