Standard Heat Pump:
Upgrade or replace existing non-electric heat with high-efficiency heat pump:
HSPF 8.8, on units 5 tons or greater: $200
HSPF 9.0 or greater, on any size unit: $250
Replace an electric furnace or electric resistance heat
(baseboard or in-wall unit) with high-efficiency heat pump:
HSPF 8.8, on units 5 tons or greater: $400
HSPF 9.0 or greater, on any size unit: $450
Ductless Heat Pump—$600 per outdoor unit
Replace an electric furnace or electric resistance heat (baseboard or in-wall unit) with a ductless heat pump (inverter-driven models only)
Package Terminal Heat Pump—$200
Receive an incentive when you install an approved unit instead of a package terminal air conditioner that offers heating and cooling. Contact an Account Representative for a list of qualified models.
Your property must be an Oregon rental property or condominium building with five or more units (properties with fewer than five units, please visit the Small Multifamily pages). The property’s energy must be primarily delivered by Portland General Electric, Pacific Power, NW Natural or Cascade Natural Gas to qualify for Energy Trust cash incentives. Energy-saving improvements must meet program requirements.
- Find a Trade Ally contractor (if applicable)
- Install your new qualified equipment
- Submit paperwork:
- Form 320P (DOC) - Incentive Application for Standard Equipment
- Proof of payment (invoice or receipt marked paid) and contractor's invoice (if applicable)
- Utility bill(s)
- IRS form W-9
*Note: A post-installation inspection may apply for all equipment not installed by licensed contractors. A post-installation inspection may also be performed if your incentive amount is over $5,000.
To learn more call 1.877.510.2130 or email.