What affects heat pump cost in Phoenix
Capacity and efficiency. Like an AC, a heat pump is sized in tons and rated by SEER2 for cooling and HSPF2 for heating. In Phoenix, the cooling rating matters far more because you'll run cooling nine months of the year.
Single-stage, two-stage or variable-speed. Variable-speed heat pumps hold steadier indoor temperatures and run quieter, and they pay back fastest in climates with long cooling seasons.
Incentives. Utility rebates and federal tax credits for qualifying heat pumps can be substantial. Ask each contractor to itemize incentives on the quote so you can compare net cost, not sticker price.