Frankfort, KY Heat Pump Leasing & Installation
Benefits of Palmetto Heat Pumps
Say goodbye to clunky old systems and surprise repairs. Palmetto Comfort Plan gives you a brand-new heat pump, installation, and full support, all wrapped into one subscription.
Year Round Comfort
A high-efficiency heat pump keeps your home cool in summer, warm in winter, and your energy use in check all year long.
Forget the maintenance
With a Comfort Plan subscription, installation and maintenance are fully covered, no surprise bills, no weekend DIY.
Rewards for renewing
Stick with us and earn credits toward your next system upgrade. It’s our way of saying thanks for building a cleaner, comfier future with us.
Frankfort, KY Heat Pump Load Calculator
Our calculator below estimates your home’s heating and cooling needs using ACCA-standard design conditions for Frankfort, KY: 5°F for heating and 92°F for cooling, with a 72°F indoor target. For a precise Manual J load calculation and personalized quote, connect with Palmetto’s team. Get in touch with our team for an official quote.
Home location & size
Your home’s location and size directly impact heating needs.
- ZIP Code
- Number of residents
- Home Square Footage (sq ft)
- Home Ceiling Height (ft)
Home attributes
- Amount of sunlight: Low, Moderate, High
- Insulation: Poor Insulation, Standard Insulation, Good Insulation, Excellent Insulation
- Number of Windows
- Window and Door Seals: Poor fit & Seal, Typical fit & Seal, Good fit & Seal
Additional details
- Do you have a kitchen? Yes/No
- Do you have any glassed-in rooms? Yes/No
- Extra Device Wattage (W)
Estimated Heating Needs
Your home’s location falls within a climate zone with the average extreme winter falling between 10° – 15° F.
Home Details
Recommended equipment capacity
- 60,000 BTU
- 5 Tons
Calculated Cooling Mode
- 102,000 BTU
- 8.5 Tons
Buy it or finance it. Your comfort, your call
There's no wrong way to get cozy. Here's how the options stack up, so you can choose what works best for you.
| Comfort Plan | Cash | Loan | |
|---|---|---|---|
| Payment schedule | $0 upfront, then monthly subscription | Full price upfront | $0 upfront, then monthly payment |
| Term length | 10 or 12 years | None | Variable |
| End of term options | Flexible with 25% renewal term credits to new system | No credits to new system | No credits to new system |
| Maintenance included | Yes | No | No |
| Eligible for incentives | Yes | No | No |
Local Incentives
Heat Pump Financing in Frankfort
While Kentucky's state Home Energy Rebates Program is not yet available in 2026, Frankfort homeowners can take advantage of the federal Inflation Reduction Act tax credit of up to $2,000 for qualifying heat pump installations. Palmetto's Comfort Plan lease offers an alternative path to heat pump installation with $0 upfront cost, allowing homeowners to benefit from energy savings without the burden of equipment costs.
Federal IRA Tax Credit
Up to $2,000
The Inflation Reduction Act provides a federal tax credit of up to $2,000 for qualifying heat pump installations through 2032.
Eligibility: Available to homeowners who purchase and install a qualifying heat pump system. Claimed on your annual federal tax return.
Palmetto Comfort Plan: $0 Upfront Heat Pump Leasing
Even without local rebates, Palmetto's Comfort Plan makes upgrading easy. You get a high-efficiency heat pump installed with $0 upfront cost, predictable monthly payments, and all maintenance and repairs included for the life of the plan.
Climate Zones
Frankfort sits in IECC Climate Zone 7, which means cold winters that can drop to 5°F and warm summers reaching 92°F. This temperature range is crucial for selecting a heat pump that can handle both heating and cooling demands efficiently. At Palmetto, we understand Frankfort's climate and can help you find the right system for your home.
Climate Zone 7
Mixed climate zone with moderate winters and warm summers.
Climate Zone 7A
Avg. extreme winters: 0° to 5° F
Climate Zone 7B
Avg. extreme winters: 5° to 10° F
Frankfort Electricity Prices
Understanding electricity costs in Frankfort helps you make smarter decisions about home heating and cooling that protect your budget for years to come.
Kentucky's electricity rates have climbed from 11.5 cents per kWh in 2021 to 13.0 cents in 2024—a 13% increase. While still below the national average, this upward trend affects every homeowner's monthly bills.
Heat pumps offer a practical response to rising electricity costs. Because they're 2-3 times more efficient than traditional HVAC systems, they use significantly less electricity to deliver the same amount of heating and cooling for your home.
