Energy Trust Incentives
Option 1: For an upgrade from an old heat pump or replacing non-electric heat (example: propane, wood or oil)
High-efficiency heat pump: $200
Minimum efficiency HSPF 8.8, on units 5 tons or greater
OR
Premium efficiency heat pump: $250
Minimum efficiency HSPF 9.0 or greater, any size unit
Option 2: For an upgrade from an electric furnace, baseboard, wall heater or ceiling heat
High-efficiency heat pump: $400
Minimum efficiency HSPF 8.8, on units 5 tons or greater
OR
Premium efficiency heat pump: $450
Minimum efficiency HSPF 9.0 or greater, any size unit
Option 3: Multiple-improvement bonus package—up to $1,335
Maximize your cash back and energy savings! Get a $300 bonus when you combine heat pump optimization, plus duct testing and sealing, with a premium-efficiency electric heat pump.
Multiple-improvement packages must be installed by a participating Energy Trust trade ally. Incentives must be applied for simultaneously and each additional upgrade must be installed within 90 days of the first improvement project.
Here’s how it works:
Premium-efficiency heat pump: up to $450
Heat pump optimization: $150
(CheckMe! diagnostic testing)
Duct testing and sealing: up to $435
(Performed with a Duct Blaster)
Heat Pump Premium Installation Package: $300 bonus
To receive this bonus in addition to standard cash incentives, you must install a high-efficiency heat pump upgrade or replace your electric furnace with a qualifying unit, perform CheckMe! analysis commissioning and complete duct sealing, per Energy Trust guidelines.
Note: Energy Trust no longer pays incentives for gas furnaces that are used as backup for high-efficiency heat pumps, also known as hybrid systems. We do pay incentives for qualified heat pumps.
Incentive offer is subject to availability of funding and may change.
Tax Credits
Oregon Residential Energy Tax Credit: up to $430
Heat pump must meet Oregon tax credit criteria; see Oregon Department of Energy or your accountant for complete details.
Federal energy tax credit: 30 percent of cost, up to $1,500. See rules and requirements.
Other Rebates
Low-income homeowners in Oregon may qualify for the state's Appliance Rebate Program. Visit the Oregon Housing and Community Services website for details.
Oregon customers heating their homes with electricity or natural gas from Portland General Electric, Pacific Power, NW Natural or Cascade Natural Gas can participate. If you are eligible, schedule a one-hour Home Energy Review to identify energy saving opportunities in your home. Or consider a Home Performance with ENERGY STAR® assessment for comprehensive recommendations.
Homes that heat with oil, propane, kerosene, butane or wood can conduct their own energy audit and apply for cash rebates for installed weatherization upgrades through the Oregon Department of Energy's SHOW (State Home Oil Weatherization) program.
Energy Trust does not pay incentives for energy-efficient improvements that are mandated for building code compliance, such as remodeling, renovation or new additions to the home.
Follow these easy steps to get cash for installing a high-efficiency heat pump in your home:
1: Establish your eligibility.
2: Select a contractor and have the work done.
To receive an Energy Trust cash incentive, contact a quality, energy-efficiency trained Energy Trust trade ally contractor or any contractor with a current Oregon Construction Contractors Board (CCB) license.
If you plan to apply for the Heat Pump Premium Installation Package, you must also install duct sealing and work with a trade ally contractor to install both upgrades.
3: Submit your application within 90 days of installation. Often, your contractor will help you complete the application form. Use our online application or mail or fax your signed and completed paper application form along with your contractor's invoice—marked “paid in full”—to:
Mail:
Energy Trust of Oregon
Home Energy Solutions
P.O. Box 847
Portland, OR 97207
Fax: 1.866.516.7592
Please allow six to eight weeks for incentive processing and payment.
Questions? Call us at 1.866.368.7878.
Use our online form to apply for your heat pump cash incentive. You'll need to enter information such as the installation date, equipment serial/model number and efficiency rating in order to complete your application, so please gather this information before beginning. Additional instructions for submitting your contractor's invoice and other supporting documentation will be provided during the application process.
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If you are unable to use the online application, you may also complete and mail or fax Energy Trust Form 320H (along with your contractor’s invoice marked “paid in full”) to receive cash back for heat pump improvements.