Southwest Iowa Rural Electric Cooperative customers, Iowa · Rebate
Southwest Iowa REC Residential Incentives
Run by Southwest Iowa Rural Electric Cooperative
Southwest Iowa REC members can get 2026 rebates on geothermal ($200 to $400 per ton) and air-source heat pumps ($200 to $400 per ton plus bonuses), heat pump water heaters ($650), electric water heaters, Level 2 EV chargers (50% up to $500), HRVs, ENERGY STAR washers and dryers, and insulation in pre-2000 homes (up to $2,200, or $2,800 for LIHEAP households).
Amounts
How much you get
Geothermal closed loop $400 per ton, open loop $300 per ton, unit only $200 per ton. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| Closed loop (per ton)Geothermal heat pump | $400 |
| Open loop (per ton)Geothermal heat pump | $300 |
| Existing loop (per ton)Geothermal unit only | $200 |
| Cold climate air-source heat pump (per ton) | $400 |
| Standard air-source heat pump (per ton) | $200 |
| ENERGY STAR heat pump bonus | $250 |
| Gas backup (additional per ton)Hybrid add-on heat pump | $100 |
| ENERGY STAR central air conditioner (split system) | $100 |
| ENERGY STAR heat pump water heater | $650 |
| 40+ gallonsResistance storage water heater | $75 |
| Resistance storage water heater with first-time Heat Plus account | $125 |
| Resistance storage water heater with geothermal desuperheater | $150 |
| Once per residence)Go Electric bonus (new account | $175 |
| Level 2 EV charger (50% of installed cost) | 50% |
| EV-ready 240V garage outlet | $100 |
| Heat/energy recovery ventilator (per unit) | $250 |
| ENERGY STAR clothes washer | $40 |
| ENERGY STAR electric clothes dryer | $20 |
| Electric heat (60% of cost)Weatherization | 60% |
| Central AC only (15% of cost)Weatherization | 15% |
| LIHEAP participant with electric heat (80% of cost)Weatherization | 80% |
Eligibility
Do I qualify?
You need to meet all 4 of these.
Southwest Iowa REC member.
Weatherization: residential homes built before 2000 (no new additions), with electric heat and/or central air conditioning; total project cost $150 or more.
The higher weatherization rebate needs participation in the Iowa LIHEAP program at the time of installation.
Rebates are pro-rated if the member has distributed generation.
Equipment
What equipment counts
Applying
How to apply
You apply by mail. Within six months of the purchase date.
- Contact the co-op before installing HVAC equipment.
Confirm the system qualifies.
- Fill out the fillable form for each measure.
Include a copy of the purchase receipt with brand, model and serial numbers.
- Mail or drop off the form.
Corning: 2248 Avenue of Industries, Corning, IA 50841. Mount Ayr: 1502 W South Street, Mt. Ayr, IA 50854. Apply within 6 months of purchase.
Purchase receipt with brand, model and serial numbers
Forms and instructions, including for applying by mailSouthwest Iowa REC Residential Geothermal form R2A (2026) · Southwest Iowa REC Residential ASHP/AC form R2B-2 (2026) · Southwest Iowa REC Residential Water Heaters form R3 (2026) · Southwest Iowa REC Residential Level II Charger form R14 (2026) · Southwest Iowa REC Residential Clothes Washer and Dryer form R6 (2026) · Southwest Iowa REC Residential Weatherization form R10 (2026) · Southwest Iowa REC Residential Weatherization - LIHEAP form R10-L (2026) · Southwest Iowa REC Residential Heat Recovery Ventilation form R4 (2026)
Questions about applying(888) 220-4869
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 Southwest Iowa REC Residential Incentives pay?
$20 to $650, depending on what you install. The table under How much you get lists each amount.
Do I need to be a Southwest Iowa Rural Electric Cooperative customer?
Yes. It’s only for homes in Southwest Iowa Rural Electric Cooperative 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.
- Southwest Iowa REC - Rebates
- Southwest Iowa REC Residential Geothermal form R2A (2026)
- Southwest Iowa REC Residential ASHP/AC form R2B-2 (2026)
- Southwest Iowa REC Residential Water Heaters form R3 (2026)
- Southwest Iowa REC Residential Level II Charger form R14 (2026)
- Southwest Iowa REC Residential Clothes Washer and Dryer form R6 (2026)
- Southwest Iowa REC Residential Weatherization form R10 (2026)
- Southwest Iowa REC Residential Weatherization - LIHEAP form R10-L (2026)
- Southwest Iowa REC Residential Heat Recovery Ventilation form R4 (2026)
When one of these pages changes, we re-check this page against it.
Nearby
More in Iowa
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
All of Iowa
Low-Income Home Energy Assistance Program (LIHEAP)
Up to $800
One-time help of $80 to $800 toward winter heating bills for Iowa households at or below 200% of the federal poverty level, plus crisis help such as furnace repair or replacement for homeowners. Apply at your county's Community Action Agency through April 30.
Checked Oct 28, 2026
All of Iowa
Weatherization Assistance Program
Work done at no cost
Free energy efficiency and safety upgrades, such as attic and wall insulation, air sealing and furnace work, for Iowa homeowners and renters with income at or below 200% of the federal poverty level. Apply at your county's Community Action Agency.
Checked Oct 28, 2026