Price of Energy: Kentucky vs National Average
| Year | Kentucky | US Average |
|---|---|---|
| 2021 | 11.5¢ | 16.0¢ |
| 2022 | 12.9¢ | 16.5¢ |
| 2023 | 13.0¢ | 16.0¢ |
| 2024 | 13.7¢ | - |
Frankfort Area Utility Providers
Frankfort residents benefit from below-average electricity rates. Kentucky Utilities serves the area, charging 12.0¢ per kWh in 2023—well below the national average of 16.0¢ and Kentucky's state average of 12.70¢.
Kentucky's lower electricity costs stem from its reliance on coal-fired power plants and abundant local energy resources, which reduce transmission expenses. This pricing advantage has historically made electricity an affordable energy source for Frankfort homeowners.
Frankfort Utilities Electricity Rates
- Kentucky Utilities: 12.00¢
- KY Average: 12.70¢
- US Average: 16.0¢
Palmetto Reviews
The overall process was very easy. The specific payment plan offered was a tremendous help when I needed to resolve my AC problem. I would recommend for convenience and service.
- Palmetto Customer, VA
- We have already told friends about how well we were treated during our new HVAC purchase and installation. Your service met our needs and everything was done easily and promptly.
- Palmetto Customer, SC
- Long term lease plans aren’t for everyone! But for my specific situation it made sense. For some it may not! But my experience has been great overall 🙂
- Palmetto Customer, IL
Ready to start saving with a heat pump?
Speak with a Palmetto heating & cooling expert to find out exactly how much you can save.
Let our smart tools do the heavy lifting.
Get personalized tips, usage insights, project tracking, and that daily satisfaction of making your energy work smarter with the Palmetto mobile app.
- Rewards for smarter energy usage
- Energy insights & Dashboard
- Personalized Savings Tools
- Whole Home Energy Management
- Support Whenever You Need It
Repair versus replace
When a heat pump is in need of repair it is worth considering whether a replacement would be a better investment. While each case is unique, we generally recommend investing in a new unit when repairs exceed $5,000.
Recommended repair threshold
- $5,000
A heat pump's lifetime is impacted by a number of factors including environment, use and the quality of the unit. It's important to choose the right unit for your climate zone and home's unique attributes.
| Potential repair | Cost range | Description |
|---|---|---|
| Capacitor Replacement | $150 - $400 | Common issue when unit struggles to start or makes a humming noise. |
| Refrigerant Recharge | $250 - $750 | Needed when the system loses cooling or heating efficiency due to low refrigerant levels. |
| Reversing Valve Replacement | $450 - $900 | Required when the unit cannot switch between heating and cooling modes. |
| Compressor Replacement | $1,500 - $3,000 | Major repair needed when the unit fails to heat or cool entirely. |
| Evaporator/Condenser Coil Replacement | $1,200 - $2,800 | Replacement needed when coils develop leaks or corrosion that cannot be economically repaired. |
| Control Board Replacement | $500 - $1,200 | Required when the system has electrical failures or erratic behavior. |
| Full System Replacement | $4,500 - $8,000+ | When repairs exceed the value of the unit or multiple major components fail simultaneously. |
Ready to start saving with a heat pump?
Speak with a Palmetto heating & cooling expert to find out exactly how much you can save.
Frequently Asked Questions
Do heat pumps make sense in Frankfort?
Yes, heat pumps make excellent sense in Frankfort. The city's Climate Zone 7 conditions—with winter design temperatures around 5°F and summers reaching 92°F—are well-suited for modern heat pumps, which efficiently handle both heating and cooling.
How efficient are heat pumps in Frankfort's climate?
Heat pumps perform very efficiently in Frankfort's climate, which falls in Climate Zone 7.
Should I lease or buy a heat pump in Frankfort?
The choice between leasing and buying a heat pump in Frankfort depends on your financial situation and preferences.
How much does a heat pump cost in Frankfort?
Heat pump costs in Frankfort typically range from $5,000 to $15,000 for a complete installation, depending on your home's size, existing ductwork, and the system's efficiency rating.
Is a heat pump worth it financially?
Yes, heat pumps are typically worth it financially in Frankfort, where Kentucky's moderate climate allows them to operate efficiently year-round.
Who installs heat pumps in Frankfort?
In Frankfort, KY, heat pumps are installed by licensed HVAC contractors who specialize in heating and cooling systems suitable for Climate Zone 7.
What is the difference between a heat pump and HVAC?
HVAC is an umbrella term that stands for Heating, Ventilation, and Air Conditioning—it describes any system that controls your home's temperature and air quality. A heat pump is actually a specific type of HVAC system that both heats and cools your home by transferring heat rather than generating it.