Holy Cross Energy: Heat Pump
Subtype | Amount | Requirements |
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Ducted HP
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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
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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)
|
You may also be eligible for…
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 Type | Type of tax credit | Tax credit amount | Requirements |
---|---|---|---|
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
|
Rebate Details
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Measure: Install a heat pump for heating & cooling
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Updated: Jul 18, 2024
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970-947-5473
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rebates@holycross.com
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