In a multienergy framework, power-to-heat technology is becoming increasingly attractive. This interest is mainly due to the possibility of exploiting excesses and unbalances of electricity, which are becoming more and more common with the increasing capacity of the renewable sources. An interesting option consists in using heat pumps to convert excess of electricity produced by photovoltaic systems (especially in the midday hours) into cold to be provided to district heating and district cooling networks. This article aims to propose a methodology to select the best heat pump location in district cooling system. The analysis is performed with the aim of minimizing the cost of network construction and pumping. The procedure includes the best heat pump location and the design of the pipeline. Results show that distributed heat pumps allow one reducing both the costs and the average pipeline diameters by about 50% with respect to concentrated production. Furthermore, the optimal location of distributed heat pumps allows reducing costs of about 7% with respect to a uniformly distributed production.