Energy Trust Incentives
For an upgrade from an electric furnace, baseboard, wall heater or ceiling heat
High-efficiency heat pump, HSPF 9.0: $450
High-efficiency heat pump, HSPF 9.5: $700
For an upgrade from an old heat pump or replacing non-electric heat (examples include: propane, wood or oil)
High-efficiency heat pump, HSPF 9.0: $250
High-efficiency heat pump, HSPF 9.5: $500
Incentive offer is subject to funding availability and may change. Heat pump must be used as the primary heat source; back-up systems do not qualify for an incentive.
Heat pump optimization: $150
(CheckMe!® or Performance Tested Comfort SystemsTM commissioning)
For ductless heat pump information, click here.
Heat pump advanced controls: $250 for your existing system. Help prevent your furnace from turning on when it’s not needed and save up to 15 percent of the energy you use to heat your home. You may lower annual heating costs by up to $95, without the expense of buying a new heat pump.
Savings Within Reach
Moderate-income residents in Oregon who participate in Savings Within Reach are eligible to receive an increased cash incentive when a participating contractor installs a qualifying heat pump. Special requirements apply. See all available cash incentives for moderate-income residents.
Oregon residential energy tax credit: An Oregon tax credit may be available. View availability and requirements. Ask your tax professional for complete details.
Federal energy tax credit: A federal tax credit may be available. View availability and requirements. Ask your tax professional for complete details.
Heat pump must be used as the primary heat source; back-up systems do not qualify for an incentive. Ductless heat pumps (also called "mini splits") do not qualify for this incentive.
Oregon customers of Portland General Electric or Pacific Power are eligible to participate.
Energy Trust does not pay incentives for energy-efficiency improvements that are mandated for building code compliance, such as remodeling, renovation or new additions to the home.
Incentives are not intended to influence consumer decisions on fuel sources.
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 completed.
To receive an Energy Trust cash incentive, contact a qualified, energy-efficiency-trained Energy Trust trade ally contractor or any contractor with a current Oregon Construction Contractors Board license.
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:
Energy Trust of Oregon
P.O. Box 40508
Portland, OR 97240
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. To complete your application, you'll be required to enter information such as the installation date, equipment serial/model number and efficiency rating, as well as a scanned copy or legible digital photo of your contractor’s invoice and Check Me! certification (if applicable).
If you are unable to use the online application, complete and then mail or fax Energy Trust Form 320H (PDF | Doc) along with your contractor's invoice marked "paid in full" to receive a cash incentive for heat pump improvements.