Heat Pump Cost in Maryland 2026
A whole-home ducted heat pump costs $6,890–$11,390 installed in Maryland in 2026, with a typical 3-ton job landing near $9,140. Maryland is the most interesting heat pump market in this series because its two headline numbers point in opposite directions: electricity here costs 21.40 cents a kilowatt-hour, the 15th-highest in the country, so a mid-efficiency heat pump actually costs more to run than the gas furnace it replaces — and the state answers with the strongest utility rebate stack anywhere, up to $15,000 through EmPOWER Maryland for a home that leaves fossil fuel behind. This guide prices every system from a single mini-split head to geothermal, compares Baltimore with Rockville and the five utility territories, works the running-cost sums at four different electricity prices so you can see exactly where the fuel maths flips, and is blunt about the money that is not here: the federal tax credit is $0, the $8,000 HEAR rebate has not launched, and the EmPOWER cycle that pays the big rebates ends December 31, 2026.