Plano, TX 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.
Plano, TX Heat Pump Load Calculator
Our calculator estimates your home’s heating and cooling needs using ACCA-standard design conditions for Plano, TX: 72°F indoor, 95°F outdoor cooling, and 33°F heating temperatures.
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 Insulation, Standard Insulation, Good Insulation, Excellent Insulation
- 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 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 |
Plano, TX Heat Pump Rebates & Incentives
Local and federal incentive programs can significantly reduce the cost of a new heat pump system.
Oncor Heat Pump Rebate
Up to $600
Oncor Electric Delivery offers rebates for qualifying high-efficiency heat pump installations in North Texas, including Plano. Eligibility: Homeowners in Oncor service area (includes Plano) installing qualifying heat pumps that meet current SEER2, EER2, and HSPF2 standards. Must install a smart thermostat (US DOE-listed) to qualify. Available February through November 2026.
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.
Climate Zones
Plano sits in IECC Climate Zone 10, which means mild winters with average extreme temperatures around 33°F and hot summers peaking near 95°F.
Climate Zone 10
Warm climate zone with mild winters and very hot summers.
Climate Zone 10A
- Avg. extreme winters: 30° to 35° F
Climate Zone 10B
- Avg. extreme winters: 35° to 40° F
Plano Electricity Prices
Understanding electricity costs in Plano helps you make smarter decisions about home comfort systems that will save you money for years to come.
Texas electricity rates have climbed steadily from 12.1 cents per kWh in 2021 to 14.9 cents in 2024—a 23% increase in just three years that directly impacts your monthly utility bills.
Heat pumps offer a practical solution 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 heating and cooling comfort.
As electricity rates continue to rise, that efficiency gap becomes increasingly valuable.
Price of Energy: Texas vs National Average
| Year | Texas | US Average |
|---|---|---|
| 2021 | 12.1¢ | 13.7¢ |
| 2022 | 15.0¢ | 13.8¢ |
| 2023 | 14.5¢ | 16.0¢ |
| 2024 | 14.9¢ | - |
Plano Area Utility Providers
Plano residents primarily receive electricity through Denton County Electric Cooperative. According to 2023 data, their average rate was 12.8¢ per kWh—noticeably lower than both the Texas average of 14.50¢ and the national average of 16.0¢.
Lower electricity rates make energy-efficient upgrades even more cost-effective. Heat pumps use significantly less energy than traditional heating and cooling systems, so Plano's already-competitive rates can translate into substantial savings while keeping your home comfortable year-round.
Plano Utilities Electricity Rates
- Denton County Electric Cooperative: 12.80¢
- TX Average: 14.50¢
- US Average: 16.0¢
Palmetto Reviews
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.
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.
Potential Repair Costs
| 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. |
| Control Board Replacement | $500 - $1,200 | Required with electrical failures or erratic behavior. |
| Full System Replacement | $4,500 - $8,000+ | When repairs exceed the value of the unit. |
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 Plano? Yes, heat pumps make excellent sense in Plano.
How efficient are heat pumps in Plano's climate? Heat pumps are highly efficient in Plano's climate.
Should I lease or buy a heat pump in Plano? The choice depends on your financial situation and preferences.
How much does a heat pump cost in Plano? Costs typically range from $5,000 to $15,000.
Is a heat pump worth it financially? Yes, heat pumps are typically worth it financially in Plano.
Who installs heat pumps in Plano? Licensed HVAC contractors specialize in heating and cooling systems.
What is the difference between a heat pump and HVAC? HVAC describes any system that controls your home's temperature; a heat pump is a specific type that heats and cools by transferring heat.