Southern Iowa Electric Cooperative customers, Iowa · Rebate
Southern Iowa Electric Cooperative Heat Pump and Water Heater Rebates
Run by Southern Iowa Electric Cooperative
Southern Iowa Electric members can get rebates on geothermal heat pumps ($750 per ton new), ducted air-source heat pumps with fossil fuel backup ($400 to $600 per ton), ductless mini-splits ($300 per condensing unit) and electric heat pump water heaters ($1,050).
Amounts
How much you get
Ductless air-source heat pump/mini-split (ENERGY STAR, no electric auxiliary heat) $300 per condensing unit, two per meter. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| ENERGY STAR (per condensing unit)Ductless mini-split | $300 |
| Fossil fuel backup, new installation (per ton)Ducted air-source heat pump | $600 |
| Fossil fuel backup, replacement (per ton)Ducted air-source heat pump | $400 |
| New installation, 19.1 EER+ (per ton)Geothermal | $750 |
| 19.1 EER+ (per ton)Geothermal indoor unit replacement | $400 |
| Electric heat pump water heater | $1,050 |
Eligibility
Do I qualify?
You need to meet all 3 of these.
Southern Iowa Electric Cooperative member.
Ductless units cannot have electric auxiliary heat; ducted units need fossil fuel backup and HSPF2 8.1 or higher.
Rebates are subject to inspection by cooperative personnel.
Equipment
What equipment counts
The program sets these minimums for heat pumps.
- Heat pumps
Ducted: Minimum HSPF2=8.1, fossil fuel back-up required.
- Geothermal heat pumps
Minimum 19.1 EER Rating.
Applying
How to apply
You apply online.
- Install qualifying equipment.
- Apply online.
Use the 'Click here to apply for rebate' link on the rebate page.
Southern Iowa Electric Cooperative - Heating & Cooling Rebates
- Inspection if requested.
Forms and instructionsSouthern Iowa Electric Cooperative - Water Heater Rebates
Questions about applying(800)607-2027
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 Southern Iowa Electric Cooperative Heat Pump and Water Heater Rebates pay?
$300 to $1,050, depending on what you install. The table under How much you get lists each amount.
Do I need to be a Southern Iowa Electric Cooperative customer?
Yes. It’s only for homes in Southern Iowa Electric Cooperative customers, Iowa. See Do I qualify for the details.
Is it still available?
Yes. It was open when we last checked, on October 28, 2026.
Plain words
Words used on this page
- HSPF2
- A heat pump’s heating efficiency rating. Higher is better.
- Fossil-fuel heating
- Heating that burns gas, oil or propane.
References
Sources
This page is built from these official pages, run by the program itself.
- Southern Iowa Electric Cooperative - Heating & Cooling Rebates
- Southern Iowa Electric Cooperative - Water Heater Rebates
When one of these pages changes, we re-check this page against it.
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Checked Oct 28, 2026
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Checked Oct 28, 2026