Tulsa, OK 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.
Tulsa, OK Heat Pump Load Calculator
Use our calculator below to estimate your home’s heating and cooling needs based on ACCA-standard design conditions for Tulsa, OK: 14°F for heating and 95°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.
Step 1 of 3
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)
Next
Step 2 of 3
Home attributes
- Amount of sunlight Low/Moderate/High
- Insulation Poor/Standard/Good/Excellent
- Number of Windows
- Window and Door Seals Poor fit & Seal/Typical fit & Seal/Good fit & Seal
Next
Step 3 of 3
Additional details
- Do you have a kitchen? Yes/No
- Do you have any glassed-in rooms? Yes/No
- Extra Device Wattage (W)
Calculate my Heating Needs
Estimated Heating Needs
Your home’s location falls within the 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 |
Heat Pump Financing in Tulsa
While Oklahoma is developing federal HERRA and HOME rebate programs through the Inflation Reduction Act, these programs are not yet active for homeowners in 2026. Federal tax credits for air-source heat pumps expired on December 31, 2025. However, Palmetto's Comfort Plan lease offers an alternative with $0 upfront cost and fixed monthly payments, allowing homeowners to access heat pump technology without waiting for rebate programs or managing tax credits.
Federal IRA Tax Credit
Up to 30% of cost
The Inflation Reduction Act provides a federal tax credit for qualifying geothermal heat pump installations through 2032. Note: Federal tax credits for air-source heat pumps expired December 31, 2025 and are not available in 2026.
Eligibility: Available to homeowners who purchase and install a qualifying geothermal heat pump system in their primary residence. Claimed on your annual federal tax return. Air-source heat pumps do not qualify in 2026.
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
Tulsa sits in IECC Climate Zone 8, which means cold winters that dip to around 14°F and hot summers that peak near 95°F. This mix of temperature extremes matters when sizing and selecting your heat pump—you need a system that can handle both efficiently. At Palmetto, we understand Tulsa's climate and can help you find the right equipment for your home.
Climate Zone 8
Mixed climate zone with cool winters and hot summers.
Climate Zone 8A
Avg. extreme winters: 10° to 15° F
Climate Zone 8B
Avg. extreme winters: 15° to 20° F
Tulsa Electricity Prices
Understanding electricity costs in Tulsa helps you make smarter decisions about home heating and cooling—especially as rates continue to climb.
Oklahoma electricity rates have risen from 11.0 cents per kWh in 2021 to 12.2 cents in 2024. While still below the national average, that's an 11% increase in just three years.
Heat pumps offer a practical solution to rising energy costs. Because they're 2-3 times more efficient than traditional HVAC systems, they use significantly less electricity to deliver the same heating and cooling comfort.
Price of Energy: Oklahoma vs National Average
| Year | Oklahoma Rate (¢) | US Average Rate (¢) |
|---|---|---|
| 2021 | 11.0 | 13.7 |
| 2022 | 12.4 | 15.0 |
| 2023 | 12.1 | 16.0 |
| 2024 | 12.2 | 16.5 |
Tulsa Area Utility Providers
Understanding your electricity costs helps you make smarter energy decisions. In Tulsa, Public Service Company of Oklahoma (PSO) serves most residents. According to 2023 data, PSO's average rate was 13.8¢ per kWh.
PSO's rates sit comfortably below the 2023 national average of 16.0¢ per kWh, though slightly above Oklahoma's state average of 12.10¢ per kWh.
Tulsa Utilities Electricity Rates
| Provider | Rate (¢) |
|---|---|
| PSO | 13.80¢ |
| OK Average | 12.10¢ |
| 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
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
Everything about my experience was excellent. My new HVAC system was installed the next day; the process took less time than expected; the technicians were friendly, polite, and professional; and my home has been a comfortable temperature since with zero issues.
Palmetto Customer - MD
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.
Potential repair
| Repair Type | 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. |
| 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. |
Frequently Asked Questions
Do heat pumps make sense in Tulsa?
Yes, heat pumps make excellent sense in Tulsa. The city's Climate Zone 8 conditions—with winter lows around 14°F and summer highs near 95°F—are ideal for modern heat pumps, which efficiently handle both heating and cooling.
How efficient are heat pumps in Tulsa's climate?
Heat pumps are highly efficient in Tulsa's climate, which falls in Climate Zone 8 with winter temperatures rarely dropping below 14°F.
Should I lease or buy a heat pump in Tulsa?
The choice between leasing and buying a heat pump in Tulsa depends on your financial priorities and homeownership plans.
How much does a heat pump cost in Tulsa?
Heat pump costs in Tulsa typically range from $5,000 to $15,000 for a complete installation.
Is a heat pump worth it financially?
Yes, heat pumps are typically worth it financially in Tulsa. Modern heat pumps can reduce heating and cooling costs by 30-50% compared to traditional systems.
Who installs heat pumps in Tulsa?
In Tulsa, heat pumps are installed by licensed HVAC contractors who specialize in heating and cooling systems.
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 a specific type of HVAC system that both heats and cools your home by transferring heat rather than generating it, making it more energy-efficient than traditional furnaces and air conditioners.