Average Hourly Cost: The average cost of installing a heat pump system in an air conditioning contractor category is approximately $50-$100 per hour.

Cost Breakdown: The cost breakdown of installing a heat pump system includes labor cost, material cost, and the cost of the heat pump itself. Labor cost is usually the biggest part of the cost and may range from $50-$100 per hour, depending on the complexity of the job. The material cost for the installation may include the cost of the heat pump, electrical wiring, ductwork, and other materials needed for the job. The cost of the heat pump itself may range from $1,500 to $7,000, depending on the type and quality of the heat pump.

Factors Affecting Cost: Several factors may affect the cost of installing a heat pump system, such as the type and quality of the accessory, the complexity of the job, and the location and service provider. The type and quality of the accessory used for the installation will affect the cost, as a higher quality accessory will cost more. The complexity of the job can also affect the cost, as more complex jobs will require more time and materials. Additionally, the location and service provider can affect the cost, as some service providers may charge more for their services depending on the location.