Lynnwood's housing stock skews newer than Edmonds or Bothell. Most homes are 1980-2010 subdivisions with 200A panels and modern ductwork, which means most installs are 2-day straightforward retrofits without major electrical scope.
The math:
- PSE rebate $1,200 instant — Lynnwood is fully PSE
- Federal IRA tax credit Up to $2,000
- Operating cost savings $400 to $600/yr vs gas (PSE rates)
- AC included Critical for south-facing Lynnwood homes during summer
For a 2,100 sq ft Alderwood subdivision home replacing a 1999 gas furnace, the 10-year net cost picture favors a heat pump by about $4,500 to $7,000 after rebates and operating savings.
The exception: older Alderwood Manor and Martha Lake homes from the late 70s with original 100A panels — those need the upgrade.