Eastern Iowa REC customers, Iowa · Rebate
Residential Air Source Heat Pump Rebate
Run by Eastern Iowa Light & Power Cooperative (Eastern Iowa REC)
Eastern Iowa REC members get $500 per ton for a cold-climate (NEEP-listed) air source heat pump, $300 per ton for an ENERGY STAR model and $200 per ton for a mini-split, plus $100 per ton for a hybrid system with gas backup and $150 when replacing gas heat.
Amounts
How much you get
Paid per ton of cooling capacity (AHRI Btuh divided by 12,000, rounded to the nearest half ton). The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| Per tonCold climate (NEEP certified) air source heat pump | $500 |
| Per tonENERGY STAR air source heat pump | $300 |
| Per tonMini-split heat pump | $200 |
| Added per tonHybrid system with gas backup | $100 |
| Per gas unit replacedFire to Wire bonus | $150 |
| First time, per homeHeat Plus rate meter | $100 |
Eligibility
Do I qualify?
You need to meet all 2 of these.
Member receiving electric service from Eastern Iowa Light & Power Cooperative (Eastern Iowa REC) at the address where the equipment is installed.
Heat pump must be ENERGY STAR certified (cold-climate models must be on the NEEP list), rated in the AHRI directory and at least 0.5 ton.
Equipment
What equipment counts
The program sets these minimums for heat pumps.
- Heat pumps
ENERGY STAR certified; NEEP cold-climate list for the $500/ton tier.
Applying
How to apply
Apply within six months of the purchase date (per the invoice); the 2026 forms cover purchases on or after January 1, 2026.
- Check the equipment.
ENERGY STAR certified (or on the NEEP cold-climate list) and rated in the AHRI directory; split systems need both a new outdoor unit and a new indoor coil.
- Install the heat pump.
- Apply within six months.
Use the SmartHub online form or the 2026 PDF form with a copy of the sales invoice.
- Receive the rebate.
Amounts under $500 are credited to the electric bill unless you ask otherwise; larger amounts are mailed as a check.
Forms and instructions, including for applying by mailRebates - Eastern Iowa REC · Eastern Iowa REC 2026 Residential Air Source Heat Pump rebate form · Eastern Iowa REC 2026 Residential Marketing Incentives Overview
Questions about applying855-938-3616
Stacking
Use it with
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 Residential Air Source Heat Pump Rebate pay?
$100 to $500, depending on what you install. The table under How much you get lists each amount.
Do I need to be a Eastern Iowa REC customer?
Yes. It’s only for homes in Eastern Iowa REC customers, Iowa. See Do I qualify for the details.
What’s the deadline?
No fixed deadline. Apply any time while it’s open.
Is it still available?
Yes. It was open when we last checked, on October 28, 2026.
Plain words
Words used on this page
References
Sources
This page is built from these official pages, run by the program itself.
- Rebates - Eastern Iowa REC
- Eastern Iowa REC 2026 Residential Air Source Heat Pump rebate form
- Eastern Iowa REC 2026 Residential Marketing Incentives Overview
When one of these pages changes, we re-check this page against it.
Nearby
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Eastern Iowa REC customers, Iowa
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Eastern Iowa REC members installing a geothermal heat pump get $500 per ton with a new closed loop or $200 per ton when only the unit is replaced, plus $100 per ton for hybrid systems with gas backup.
Checked Oct 28, 2026
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Checked Oct 28, 2026
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Checked Oct 28, 2026