Heat Pump Installation Cost in Colorado

Across Colorado, homeowners pay $7,400 to $18,300 for heat pump installation. Climate, labor rates and housing age all move the price. In Colorado's cities, the median home dates to about 1986.

Heat Pump Installation Prices in Colorado Cities

City	Estimate	Heating / cooling degree days
Denver	$7,500 to $18,400	5,764 / 813
Colorado Springs	$6,800 to $16,800	5,888 / 607
Aurora	$6,900 to $17,000	5,836 / 675
Fort Collins	$7,200 to $17,700	5,797 / 624
Lakewood	$7,300 to $17,900	5,913 / 633

From 2020 through 2025, NOAA recorded 1,607 winter storm and ice events, 10 heat events, 289 extreme cold events and 2,460 hail reports in Colorado. Those are the days when emergency HVAC calls pile up.

When It Makes Sense

Your AC needs replacing, and you'd like cheaper heat at the same time
The house heats with electric baseboard, oil or propane
Energy bills are higher than you want them to be
There's no natural gas service on your street

What Moves the Price

Size in tons, and whether the unit is cold-climate rated
Variable-speed (inverter) or single-stage compressor
A ducted system or a ductless mini-split
Backup heat, either electric strips or a gas furnace (dual-fuel)
Electrical panel capacity and wiring

Common Questions

Do heat pumps work in cold weather?

Yes. Cold-climate heat pumps keep making heat well below 0°F. They lose efficiency as it gets colder, so many homes in cold regions keep backup heat.

How long does a heat pump last?

Usually 12 to 15 years. A heat pump runs year-round, so it needs maintenance twice a year rather than once.

Other HVAC Prices in Colorado

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