Your electric utility provides the funding to make this discount possible:
Partner: Burlington Electric Department logo
Partner: Green Mountain Power logo
Partner: Stowe Electric Department logo
Partner: VPPSA logo
Partner: Washington Electric Co-Op logo

About this rebate

Offer available to:

  • ✓ Residential Properties
  • ✓ Businesses

Effective Date: January 1, 2024

Offer subject to change.

Qualified Products List View list

  • Must be new, installed in Vermont, and listed on the Qualifying Products List at the time of purchase. Used, rebuilt, or refurbished equipment is not eligible.
  • Eligible systems are based on a combination of outdoor unit model number and indoor unit model number or ducting configuration. (Note: Eligibility for centrally ducted systems that utilize the furnace air handler is based on outdoor unit model number only.)
≤2 ton $1,000 discount
>2 - <4 ton $1,500 discount
≥4 ton $2,000 discount
Income Bonus

Vermonters whose household income is at or below the low- or moderate-income guidelines qualify for a $200-$2,200 bonus rebate, depending on their utility and household income level.

  • Green Mountain Power low-income customers: apply online or download the form. Please note: Heat pumps purchased or leased from VGS are not eligible for this bonus rebate.
    • 2023 purchases: $800
    • 2024 purchases: $2,200
  • All other moderate- and low-income customers ($200): apply online or download the form

  1. Work with a contractor to purchase qualified equipment at a participating distributor
  2. Receive instant discount at time of purchase

Please note:

  • Installation can be complex and should be performed by a licensed contractor who is familiar with HVAC controls.
  • Generally, fossil fuel heating system must be maintained as a backup heat source.
  • Existing furnace may need to be upgraded to be compatible with heat pump.
Partner Additional Offer Details
Burlington Electric Department up to $8,750 Post purchase rebate
Federal Tax Credit for tax years 2023-2032 30% of cost, up to $2,000 per year Federal Tax Credit details & eligibility
Green Mountain Power up to $2,000 Low-income bonus
Stowe Electric Department $250 Income-eligible bonus
Municipalities served by VPPSA $200 weatherization rebate Post-purchase rebate
Municipalities served by VPPSA $800 income bonus for income-eligible households Post-purchase rebate
Vermont Electric CO-OP $150 thermal bonus Bill credit
Washington Electric CO-OP $100 Rebate

Secure financing to help pay for energy-saving improvements.

Financing for Business

Business Energy Loan
Low-interest financing for business, nonprofits, and institutions.

Financing for Homeowners

Home Energy Loan
Flexible financing for homeowners starting at 0% interest.