What sets the starting point
The equipment you pick sets the floor. After that, your house decides the price.
What adds to the job
Keeping a furnace that's in good shape saves the biggest line on the quote. A long line set run, a new pad or stand, condensate work and a second thermostat zone all add labor.
Electrical work swings the most. Most outdoor units need a 240 V circuit and a disconnect beside the unit. If your panel is full, or an all-electric setup adds backup heat strips, the panel can become part of the job.
Ductwork
Ducts sized for an old furnace often move enough air for a variable-speed heat pump. Sometimes the return is too small. If yours is, the fix should be on the quote before install day.
Get your price
Send photos of the furnace, the outdoor unit and both labels through the online estimate. For a breakdown by system, see heat pump installation cost on unicolorado.com.
Common questions
Can I start with photos?
Yes. Send phone photos of the furnace, the outdoor unit and their labels, or a quote you already have, and we'll reply with a price.
Are these prices before or after rebates?
Both. The large figure is what most Xcel gas customers in the Denver metro pay out of pocket after rebates, and the full price sits under it. Xcel lowered its heat pump bonus for Xcel gas customers on October 1, 2026, so check unicolorado.com for current amounts.