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Estimated cost of heat pump turnkey contract in Sweden from 2010 to 2024, by type (in 1,000 SEK)

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Source

Release date

March 2025

Region

Sweden

Survey time period

2010 to 2024

Number of respondents

65 members of the Swedish Cooling & Heat Pump Association

Special properties

Turnkey contract costs in a house with a heating requirement of 20,000 kWh/year

Method of interview

Online survey

Supplementary notes

65 representatives of the Swedish Cooling & Heat Pump Association responded to the survey from a total of 650 members.

The names of the types of heat pumps were translated by ÌÇÐÄÆƽâ°æ from Swedish:

  • Luft/Luft - Air-to-air
  • Bergvärme - Geothermal (ground source vertical loop)
  • Jordvärme - Geothermal (ground source horizontal loop)
  • Grundvatten - Geothermal (groundwater)
  • Luft/Vatten - Air-to-water
  • FrÃ¥nluft - Exhaust air

Citation formats

Estimated cost of heat pump turnkey contract in Sweden 2010-2024, by type

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 15, 2025

In 2024, the type of heat pump with the lowest costs for a turnkey contract in Sweden was by far air-to-air. Meanwhile, installing geothermal heat pumps was quite expensive, reaching up to approximately ** Swedish kronor for a turnkey contract of ground-source vertical loop heat pumps. Most of the heat pumps sold in Sweden in 2024 were air-to-air.

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