Your electric utility provides the funding to make this discount possible:
Ducted Heat Pumps
Work with a contractor to install your heat pump and get a $1,000-$2,000 instant discount, plus a bonus for income-eligible Vermonters. You may also be eligible for federal tax credits to help offset the cost of these projects.
In partnership with your utility, this program supports the reduction of greenhouse gases. Learn more.
Starting at
$1,000
off
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.
- 2023 purchases: $800
- 2024 purchases: $2,200
- All other moderate- and low-income customers ($200): apply online or download the form
- Work with a contractor to purchase qualified equipment at a participating distributor
- 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 |
| 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.