Parts of Alaska · Loan
Heat Pump Loan Program
Run by Alaska Heat Smart, with True North Federal Credit Union and Tongass Federal Credit Union
Low-interest personal loans for heat pump installation in coastal Alaska, arranged by Alaska Heat Smart. True North FCU lends up to $20,000 for up to 60 months across the ACES region; Tongass FCU lends up to $15,000 in Sitka. An Alaska Heat Smart home energy assessment is required.
Amounts
How much you get
Loan, not a grant. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| True North Federal Credit Union (ACES region) | N/A |
| Tongass Federal Credit Union (Sitka) | N/A |
Eligibility
Do I qualify?
You need to meet all 3 of these.
Your home is in Parts of Alaska.
You need an Alaska Heat Smart Home Energy Assessment report; the credit union requires it.
What to doGet a no-cost assessment: through an ACES application if your home is heated by oil, wood, propane or gas, or by applying for the assessment directly if it's electrically heated.
Loans are on approved credit. True North FCU serves the ACES region; Tongass FCU serves Sitka residents.
Equipment
What equipment counts
Applying
How to apply
You apply online.
- Get an Alaska Heat Smart home energy assessment report.
- Apply with the credit union.
True North FCU: choose Personal Loan, up to $20,000 and up to 60 months, with loan purpose 'Heat Smart Referral'. Tongass FCU (Sitka): follow the application instructions on its heat pump loan page.
- Give the loan officer your assessment report.
The report confirms your eligibility.
Forms and instructionsHigh Heat Pump Price Tag? AHS Assistance is Here! (Alaska Heat Smart, February 3, 2026) · Alaska Heat Smart: Contact
Questions about applying(907) 209-5717 or help@akheatsmart.org
Stacking
Use it with
Alaska Heat Smart offers the loans to cover costs above an ACES rebate.
Parts of Alaska
ACES: Accelerating Clean Energy Savings
Up to $8,500 back
Heat pump rebates of $4,000 to $8,500, set by household income, for homeowners and renters in 43+ coastal Alaska communities from Metlakatla to Kodiak whose main heat is oil, propane, gas or wood. There's no income cap on the $4,000 level. You must be approved before buying anything.
Checked Oct 27, 2026
Your address
Next steps
Check that it covers your address. Then, if you want, ask for a contractor quote.
Is it available at your address?
Before anything else
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does Heat Pump Loan Program pay?
Up to $20,000.
Do I need approval before I buy?
You need an Alaska Heat Smart Home Energy Assessment report; the credit union requires it. Get a no-cost assessment: through an ACES application if your home is heated by oil, wood, propane or gas, or by applying for the assessment directly if it's electrically heated.
Can I combine it with other rebates?
Yes, with ACES: Accelerating Clean Energy Savings. See Use it with.
Is it still available?
Yes. It was open when we last checked, on October 27, 2026.
Plain words
Words used on this page
References
Sources
This page is built from these official pages, run by the program itself.
- Heat Pump Loan Program (Alaska Heat Smart)
- High Heat Pump Price Tag? AHS Assistance is Here! (Alaska Heat Smart, February 3, 2026)
- Alaska Heat Smart: Contact
When one of these pages changes, we re-check this page against it.
Nearby
More in Alaska
Parts of Alaska
Alaska Carbon Reduction Fund Heat Pump Program
Amount varies
No-cost heat pump installations for lower-income homeowners in coastal Alaska communities from Metlakatla to Kodiak whose homes are heated by oil, propane, natural gas or wood. Household income must be at or below 80% of the area median; first come, first served.
Checked Oct 27, 2026
Parts of Alaska
Home Energy Assessment Program
Work done at no cost
A no-cost home energy consultation from Alaska Heat Smart, in person or virtual, for homes in the coastal ACES region from Metlakatla to Kodiak. You get a report on which heat pump would suit your home, issues to fix first, and available rebates and loans.
Checked Oct 27, 2026
Fairbanks North Star Borough County, Alaska
Change Out Programs (Fairbanks North Star Borough Air Quality Division)
Up to $17,500 back
The Fairbanks North Star Borough pays property owners in the PM2.5 nonattainment area up to $17,500 to replace or remove a wood, pellet or coal heater (including with a heat pump), and up to $9,000 to replace an oil heater with natural gas or propane.
Checked Oct 27, 2026