Heat pump cost guides
Four guides to what heat pumps cost in New Zealand beyond a single high-wall unit: ducted systems, multi-splits, what one costs to run each year, and what replacing an old unit comes to. Every figure is sourced and dated. Our own installed prices are on prices.
Ducted heat pump cost NZ (2026)
Ducted heat pumps in NZ cost about $8,000–$15,000 for a standard home and $15,000–$25,000+ for large homes. Prices by zone, and what drives them.
Read Cost guideMulti-split heat pump cost NZ (2026)
Multi-split heat pumps in NZ cost about $5,500–$7,500 for two rooms and $7,500–$10,000 for three. Compare prices by indoor units and against single splits.
Read Cost guideHow much does a heat pump cost to run in NZ?
A heat pump in NZ costs roughly 30c–$1.35 an hour at full output on 42c/kWh power. See the formula, examples by size and ways to cut the bill.
Read Cost guideHeat pump replacement cost NZ (2026)
Replacing a high-wall heat pump in NZ costs about $2,500–$4,500 installed. Repair vs replace costs, pipework reuse, and when a new unit makes sense.
Read| System | Range | Typical |
|---|---|---|
| High-wall split, small room (up to ~25 m², ~2.5–3.5 kW) | $2,500–$3,500 | $3,000 |
| High-wall split, living area (~25–45 m², ~5–6 kW) | $3,200–$4,800 | $4,000 |
| High-wall split, large open plan (45 m²+, ~7–9 kW) | $4,500–$6,500 | $5,500 |
| Floor console | $2,800–$4,800 | $3,800 |
| Multi-split (2–5 indoor units) | $5,000–$12,000 | $8,500 |
| Ducted, standard home | $8,000–$15,000 | $12,000 |
| Ducted, large home (5+ zones) | $15,000–$25,000 | $20,000 |
Source: Top5.nz, Heat pump installation cost NZ (updated 2 August 2026), cross-checked with Varcoe. The pillar guide is heat pump prices NZ.
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