Oklahoma City, OK 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
Oklahoma City, OK Heat Pump Load Calculator
Use our calculator below to estimate your home’s heating and cooling needs based on square footage. It uses ACCA-standard design conditions for Oklahoma City, OK: 72°F indoor, 95°F outdoor cooling, and 14°F heating temperatures. 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
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 |
Cash
Loan
Local Incentives
Oklahoma City, OK 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 Oklahoma City homeowners.
OG&E HVAC Rebate Program
Up to $1,500OG&E offers rebates for HVAC system replacements for residential customers in Oklahoma. The program encourages energy-efficient equipment upgrades.
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.
Oklahoma City homeowners have access to utility rebates through OG&E, which offers up to $1,500 for HVAC system replacements, plus the federal IRA tax credit of up to $2,000 available through 2032. Palmetto's team can help you navigate these incentive programs and maximize your savings when upgrading to an efficient heat pump system.
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
Oklahoma City falls in IECC Climate Zone 8, which means cold winters with design temperatures around 14°F and hot summers reaching 95°F. This temperature range matters—your heat pump needs to handle both extremes efficiently. At Palmetto, we understand Oklahoma City's climate and can help you find a system sized right for your home. Explore the 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
Oklahoma City Electricity Prices
Understanding your local electricity costs is essential when evaluating home heating and cooling options—and those costs are on the move.
Oklahoma City electricity rates have climbed from 11.0 cents per kWh in 2021 to 12.2 cents in 2024—an 11% increase. While still below the national average, these rising costs impact your monthly energy 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 heating and cooling comfort to your home.
As electricity rates continue their upward trend, that efficiency gap becomes increasingly valuable. A heat pump's lower energy consumption means your monthly bills stay more manageable, even as rates rise over the years ahead.
Price of Energy: Oklahoma vs National Average
Oklahoma City Area Utility Providers
Oklahoma City residents benefit from electricity rates below the national average. According to 2023 data, OG&E charges 10.8¢ per kWh while PSO charges 13.8¢ per kWh—both under the national average of 16.0¢.
These competitive rates reflect Oklahoma's abundant natural gas resources and diverse energy generation mix. While PSO's rates sit closer to the state average of 12.10¢, OG&E offers particularly affordable electricity, making energy costs more manageable for homeowners.
Lower electricity rates make heat pumps even more cost-effective in Oklahoma City. Since heat pumps use electricity three times more efficiently than traditional heating systems, your below-average rates translate to greater savings on your total energy spending year-round.
Oklahoma City 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.
- 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.
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 Oklahoma City. The city's Climate Zone 8 conditions—with winter lows around 14°F and summer highs near 95°F—fall within the ideal range for modern heat pumps to operate efficiently year-round. With electricity costs at 12.2¢ per kWh, heat pumps typically deliver significant energy savings compared to traditional heating and cooling systems.
Palmetto makes heat pump installation accessible through two options: the Comfort Plan with $0 upfront and all maintenance included, or direct purchase with potential federal tax credits up to $2,000. Both approaches help Oklahoma City homeowners reduce energy bills while maintaining year-round comfort, making heat pumps a practical investment for the local climate and energy costs.
Heat pumps perform very efficiently in Oklahoma City's climate. The area's moderate winters (with design temperatures around 14°F) and hot summers (reaching 95°F) fall well within modern heat pump operating ranges. Today's cold-climate heat pumps maintain efficiency even during Oklahoma's coldest days, while providing excellent cooling performance during summer months when you need it most.
With Oklahoma's electricity rate of 12.2¢ per kWh, heat pumps typically cost less to operate than traditional heating systems because they move heat rather than generate it. This efficiency translates to lower monthly energy bills year-round. Palmetto makes getting started easy with two options: our Comfort Plan with $0 upfront and all maintenance included, or direct purchase with potential federal tax credits up to $2,000.
The choice between leasing and buying a heat pump in Oklahoma City depends on your financial situation and preferences. Buying means paying upfront but owning the equipment outright, plus you may qualify for federal tax credits up to $2,000 under the Inflation Reduction Act. Leasing through a Comfort Plan requires $0 upfront and includes all maintenance and repairs in your monthly payment.
For Oklahoma City's climate (with winter lows around 14°F and summer highs near 95°F), both options provide year-round comfort. Leasing works well if you want predictable costs and no maintenance headaches, while buying makes sense if you can take advantage of tax incentives and prefer ownership. Consider your budget, how long you plan to stay in your home, and whether you prefer convenience or upfront savings.
Heat pump costs in Oklahoma City 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. Oklahoma City's climate—with winter lows around 14°F and summer highs near 95°F—means you'll need a properly sized system that can handle both heating and cooling demands year-round.
Palmetto offers two ways to get a heat pump that fit different budgets and preferences. Our Comfort Plan requires $0 upfront and includes a predictable monthly payment with all maintenance and repairs covered for life. Alternatively, you can purchase your system outright and potentially qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act, plus any available local rebates.
Yes, heat pumps are typically worth it financially in Oklahoma City. With electricity at 12.2¢ per kWh, heat pumps can reduce heating and cooling costs by 30-50% compared to traditional systems because they move heat rather than generate it. Direct purchases may qualify for up to $2,000 in federal tax credits under the Inflation Reduction Act, plus local rebates.
Palmetto makes heat pumps accessible with two options: purchase outright to own the equipment and capture incentives, or choose the Comfort Plan with $0 upfront and predictable monthly payments that include all maintenance and repairs. Oklahoma City's climate—with winter lows around 14°F and summer highs near 95°F—means year-round savings on both heating and cooling.
Heat pumps in Oklahoma City are installed by licensed HVAC contractors who specialize in heating and cooling systems. These professionals assess your home's specific needs, considering Oklahoma's Climate Zone 8 conditions (with winter temperatures dropping to 14°F and summer highs reaching 95°F), and ensure proper sizing and installation for year-round comfort.
Palmetto works with certified local installers to provide heat pump installation through two 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 tailored to Oklahoma City's unique climate requirements.
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 through combustion like traditional furnaces.
In Oklahoma City's climate, where winter temperatures can drop to 14°F and summers reach 95°F, a heat pump handles both seasonal extremes efficiently using electricity at 12.2¢ per kWh. Unlike traditional HVAC setups that require separate heating and cooling equipment, a single heat pump system does both jobs, potentially lowering your energy costs while maintaining year-round comfort.