Heat Pump Cost in Madison, WI (2026)
A 3-ton heat pump, installed, before rebates
$7,450to$19,250
From a public baseline. How prices are made.
The low and the high are the spread of equipment and labor in the public baseline for a 3-ton heat pump in 2026.
Wisconsin Rebates in 2026
Enrollment for 2026 is open. Open: rebates and discounts are available on a first-come, first-served basis and subject to change without notice.
Focus on Energy pays $400 per unit on a ducted heat pump at 15.2 SEER2, 8.1 HSPF2, natural gas or all electric. After the rebate the typical price for a 3-ton heat pump is $12,950. Checked October 22, 2026. How to apply.
| Equipment | Minimum efficiency | Rebate |
|---|---|---|
| Tier 1 heat pump — standard | 15.2 SEER2; 8.1 HSPF2; natural gas or all electric | $400 per unit |
| Tier 1 heat pump — income-qualified | 15.2 SEER2; 8.1 HSPF2; natural gas or all electric | $600 per unit |
| Tier 1 heat pump — propane/other, standard | 15.2 SEER2; 8.1 HSPF2; propane/other heating fuel | $100 per unit |
| Tier 1 heat pump — propane/other, income-qualified | 15.2 SEER2; 8.1 HSPF2; propane/other heating fuel | $300 per unit |
| Tier 2 heat pump — standard | 15.2 SEER2; 8.5 HSPF2; natural gas or all electric | $500 per unit |
| Tier 2 heat pump — income-qualified | 15.2 SEER2; 8.5 HSPF2; natural gas or all electric | $700 per unit |
Every Program a Madison Homeowner Can Use
- Federal 25C credit gives no credit for a 2026 install. Ended.
- Instant Discounts pays up to $900 per unit. Open now.
- Geothermal Heat Pumps pays up to $1,000 per system. Status not posted.
- HEAR pays up to $8,000 per product category. Open now.
- Smart Thermostats pays up to $50 per thermostat. Open now.
What It Costs
All 7 systems, low to high
| System | Low | Typical | High | Range drawn |
|---|---|---|---|---|
| Heat pump, ducted | ||||
| 2-ton heat pump 15 SEER | $6,500 | $11,750 | $17,000 | |
| 3-ton heat pump 15 SEER | $7,450 | $13,350 | $19,250 | |
| 4-ton heat pump 15 SEER | $8,400 | $14,950 | $21,500 | |
| 5-ton heat pump 15 SEER | $9,400 | $16,550 | $23,700 | |
| Other systems | ||||
| Central AC only, 3 ton 16 SEER | $4,150 | $6,900 | $9,700 | |
| Gas furnace only, 80,000 BTU 95% AFUE | $3,750 | $4,050 | $4,800 | |
| Mini-split, one zone, 12,000 BTU 20 SEER | $4,500 | $7,500 | $10,500 | |
Sources today: public baseline: NREL National Residential Efficiency Measures Database, 2024 release (read via hvacbase.org, 2026-10-19). Two more sources join as they arrive: Verified contractor ranges and homeowner-reported quotes. 2023 dollars, national. No metro factor is applied in this version. This city publishes no machine-readable permit feed, so no permit facts print. How prices are made.
Common Questions
How much does a 3-ton heat pump cost installed in Madison?
The installed range is $7,450 to $19,250, with a typical price of $13,350. This is the national public baseline in 2023 dollars. After the rebate the typical price for a 3-ton heat pump is $12,950.
What does the Focus on Energy heat pump rebate pay in 2026?
$400 per unit at 15.2 SEER2, 8.1 HSPF2, natural gas or all electric, through Instant Discounts. Open: rebates and discounts are available on a first-come, first-served basis and subject to change without notice.
Is the federal heat pump tax credit still available?
The IRS allows the credit for property placed in service before December 31, 2025. A heat pump installed in 2026 gets no federal credit. The utility rebate is the money on the table in 2026.
What do the other systems cost in Madison?
A gas furnace runs $3,750 to $4,800, typical $4,050. A 3-ton central air conditioner runs $4,150 to $9,700, typical $6,900. A one-zone mini-split runs $4,500 to $10,500, typical $7,500. Each range is installed, before rebates.
What size and efficiency does the heat pump range assume?
The range is for the table row "3-ton heat pump" at 15 SEER. The table on this page lists 7 systems from low to high, each with its own size and efficiency.
Contractors in Madison
A Verified contractor is one that published its terms here.
Range quarter 2026-Q4, updated October 22, 2026. Last change: First pages: furnace, AC and heat pump ranges from the public baseline, and the state programs read from each provider. Changelog. Source page: https://hvacvisit.com/wisconsin/madison/heat-pump-cost. Cite a range with a link to the page it is on. Do not republish a page, a table or a dataset in full.