Heat Pump Cost in Oregon 2026
A whole-home ducted heat pump costs $7,500–$13,000 installed in Oregon in 2026, with a typical job landing near $10,000. Oregon is really two heating markets divided by the Cascades — a mild, marine Willamette Valley where a standard unit does the work, and a cold, dry east where only cold-climate equipment belongs — and the rebate map splits the same way, by utility and by the fuel your home already burns. This guide prices every system from one mini-split head to geothermal, compares Portland, Salem, and Eugene, works the running-cost sums twice — once at the statewide electricity price and once at Portland General Electric’s higher rate, where the fuel maths flips — and is blunt about the federal money that is not here: the tax credit is $0, the owner-occupied HP3 pot is empty, and Oregon’s HEAR rebates have not launched.