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Ways to Save > Business Rebates > Save with HVAC

Save with HVAC

Upgrading to energy-efficient heating and cooling equipment can help your business use 40% less electricity and significantly reduce your electric bills. To make upgrading more affordable for you, we offer the following rebates:

HVAC Rebate Options

Ductless heat pump

  • Upgrade from any primary heat source
    • $300 per ton
  • Retrofit from electric resistance primary heat source
    • $1,000 per ton

Air Source Heat Pump 

  • Upgrade
    • $150/ton
  • Retrofit
    • $1000/ton

Packaged Terminal Heat Pump 

  • Retrofits only 
    • $450/unit

Variable frequency drive 

  • Retrofits only
    • $470/horsepower on air handling unit fans
    • $230/per horsepower for pumps

Variable refrigerant flow 

  • Retrofits only
    • $400 per ton.

Web-connected thermostat

  • $150 per unit for connected thermostat with electric heat
  • $50 per unit for connected thermostat for electric air conditioning

If your company is interested in a large-scale energy-efficiency upgrade, consider our Custom Retrofit Program, which could cover up to 70% of the project cost. Contact us at bizrebates@tacoma.gov prior to installation for any custom retrofit projects.

Rebate Eligibility Details

  • New, qualifying equipment must be installed in a business location within Tacoma Power’s service territory.
  • Technical specs and requirements are listed on the rebate form.
  • Please see the rebate application for specific qualifications.

How to apply for equipment rebates and incentives

Equipment rebate projects can be submitted before the project happens or within 180 days of the equipment installation. 

To ensure you’re installing eligible equipment, contact our experts at 253-502-8619 or bizrebates@tacoma.gov to discuss your project and eligible equipment.  

You can also submit your application to see if your project qualifies. 

Include a quote or final invoice with your submission. 

To learn more about how our rebates can help your company reduce its utility bill, see our community testimonials:

Click here to read how incorporating high-performance lighting system and an energy efficient HVAC system helps Franke Tobey Jones care center manage utility costs, maintain quality surroundings, and be aesthetically pleasing.

Watch how the Tacoma Rescue Mission used LED lighting and an energy efficient HVAC system to build a new shelter to last. Their total energy savings is enough to power an average Tacoma Power home for one year.

*Program requirements and rebate amounts are subject to change without notice. Tacoma Power does not endorse any particular contractor, manufacturer or product. Tacoma Power makes no express or implied warranties of these products.

Payment is subject to the terms and conditions of the rebate. Tacoma Power reserves the right to verify sales transactions and to inspect installations prior to issuing rebates. Incorrect or incomplete information may lead to a delay or cancellation of rebate processing.