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Holy Cross Energy: Heat Pump

SubtypeAmountRequirements
Ducted HP
25% of total project cost, up to $3,000 per year; 50% of project cost up to $7,500 per year for income qualifying tier (< 150% of AMI)
HSPF2 8.1+, COP 1.75+ at 5 F, rated to 5 F (climate zone 5) or -5 F (climate zones 6,7)
Ductless HP
25% of total project cost, up to $3,000 per year; 50% of project cost up to $7,500 per year for income qualifying tier (< 150% of AMI)
HSPF2 9.5+, COP 1.75+ at 5 F, rated to 5 F (climate zone 5) or -5 F (climate zones 6,7)
Depending on your location, you may also be eligible for these additional rebates:

State and Federal Tax Credits

Note that all these rebates and tax credits can be combined to help you pay for your project.
Measure TypeType of tax creditTax credit amountRequirements
Heat Pumps
State Tax Credit
$500 to customer (plus up to $1,000 to installer)

Energy Star certified, use state-qualified installer

Heat Pumps
Federal Tax Credit
30% up to $2,000