Electric Heat Pump Rebates

Ducted, Ductless, & Radiant Air-Source Electric Heat Pumps

Incentives
  • $500 for systems equal to or less than 1.5 tons (18,000 BTUs).
  • $1,500 for systems greater than 1.5 tons (18,000 BTUs).
  • $500 bonus for ducted systems with propane backup heat (propane heating systems must be able to cover a minimum of 50% of home or building space (square footage) down to 17°F outdoor temp).
  • All air-to-water radiant systems: $500/ton.

Product Guidelines

  • Minimum eligibility (ducted and ductless): ENERGY STAR® certified version 6.1, minimum standard 7.8 HSPF2.
  • Incentive amount is the lower of the stated rebate or 50% of equipment cost.
  • AHRI certification and/or number required.
  • Manufacturer and model number required.
  • Multiple air-source heat pump systems per account require pre-approval. 
  • Itemized receipt, including the breakdown of equipment and labor.

Ground-Source Electric Heat Pump

Incentives
  • $500/ton for new installations.
  • $250/ton for existing unit replacement

Product Guidelines

  • New ground source heat pump systems and replacement heat pumps are eligible.
  • AHRI certification and/or number required.
  • Manufacturer and model number required.
  • Itemized receipt, including break down of equipment and labor.

Rebates Program Requirements and Information

  • Must be an MVEA member.
  • Rebate requests take 4-8 weeks to process and will reflect on your MVEA bill as a credit.
  • Rebates are for new product purchases only.
  • Applications must be submitted within 90 days of purchase date.
  • You must provide an itemized sales receipt showing the model number, proof of payment, and the breakout of equipment and labor if applicable.
  • Rebate program and products are subject to change at any time without notice.

Application Instructions

  • Fill out the online form application below or download and complete the fillable/printable 2025 Rebate Application Form (PDF) below and email or mail the completed form and copies of the receipt to MVEA’s Key Accounts Team.
    • Address for Mailing: Mountain View Electric Association, Attention: Key Accounts | 11140 E. Woodmen Rd., Peyton, CO 80831
  • Email required photos and/or copies of itemized receipts, including the breakout of equipment and labor to MVEA’s Key Accounts Team.
Online 2025 Rebate Application Form Printable Version of 2025 Rebate Application Form (PDF)