Nathan Healy
Certified by Nathan Healy
Updated: February 2026
Quality home solutions since 2011
Palmetto serves thousands of customers across 25 states with an over 85% approval rating

01

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

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

Forget the maintenance

With a Comfort Plan subscription, installation and maintenance are fully covered, no surprise bills, no weekend DIY.

Rewards for renewing

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.

02

Fort Myers, FL Heat Pump Load Calculator

Use our calculator below to estimate your home’s heating and cooling needs based on Fort Myers’ ACCA-standard design conditions: 72°F indoor, 95°F outdoor for cooling, and 33°F for heating. 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.

Step 2 of 3

Home attributes

Step 3 of 3

Additional details

Description of what this means for context.

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

Get Started

Recommended equipment capacity

60,000 BTU

5 Tons

Calculated Cooling Mode

102,000 BTU

8.5 Tons

03

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.

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
Eligible for incentives
Payment schedule $0 upfront, then monthly subscription
Term length 10 or 12 years
End of term options Flexible with 25% renewal term credits to new system
Maintenance included
Eligible for incentives

Cash

Payment schedule Full price upfront
Term length None
End of term options No credits to new system
Maintenance included
Eligible for incentives

Loan

Payment schedule $0 upfront, then monthly payment
Term length Variable
End of term options No credits to new system
Maintenance included
Eligible for incentives

Local Incentives

Heat Pump Financing in Fort Myers

While Florida's state-level HOMES and HEAR rebate programs have not yet launched as of 2026, homeowners in Fort Myers 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 energy-efficient heating and cooling with $0 upfront cost, allowing you to benefit from modern heat pump technology without the burden of equipment ownership or installation 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.

Learn more →

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.

Incentive information is based on publicly available data as of 2026 and may change. Contact program administrators to verify current availability and eligibility requirements.

04

Climate Zones

Fort Myers sits in IECC Climate Zone 10, where winters are mild (design heating around 33°F) and summers are hot and humid (design cooling around 95°F). This means your heat pump will work overtime cooling your home most of the year, with minimal heating demand. Understanding your zone helps us recommend a system sized and selected for Fort Myers's unique climate. Explore other zones below or enter your ZIP code to confirm yours.

US Climate Zone Map
Your location

Climate Zone 1

Climate zone 1 is not typically seen within the United States outside of Alaska. It represents the coldest climates on the planet.

Climate Zone 1A

Avg. extreme winters: -60° to -55° F

Climate Zone 1B

Avg. extreme winters: -55° to -50° F

05

Fort Myers Electricity Prices

Understanding Fort Myers electricity costs is essential when planning your home's heating and cooling strategy—especially as rates continue to fluctuate.

Florida electricity rates jumped from 11.9 cents per kWh in 2021 to 15.2 cents in 2023—a 28% increase in just two years. While rates dipped slightly to 14.1 cents in 2024, the upward trend means Fort Myers homeowners are paying more to stay comfortable.

Heat pumps offer a practical response to rising electricity costs. Because they're 2-3x more efficient than traditional HVAC systems, they use significantly less electricity to deliver the same heating and cooling—meaning lower bills even when rates increase.

As electricity costs fluctuate over time, efficiency becomes your best hedge against unpredictable utility bills. A heat pump's superior efficiency means you're better positioned to manage energy expenses for years to come, regardless of where rates head next.

Price of Energy: Florida vs National Average

10¢
20¢
30¢
13.7¢
11.9¢
15.0¢
13.9¢
16.0¢
15.2¢
16.5¢
14.1¢
2021
2022
2023
2024
US Average
Florida

Fort Myers Area Utility Providers

Fort Myers residents are served by two main utility providers: Florida Power & Light (FPL) at 15.0¢ per kWh and Lee County Electric Cooperative (LCEC) at 14.5¢ per kWh, based on 2023 data.

Both providers charge less than the 2023 national average of 16.0¢ per kWh, though rates are close to Florida's state average of 15.20¢. These competitive rates reflect Florida's diverse energy mix and regulatory environment.

With below-average electricity costs, Fort Myers is well-suited for heat pumps. Their high efficiency means lower energy consumption compared to traditional HVAC systems, translating your reasonable rates into even greater savings on monthly bills.

Fort Myers Utilities Electricity Rates

FPL
15.00¢
-6%
LCEC
14.50¢
-9%
FL Average
15.20¢
-5%
US Average
16.0¢
06

Palmetto Reviews

Ready to start saving with a heat pump?

Speak with a Palmetto heating & cooling expert to find out exactly how much you can save.

Get a Free Quote
Palmetto mobile app
07

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
Download the App
08

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.

$5,000
Recommended repair threshold

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.

When you are in need of repair, we recommend choosing a service provider that is an expert in the heat pump brand you have installed, and checking online reviews to ensure you are investing in the right level of service.

