This manufacturing bottleneck resulted in less HVAC unit availability, driving prices up due to the classic economic principle of supply and demand. The HVAC industry, like many others, faced labor shortages even before the pandemic.

On the other hand, geothermal heat pump systems are the most expensive, with average costs ranging from $10,000 to $35,000. Cheaper units may have lower efficiency ratings and may not include advanced features such as zoning capabilities or smart thermostats.

The Home Depot proudly installs four of the top HVAC brands in the U.S.: Carrier, Rheem, Lennox and Amana. These brands are: Trusted. Known for their reliability.

It may not be the lowest price out of all the quotes you receive, but better contractors know their value and know their cost structure and won't give away their work. A few dollars extra for the right company will often be worth every penny. It's important not to be too aggressive in your negotiating.