Do I Qualify
- Have an active HCE account in good standing.
- Enroll in Peak Time Payback or an accepted Power program.
- Complete the HCE heat pump quality form and Manual J calculation.
- Apply within ninety days of the invoice date.
How Much Comes Off
| Equipment | Requirement | Amount |
|---|---|---|
| Heat pump for heating and cooling | Cold climate ducted or ductless, ground-source, air-to-water, or split-hydronic system. | $3,500 per project |
| Income-qualified heat pump | Eligible heat pump; household income below 150% county AMI. | $7,000 per project |
| Smart or programmable thermostat | Electrically heated building. | $50 per thermostat |
| Income-qualified smart or programmable thermostat | Electrically heated building; household income below 150% county AMI. | $100 per thermostat |
Who Files It
The member applies for the rebate. Local Energy Smart partners verify income when needed.
The money is paid to the homeowner.
The Steps to Apply
- Confirm equipment and any income-qualified amount with HCE.
- Have the contractor complete installation and the heat pump quality form.
- Submit the application and detailed invoice within ninety days.
Read on October 22, 2026 from the Holy Cross Energy page. A change to this program is a dated line in the changelog.