Potential repair Cost range Description
Capacitor Replacement $150 - $400 Common issue when unit struggles to start or makes a humming noise. Capacitors store the electrical energy needed to start the compressor and fan motors.
Refrigerant Recharge $250 - $750 Needed when the system loses cooling or heating efficiency due to low refrigerant levels. Includes leak detection, repair of minor leaks, and recharging the system to the manufacturer-specified level.
Reversing Valve Replacement $450 - $900 Required when the unit cannot switch between heating and cooling modes. The reversing valve directs refrigerant flow and is unique to heat pump systems.
Compressor Replacement $1,500 - $3,000 Major repair needed when the unit fails to heat or cool entirely. The compressor is the heart of the system, circulating refrigerant between the indoor and outdoor coils.
Evaporator/Condenser Coil Replacement $1,200 - $2,800 Replacement needed when coils develop leaks or corrosion that cannot be economically repaired. Coil damage reduces heat transfer efficiency and can cause refrigerant loss.
Control Board Replacement $500 - $1,200 Required when the system has electrical failures or erratic behavior. The control board manages all system operations including defrost cycles, fan speeds, and compressor staging.
Full System Replacement $4,500 - $8,000+ When repairs exceed the value of the unit or multiple major components fail simultaneously. Includes removal of the old system and installation of a new heat pump with updated refrigerant lines and electrical connections.

Ready to start saving with a heat pump?

Speak with a Palmetto heating & cooling expert to find out exactly how much you can save.

Get a Free Quote
09

Frequently Asked Questions

Yes, heat pumps make excellent sense in Fort Myers. With a Climate Zone 10 designation where temperatures rarely drop below 33°F, heat pumps operate at peak efficiency year-round, providing both cooling during hot summers (up to 95°F) and efficient heating during mild winters. This means lower energy bills compared to traditional systems, especially with Florida's electricity rate of 14.2¢ per kWh.

Fort Myers homeowners have flexible options to get started. Palmetto's Comfort Plan offers $0 upfront with all maintenance included, while direct purchase may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Either way, heat pumps deliver consistent comfort while reducing energy consumption in Southwest Florida's subtropical climate.

Heat pumps are exceptionally efficient in Fort Myers's Climate Zone 10, where mild winters (design heating temperature of 33°F) and warm summers create ideal operating conditions. Modern heat pumps can deliver 2-4 times more heating or cooling energy than the electricity they consume, which translates to significant savings on your energy bills at Florida's current rate of 14.2¢ per kWh.

Fort Myers's climate means your heat pump rarely experiences the extreme cold that reduces efficiency in northern regions, allowing it to maintain peak performance year-round. Whether you choose Palmetto's Comfort Plan with zero upfront costs and included maintenance, or direct purchase to access federal tax credits up to $2,000, you'll benefit from lower operating costs compared to traditional HVAC systems in Southwest Florida's subtropical climate.

The decision between leasing and buying a heat pump in Fort Myers depends on your financial priorities and homeownership plans. Buying means paying upfront but owning the equipment outright, plus you may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Leasing through Palmetto's Comfort Plan requires $0 upfront and includes all maintenance and repairs in your monthly payment.

For Fort Myers homeowners, leasing can be particularly valuable given Florida's year-round cooling demands in Climate Zone 10. With electricity at 14.2¢ per kWh, a well-maintained heat pump is essential for managing energy costs. The Comfort Plan removes maintenance worries, while purchasing gives you full ownership and immediate tax benefits. Consider your budget, how long you'll stay in your home, and whether you prefer predictable monthly costs or upfront savings.

Heat pump installation costs in Fort Myers typically range from $5,000 to $15,000 for a complete system, depending on your home's size, existing ductwork, and equipment efficiency. Fort Myers' Climate Zone 10 conditions—with mild winters and hot summers—make heat pumps particularly cost-effective, as they'll primarily cool your home efficiently while using Florida's 14.2¢ per kWh electricity rate.

Palmetto offers two flexible options to fit your budget: a Comfort Plan with $0 upfront cost and predictable monthly payments that include all maintenance and repairs, or direct purchase where you own the equipment outright and may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act plus local rebates. Both options ensure you get reliable cooling and heating without the financial stress of unexpected repair costs.

In Fort Myers, heat pumps are typically worth it financially due to year-round efficiency and lower operating costs. With Florida's electricity rate at 14.2¢ per kWh and our mild winters (rarely dropping below 33°F), heat pumps use significantly less energy than traditional heating and cooling systems, often reducing monthly utility bills by 30-50%.

Palmetto makes heat pumps accessible through two options: a Comfort Plan with $0 upfront and maintenance included, or direct purchase with potential federal tax credits up to $2,000. Most Fort Myers homeowners see the investment pay for itself within 5-10 years through energy savings, while enjoying consistent comfort in our hot, humid climate.

Heat pumps in Fort Myers are installed by licensed HVAC contractors who are certified to work with modern heat pump systems. Companies like Palmetto provide professional installation services, handling everything from initial assessment to final setup, ensuring your system is properly sized for Fort Myers' Climate Zone 10 conditions where cooling demands reach 95°F.

Palmetto offers Fort Myers homeowners two installation options: a Comfort Plan with $0 upfront cost and all maintenance included, or direct purchase where you own the equipment outright and may qualify for up to $2,000 in federal tax credits. Both options include expert installation by trained technicians who understand Florida's unique climate requirements and local building codes.

HVAC is an umbrella term that stands for Heating, Ventilation, and Air Conditioning—it describes any system that controls your home's climate. 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, making it highly efficient in Fort Myers' mild winters and hot summers.

Unlike traditional HVAC systems that use separate furnaces and air conditioners, a heat pump handles both jobs in one unit. This is particularly advantageous in Climate Zone 10 like Fort Myers, where winter temperatures rarely drop below 33°F. With electricity at 14.2¢ per kWh in Florida, heat pumps can significantly reduce energy costs compared to conventional heating and cooling systems.