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

Venice, FL Heat Pump Load Calculator

Use our calculator below to estimate your home’s heating and cooling needs based on square footage. It’s calibrated to ACCA-standard design conditions for Venice, FL: 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

Venice, FL Heat Pump Rebates & Incentives

Local and federal incentive programs can significantly reduce the cost of a new heat pump system. Here are the programs available to Venice homeowners.

FPL Air Conditioning Rebate

$200

Florida Power and Light offers a $200 rebate for purchasing and installing a new energy-efficient air conditioning system. Available to FPL residential customers in the Venice area.

Eligibility: Must be an FPL residential customer. System must meet FPL energy efficiency requirements. Rebate is applied at point of purchase through participating contractors.

Learn more →

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 →

Venice, FL homeowners have access to a $200 rebate from Florida Power and Light (FPL) for energy-efficient air conditioning and heat pump installations, plus the federal IRA tax credit of up to $2,000. While Florida's state-level HOMES and HEAR rebate programs are still in development, Palmetto can help you maximize available incentives and explore financing options like our Comfort Plan lease, which offers $0 upfront cost for heat pump installation.

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

Venice sits in IECC Climate Zone 10, where winters are mild with design temperatures around 33°F and summers are hot and humid, reaching 95°F. This means your heat pump will work harder cooling than heating—and sizing it correctly for Venice's long cooling season is essential for comfort and efficiency. At Palmetto, we understand exactly what works in this 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

Venice Electricity Prices

Understanding electricity costs in Venice helps you make smarter decisions about your home's heating and cooling systems.

Florida electricity rates have climbed significantly in recent years, jumping from 11.9 cents per kWh in 2021 to 14.1 cents in 2024—a 18% increase that directly impacts your monthly energy bills.

Heat pumps offer a practical solution to rising electricity costs. Because they're 2-3x more efficient than traditional HVAC systems, they use significantly less electricity to deliver the same amount of heating and cooling for your Venice home.

As electricity rates continue fluctuating, the efficiency advantage of heat pumps becomes increasingly valuable. Over the years, using less energy per degree of comfort means more money stays in your pocket, regardless of rate changes.

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

Venice Area Utility Providers

Venice residents receive electricity primarily from two providers: Duke Energy and Florida Power & Light (FPL). According to 2023 data, Duke Energy averaged 18.1¢ per kWh, while FPL averaged 15.0¢ per kWh.

Duke Energy's rates sit above both the national average of 16.0¢ and Florida's state average of 15.2¢, while FPL's rates fall slightly below both benchmarks. These differences reflect each utility's infrastructure investments, fuel sources, and service territory characteristics.

Understanding your electricity rates matters when considering heating and cooling upgrades. Heat pumps use electricity efficiently—typically moving three units of heat for every unit of energy consumed—which can lower your total energy spending even in higher-rate areas.

Venice Utilities Electricity Rates

Duke Energy
18.10¢
+13%
FPL
15.00¢
-6%
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

Heat pumps are an excellent choice for Venice, where Climate Zone 10 conditions mean mild winters (design temp: 33°F) and warm summers (design temp: 95°F). This climate allows heat pumps to operate efficiently year-round, providing both heating and cooling while using significantly less energy than traditional systems—an important consideration with Florida's electricity rates at 14.2¢ per kWh.

Venice homeowners can access heat pump technology through Palmetto's Comfort Plan with $0 upfront and included maintenance, or through direct purchase to qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Either option helps you reduce energy costs while maintaining comfortable temperatures throughout the year in Venice's subtropical climate.

Heat pumps are highly efficient in Venice's climate, which sits in Climate Zone 10 with mild winters (design heating temp: 33°F) and warm summers (design cooling temp: 95°F). Modern heat pumps can deliver 2-4 times more heating or cooling energy than the electricity they consume, making them especially cost-effective in Florida's moderate climate where extreme cold rarely impacts performance.

With electricity at 14.2¢ per kWh in Florida, heat pumps typically cost less to operate than traditional HVAC systems year-round. Venice homeowners can access this efficiency through Palmetto's Comfort Plan with $0 upfront and maintenance included, or through direct purchase to qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act.

The choice between leasing and buying a heat pump in Venice depends on your financial priorities and preferences. Palmetto's Comfort Plan offers $0 upfront with predictable monthly payments and all maintenance included, making it ideal if you want immediate comfort without a large investment. Direct purchase means 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.

Venice's mild winters and warm summers in Climate Zone 10 mean your heat pump will run frequently, especially for cooling. With Florida electricity at 14.2¢ per kWh, both options deliver energy-efficient comfort—leasing removes maintenance concerns while buying maximizes long-term savings through incentives and ownership. Consider your budget, how long you plan to stay in your home, and whether you prefer predictable monthly costs or upfront investment with potential tax benefits.

Heat pump costs in Venice 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. Venice's Climate Zone 10 conditions—with mild 33°F winter lows and 95°F summer highs—mean you'll need a system sized appropriately for year-round comfort in Florida's subtropical climate.

Palmetto offers two payment options to fit your budget: a Comfort Plan with $0 upfront 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. Both options help you reduce energy costs compared to traditional HVAC systems, especially valuable with Florida's current 14.2¢ per kWh electricity rates.

Yes, heat pumps are typically worth it financially, especially in Venice's mild climate. Heat pumps can reduce cooling and heating costs by 30-50% compared to traditional systems, and with Florida's electricity rate at 14.2¢ per kWh, most homeowners see meaningful savings on their monthly energy bills within the first few years.

Palmetto makes heat pumps even more accessible with two options: a Comfort Plan with $0 upfront and predictable monthly payments including all maintenance, or direct purchase where you may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Either path helps you start saving while improving home comfort year-round.

Heat pumps in Venice are installed by licensed HVAC contractors who specialize in residential heating and cooling systems. These professionals assess your home's specific needs in Climate Zone 10, where Venice experiences design temperatures ranging from 33°F in winter to 95°F in summer, ensuring proper equipment sizing and efficient operation year-round.

Palmetto partners with qualified local installers to provide heat pump installation through two flexible options: a Comfort Plan with $0 upfront and all maintenance included, or direct purchase where you own the equipment and may qualify for up to $2,000 in federal tax credits. Both options ensure professional installation tailored to Venice's climate, helping you reduce energy costs with Florida's 14.2¢ per kWh electricity rates.

A heat pump is actually a type of HVAC system. HVAC stands for heating, ventilation, and air conditioning—the umbrella term for all climate control equipment. Heat pumps are unique because they both heat and cool your home using the same unit, transferring heat rather than generating it through combustion like traditional furnaces.

In Venice's Climate Zone 10, where winter temperatures rarely drop below 33°F, heat pumps work exceptionally efficiently year-round. They use electricity at Florida's current rate of 14.2¢ per kWh to move heat instead of creating it, making them more energy-efficient than conventional HVAC systems. Palmetto offers heat pumps through a Comfort Plan lease with zero upfront costs and included maintenance, or through direct purchase with potential federal tax credits up to $2,000.