Heat Pump Rebates
Using a heat pump is an energy-efficient way to both heat and cool your home. Compared with electric resistance heating such as a furnace or baseboard heaters, a heat pump can reduce your electricity use for heating by 25-50%. That can add up to big savings on your utility bill.
A heat pump uses an outdoor compressor that is connected to a furnace that pushes air through ducts in your home and out of the vents in your rooms. The temperature is controlled by a single thermostat. During colder months, a heat pump supplies even and consistent heat while using less electricity than other electric heating options. In the warmer months, the system keeps your home cool and comfortable while also dehumidifying the air. Plus, its built-in air filter helps improve indoor air quality.
Heat Pump Rebate Details*
We offer eligible property owners a $1,000 rebate towards the purchase and installation of a qualifying high-efficiency heat pump.
The rebate is limited to one per home or living unit. Additional rebates may be available from product manufacturers, so ask your contractor about your options.Find a Contractor
- Heat pump must heat more than 90% of the home
- Must include installation of a new and qualified high efficiency heat pump
- The new heat pump must be AHRI certified minimum 9.0 HSPF and 14 SEER rating (check with the manufacturer or a qualified contractor for details)
- Heat pump must be installed by a Tacoma Power Participating Contractor that is Performance Tested Comfort Systems (PTCS)-certified technician
- Properties with 5 or more units per building
- New construction
- Homes with an existing heat pump or ductless heat pump (DHP)
- Homes that have previously participated in our DHP program
Heat Pump Loan Details
To help you purchase a heat pump, we offer a seven-year, zero-interest loan for residential properties up to four units per building. The maximum loan amount is $10,000 and the monthly loan payment is about $120. Zero-interest loan recipients are not eligible for a heat pump rebate.
- You must own the home and land.
- Eligible customers must have a good TPU payment and credit history.
- Heat pump must be installed by a Tacoma Power Participating Contractor that is a PTCS certified technician.
- If the total cost exceeds the loan amount, you are responsible for any remaining balance.
- Additional documentation is required for loan applications.
- Limited liability companies (LLCs) and corporations
How to Apply
Simply fill out the relevant application below, check the box next to the rebate you want to claim and submit it to us.
Additional documents and checklists
*Program requirements and rebate amounts are subject to change without notice. Check with Tacoma Power for current information. Energy and heating savings are estimates only. Actual savings may vary. Tacoma Power does not make any representations, promises or warranties with respect to actual cost savings from any of the products. Tacoma Power does not endorse any particular contractor, manufacturer or product.