Transparent Pricing

Cost and estimated incentives for Full-Service Home Upgrades and Emergency Water Heater Replacement

Simple Upfront Pricing

Our team believes in transparent pricing. We’ve compiled a list of the most common upgrades with pricing to help you make an informed decision.

Heat Pump Water Heater
Upgrade Price before incentives* Estimated incentives**
Heat Pump Water Heater (50 gallon, 240V)  $5,850 $2,000 – $4,000
Heat Pump Water Heater (65 gallon, 240V)  $6,350
Heat Pump Water Heater (80 gallon, 240V)  $7,050
Heat Pump Water Heater (65 gallon, 120V)  $6,350
Heat Pump Water Heater (80 gallon, 120V)  $7,050
Water Heater Duct In $600 – $900
On-demand Hot Water Recirculation Pump $1,500
Water Heater Enclosure $400 – $600
Water Heater Relocation $900 – $2,800
Exterior Vent Installation $700 – $1,100
Add 230 Volt Circuit $1,200 – $2,000
Add 120 Volt Circuit $800 – $1,600
Circuit Sharing Device $500 – $1,200
Permitting Fees (with HERS verification included) $750; $300 per additional unit
Heat Pump HVAC
Upgrade Price before incentives* Estimated incentives**
Heat Pump HVAC Ducted Central System, 2 Ton  $10,900 $2,500 – $6,500
Heat Pump HVAC Ducted Central System, 3 Ton  $12,300
Heat Pump HVAC Ducted Central System, 4 Ton  $14,200
Heat Pump HVAC Ducted Central System, 5 Ton  $17,300
Heat Pump HVAC Ductless Minisplit System, 1 zone  $5,750
Heat Pump HVAC Ductless Minisplit System, 2 zone  $9,800
Heat Pump HVAC Ductless Minisplit System, 3 zone  $13,400
Heat Pump HVAC Ductless Minisplit System, 4 zone  $18,435
Ductwork Repair  $300 – $900
Ductwork Replacement  $500 per duct
Smart Thermostat  $105 – $342
New / Replacement Line Set  $400 – $900
Sheet Metal Fabrication  $400 – $900
Low Resistance Register Grilles  $400 – $900
New Register Cut In  $275 each
Attic Infrastructure (bringing up to code)  $900 – $2,800
Attic Hatch Retrofit  $450 – $750
Add 230 Volt Circuit $1,200 – $2,000
Add 120 Volt Circuit $800 – $1,600
Circuit Sharing Device $500 – $1,200
Permitting Fees (with HERS verification included) $750; $300 per additional unit
Other Appliances
Upgrade Price before incentives* Estimated incentives**
Electric induction range  $2,450 $500
Electric induction cooktop  $3,050 $500
High-efficiency electric clothes dryer  $2,000
Condensing combo washer-dryer  $1,000
Add 230 Volt Circuit $1,200 – $2,000
Add 120 Volt Circuit $800 – $1,600
Circuit Sharing Device $500 – $1,200
Permitting Fees (with HERS verification included) $750; $300 per additional unit
Electrical Service Upgrades
Upgrade Price before incentives* Estimated incentives**
Main electric panel replacement  $4,850 – $9,450 $500 – $3,000
Service upgrade  $800
Sub-panel installation  $1,600
Electrical Repair  $800 – $2,400
Add 230 Volt Circuit  $1,200 – $2,000
Add 120 Volt Circuit  $800 – $1,600
Circuit sharing device  $500 – $1,200
Smart panel  $9,050
Permitting Fees (w/ HERS verification included)  $750; $300 per additional unit
Heat Pump Water Heater
Upgrade Price before incentives* Estimated incentives**
Heat pump water heater (50 gallon, 240V)  $5,850 $2,000 – $4,000
Heat pump water heater (65 gallon, 240V)  $6,350
Heat pump water heater (80 gallon, 240V)  $7,050
Heat pump water heater (65 gallon, 120V)  $6,350
Heat pump water heater (80 gallon, 120V)  $7,050
Water Heater Duct In $600 – $900
On-demand Hot Water Recirculation Pump $1,500
Water Heater Enclosure $400 – $600
Water Heater Relocation $900 – $2,800
Exterior Vent Installation $700 – $1,100

* Prices are all-inclusive and cover equipment, materials, prevailing wage labor, and a standard one-year warranty. Please note that these rates are effective as of November 2024 and may be subject to change at any time.

** Estimated incentives may include a combination of SVCE, local, state, and federal rebates and incentives. Your final incentive amount will depend on incentive availability, your project scope, household income, and other factors. Get a Home Upgrade Proposal to see your project costs, including all current incentives you are eligible for.

