Do I Qualify
- Be a PVREA member and apply within ninety days of purchase.
- Heat pump applications require commissioning records, certification, and an itemized invoice.
How Much Comes Off
| Equipment | Requirement | Amount |
|---|---|---|
| Ducted or ductless air-source heat pump | ≤1.5 tons; at least 7.8 HSPF2 and/or ENERGY STAR version 6.1; AHRI certified. | $500 per system |
| Ducted or ductless air-source heat pump | >1.5 tons; at least 7.8 HSPF2 and/or ENERGY STAR version 6.1; AHRI certified. | $1,500 per system |
| Dual-fuel heat pump bonus | Combined with propane or natural gas; heat pump is the home's main heat source. | $500 per system |
| Ground-source heat pump, new installation | Closed-loop or open-loop water source. | $500 per ton |
| Existing ground-source heat pump replacement | Closed-loop or open-loop water source. | $250 per ton |
| New smart thermostat | Eligible ENERGY STAR Wi-Fi device. | $25 per device |
| New smart thermostat with Power Peak Rewards | Eligible new device enrolled in Power Peak Rewards. | $100 per device |
| Existing smart thermostat enrollment | Eligible existing device enrolled in Power Peak Rewards. | $50 per device |
| Power Peak Rewards annual participation | Eligible enrolled thermostat participation. | $30 per year |
Who Files It
The member submits the rebate application and supporting documents. Payment is a bill credit or check.
The money is paid to the homeowner.
The Steps to Apply
- Buy and install eligible new equipment.
- Submit the appropriate rebate form and required documents within ninety days.
Read on October 22, 2026 from the Poudre Valley REA page. A change to this program is a dated line in the changelog.