MidAmerican Energy Company customers, Iowa · Instant discount
MidAmerican Energy Instant Discounts (residential HVAC and heat pump water heaters)
Run by MidAmerican Energy Company
MidAmerican Energy customers in Iowa get an instant discount at purchase on high-efficiency heat pumps, central air conditioners, geothermal heat pumps, heat pump water heaters and natural gas furnaces bought through a participating provider in 2026.
Amounts
How much you get
A fixed discount per unit, taken off the price by a participating distributor or contractor: air-source heat pumps $300 to $713, ductless heat pumps $375 or $525, central air $263 or $413 ($150 per ton for large units), geothermal heat pumps $900 or $1,200, desuperheaters $113, heat pump water heaters $225, and natural gas furnaces $2.40 per 1,000 Btuh of input rating. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| 17.0+ SEER2Cold climate air-source heat pump | $713 |
| 17.0+ SEER2Air-source heat pump | $563 |
| 15.2 to under 17 SEER2Cold climate air-source heat pump | $563 |
| 15.2 to under 17 SEER2Air-source heat pump | $300 |
| Cold climate ductless split heat pump | $525 |
| Ductless split heat pump | $375 |
| 17+ SEER2Central air conditioner | $413 |
| 15.2 to under 17 SEER2Central air conditioner | $263 |
| 000 Btuh and up), per tonLarge central air conditioner (65 | $150 |
| 20+ EER and 4.0+ COPGeothermal heat pump | $1,200 |
| 17+ EER and 3.2+ COPGeothermal heat pump | $900 |
| Desuperheater | $113 |
| Heat pump water heater | $225 |
| 95%+ AFUE, per 1,000 Btuh inputNatural gas furnace | $2.4 |
Eligibility
Do I qualify?
You need to meet all 4 of these.
MidAmerican Energy residential customer in its Iowa service territory, and MidAmerican must provide the primary electricity or natural gas to the equipment. Electric equipment needs MidAmerican electric service; furnaces need MidAmerican gas service.
The discount is only available when the equipment is bought through a participating Instant Discounts provider.
What to doAsk your HVAC contractor whether it takes part in MidAmerican Instant Discounts, or find one with MidAmerican's provider search. If your contractor isn't listed or the system is already installed, call 877-932-0616. Get a quote from a contractor
Equipment must be new, not bought for resale, and purchased, installed and operating between January 1 and December 31, 2026.
Instant Discounts can't be combined with any other MidAmerican rebate or incentive, including the mail-in rebates.
Equipment
What equipment counts
The program sets these minimums.
Gas only, 225,000 Btuh or less, AFUE 95% or higher.
Under 65,000 Btuh, 15.2 SEER2 or higher and 9.0 EER2 or higher.
Under 65,000 Btuh, 15.2 SEER2 or higher, 8.0 EER2 or higher, 8.0 HSPF2 or higher (8.1 HSPF2 for cold climate).
Under 65,000 Btuh, over 17.0 SEER2, 8.0 EER2 or higher, 10.0 HSPF2 or higher.
GLHP tested values, 17 EER and 3.2 COP or higher (full load).
120 gallons or less; 240 volts 3.3 UEF or higher, 120 volts and split systems 2.2 UEF or higher.
All equipment must conform to AHRI.
Applying
How to apply
The discount comes off at the register. Equipment must be bought, installed and operating by December 31, 2026; the discount is taken at purchase, so there is no form to file.
- Find a participating provider.
Use MidAmerican's provider search or ask your contractor whether it offers MidAmerican Instant Discounts.
- Choose qualifying equipment.
Check the efficiency requirements on the Instant Discounts reference sheet.
- Buy and install by December 31, 2026.
The provider deducts the discount from the purchase price. No paperwork for you.
Forms and instructionsMidAmerican Energy and Alliant Energy HVAC Instant Discounts Program, residential (January 2026) · 2026 Iowa Residential Programs qualifications and conditions - MidAmerican Energy
Questions about applying877-932-0616 or energyexpert@midamerican.com
Stacking
Use it with
Can’t be combined withResidential Equipment Rebates (MidAmerican Energy, Iowa)
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 MidAmerican Energy Instant Discounts (residential HVAC and heat pump water heaters) pay?
$2.4 to $1,200, depending on what you install. The table under How much you get lists each amount.
Do I need to be a MidAmerican Energy Company customer?
Yes. It’s only for homes in MidAmerican Energy Company customers, Iowa. See Do I qualify for the details.
Do I have to use a contractor?
Yes. The discount is only available when the equipment is bought through a participating Instant Discounts provider.
What’s the deadline?
Apply by December 31, 2026.
Is it still available?
Yes. It was open when we last checked, on October 28, 2026.
Plain words
Words used on this page
- SEER2 and EER2
- Cooling efficiency ratings on the model’s spec sheet. Higher is better.
- HSPF2
- A heat pump’s heating efficiency rating. Higher is better.
- UEF
- A water heater’s efficiency rating. Higher is better.
References
Sources
This page is built from these official pages, run by the program itself.
- MidAmerican Energy and Alliant Energy HVAC Instant Discounts Program, residential (January 2026)
- Residential Instant Discounts and rebates - MidAmerican Energy
- 2026 Iowa Residential Programs qualifications and conditions - MidAmerican Energy
When one of these pages changes, we re-check this page against it.
Nearby
More in Iowa
MidAmerican Energy Company customers, Iowa
Equipment Tune-Up (MidAmerican Energy, Iowa)
Up to $115
MidAmerican Energy's Iowa residential customers get up to $85 off a gas furnace, central AC or air-source heat pump tune-up, and up to $115 off a gas boiler tune-up, from a Qualified Service Provider.
Checked Oct 28, 2026
MidAmerican Energy Company customers, Iowa
SummerSaver (MidAmerican Energy, Iowa)
$40 a year
MidAmerican Energy residential electric customers in Iowa who let MidAmerican adjust their smart thermostat on summer peak days earn a $40 bill credit each year.
Checked Oct 28, 2026
All of Iowa
Geothermal Heating & Cooling System Property Tax Exemption
Amount varies
Iowa homeowners who install a geothermal heating or cooling system pay no property tax on the value it adds to the home for ten years. File form 54-011 with your city or county assessor by February 1 of the first year you claim it.
Checked Oct 28, 2026