Back to: Full-Service Home Upgrades | Emergency Water Heater Replacement

Heat Pump HVAC
Upgrade Price before incentives* Estimated incentives**
Heat Pump HVAC Ducted Central System, 2 Ton  $10,900 $2,500 – $6,500
Heat Pump HVAC Ducted Central System, 3 Ton  $12,300
Heat Pump HVAC Ducted Central System, 4 Ton  $14,200
Heat Pump HVAC Ducted Central System, 5 Ton  $17,300
Heat Pump HVAC Ductless Minisplit System, 1 zone  $5,750
Heat Pump HVAC Ductless Minisplit System, 2 zone  $9,800
Heat Pump HVAC Ductless Minisplit System, 3 zone  $13,400
Heat Pump HVAC Ductless Minisplit System, 4 zone  $18,435
Ductwork Repair  $300 – $900
Ductwork Replacement  $500 per duct
Smart Thermostat  $105 – $342
New / Replacement Line Set  $400 – $900
Sheet Metal Fabrication  $400 – $900
Low Resistance Register Grilles  $400 – $900
New Register Cut In  $275 each
Attic Infrastructure (bringing up to code)  $900 – $2,800
Attic Hatch Retrofit  $450 – $750

* Prices are all-inclusive and cover equipment, materials, prevailing wage labor, and a standard one-year warranty. Please note that these rates are effective as of November 2024 and may be subject to change at any time.

** Estimated incentives may include a combination of SVCE, local, state, and federal rebates and incentives. Your final incentive amount will depend on incentive availability, your project scope, household income, and other factors. Get a Home Upgrade Proposal to see your project costs, including all current incentives you are eligible for.

Back to: Full-Service Home Upgrades | Emergency Water Heater Replacement

Other Appliances
Upgrade Price before incentives* Estimated incentives**
Electric induction range  $2,450 $500
Electric induction cooktop  $3,050 $500
High-efficiency electric clothes dryer  $2,000 $0
Condensing combo washer-dryer  $1,000 $0

* Prices are all-inclusive and cover equipment, materials, prevailing wage labor, and a standard one-year warranty. Please note that these rates are effective as of November 2024 and may be subject to change at any time.

** Estimated incentives may include a combination of SVCE, local, state, and federal rebates and incentives. Your final incentive amount will depend on incentive availability, your project scope, household income, and other factors. Get a Home Upgrade Proposal to see your project costs, including all current incentives you are eligible for.

Back to: Full-Service Home Upgrades | Emergency Water Heater Replacement

Electrical Service Upgrades
Upgrade Price before incentives* Estimated incentives**
Main electric panel replacement  $4,850 – $9,450 $500 – $3,000
Service upgrade  $800
Sub-panel installation  $1,600
Electrical Repair  $800 – $2,400
Add 230 Volt Circuit  $1,200 – $2,000
Add 120 Volt Circuit  $800 – $1,600
Circuit sharing device  $500 – $1,200
Smart panel  $9,050
Permitting Fees (w/ HERS verification included)  $750; $300 per additional unit

* Prices are all-inclusive and cover equipment, materials, prevailing wage labor, and a standard one-year warranty. Please note that these rates are effective as of November 2024 and may be subject to change at any time.

** Estimated incentives may include a combination of SVCE, local, state, and federal rebates and incentives. Your final incentive amount will depend on incentive availability, your project scope, household income, and other factors. Get a Home Upgrade Proposal to see your project costs, including all current incentives you are eligible for.

Back to: Full-Service Home Upgrades | Emergency Water Heater Replacement

  • Appliance requirement: Your planned project must include a heat pump water heater or heat pump HVAC system to take advantage of these offerings.
  • Incentives: We’ll help you apply for all eligible SVCE and third-party rebates to further reduce your upfront costs. You may also be eligible to claim up to $3,200 in tax credits for eligible home upgrades. Find out more about federal tax credits and consult a professional tax advisor on how to claim yours.
  • No-cost installations: Eligible property owners and tenants may receive free installations. Check qualifications for no-cost installation here.
  • Explore your options: We’re here to provide the information you need to make the best choice for your home. To ensure you have the best options, we encourage you to explore all possibilities, including obtaining quotes from one or two other contractors.

* Prices are all-inclusive and cover equipment, materials, prevailing wage labor, and a standard one-year warranty. Please note that these rates are effective as of November 2024 and may be subject to change at any time.

** Estimated incentives may include a combination of SVCE, local, state, and federal rebates and incentives. Your final incentive amount will depend on incentive availability, your project scope, household income, and other factors. Get a Home Upgrade Proposal to see your project costs, including all current incentives you are eligible for.

Back to: Full-Service Home Upgrades | Emergency Water Heater Replacement

Questions?

Our team is here to support you in making the transition to clean energy effortless and affordable. Contact us at advisor@svce.franklinenergy.com or (408) 260-5255.