Frankfort, KY Heat Pump Leasing & Installation
In this guide
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
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.
02
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.
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Home location & size
Your home’s location and size directly impact heating needs.
Step 2 of 3
Home attributes
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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
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.
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Cash |
Loan |
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|---|---|---|---|
| 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 |
Cash
Loan
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 $2,000The Inflation Reduction Act provides a federal tax credit of up to $2,000 for qualifying heat pump installations through 2032.
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
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. Explore other climate zones below or enter your ZIP code to confirm yours.
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
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.
As electricity rates continue their upward trajectory, efficiency becomes increasingly valuable. A heat pump's lower energy consumption means your heating and cooling costs rise more slowly, protecting your household budget over the system's 15-20 year lifespan.
Price of Energy: Kentucky vs National Average
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.
Lower electricity rates make heat pumps even more cost-effective. Their exceptional efficiency means you use less energy for heating and cooling, maximizing savings. Even where electricity costs more, heat pumps typically reduce total energy spending compared to traditional systems.
Frankfort Utilities Electricity Rates
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.
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- Energy insights & Dashboard
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- 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.
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. |
Frequently Asked Questions
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. With Kentucky's electricity rate at 13.0¢ per kWh, heat pumps typically cost less to operate than traditional heating systems.
Frankfort homeowners have flexible options to get started. Palmetto's Comfort Plan requires $0 upfront and includes all maintenance and repairs, while direct purchase may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act. Both approaches deliver year-round comfort while potentially lowering your energy bills compared to older heating and cooling systems.
Heat pumps perform very efficiently in Frankfort's climate, which falls in Climate Zone 7. Modern heat pumps are designed to handle temperatures down to 5°F—Frankfort's design heating temperature—while providing effective cooling when summer temperatures reach 92°F. With Kentucky's electricity rate at 13.0¢ per kWh, heat pumps typically cost less to operate than traditional heating systems.
The mild winters and warm summers in Frankfort create ideal conditions for heat pump efficiency year-round. These systems can reduce your heating and cooling costs significantly compared to older furnaces or air conditioners. Palmetto makes installation accessible through our Comfort Plan with $0 upfront, or direct purchase options that may qualify for up to $2,000 in federal tax credits.
The choice between leasing and buying a heat pump in Frankfort depends on your financial situation and preferences. Palmetto's Comfort Plan offers $0 upfront with a predictable monthly payment and all maintenance included, while direct purchase means you own the equipment and may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act.
Consider leasing if you want to avoid upfront costs and maintenance responsibilities in Frankfort's variable climate (Zone 7, with winter lows around 5°F). Direct purchase makes sense if you can benefit from tax incentives and prefer long-term ownership. Both options help you save on heating and cooling with Kentucky's 13.0¢ per kWh electricity rates.
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. Climate Zone 7 conditions in Frankfort—with winter temperatures dropping to 5°F—may require a more robust system, which influences the overall investment.
Palmetto offers two pathways 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 Kentucky rebates.
Yes, heat pumps are typically worth it financially in Frankfort, where Kentucky's moderate climate (Climate Zone 7) allows them to operate efficiently year-round. Heat pumps can reduce heating and cooling costs by 30-50% compared to traditional systems, and with electricity at 13.0¢ per kWh, most homeowners see meaningful savings on their monthly energy bills.
Palmetto makes heat pumps financially accessible through two options: our 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. Both paths offer financial benefits—whether through immediate savings without upfront costs or long-term ownership with tax incentives.
In Frankfort, KY, heat pumps are installed by licensed HVAC contractors who specialize in heating and cooling systems suitable for Climate Zone 7. These professionals understand the local climate requirements, including the area's 5°F winter design temperature and 92°F summer design temperature, ensuring your system is properly sized and installed for year-round comfort.
Palmetto partners with certified local installers to provide heat pump installation in Frankfort through two flexible options: a Comfort Plan with $0 upfront cost 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 backed by warranty coverage and ongoing support.
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, making it highly efficient in Frankfort's Climate Zone 7 conditions.
Unlike traditional HVAC systems that use separate furnaces and air conditioners, a heat pump handles both jobs with one unit. This efficiency matters in Kentucky where electricity costs 13.0¢ per kWh—heat pumps typically use less energy than conventional systems. Palmetto makes installation accessible through flexible options: our Comfort Plan with zero upfront costs and included maintenance, or direct purchase with potential federal tax credits up to $2,000.