Do I Qualify
- Have an active Service Classification 1 account.
- Remove the old equipment. Furnace rebates are limited to existing capacity.
- Install and operate the new equipment during January 1–December 31, 2026.
How Much Comes Off
| Equipment | Requirement | Amount |
|---|---|---|
| Natural gas furnace | ≤225 MBh; ≥95% AFUE; sealed combustion. | $200 per furnace |
| Natural gas furnace | ≤225 MBh; ≥97% AFUE; sealed combustion. | $225 per furnace |
| Smart thermostat | ENERGY STAR certified; separate weekday/weekend programs and multiple temperature settings. | $25 per thermostat |
Valid from January 1, 2026 to December 31, 2026.
Who Files It
The customer signs the application. Payment can go to the customer or an authorized contractor.
The provider pays either the contractor or the homeowner.
The Steps to Apply
- Keep your gas bill, itemized invoice and furnace AHRI certificate.
- Submit within 30 days of installation or by December 31, 2026, whichever comes first. Application and terms.
Read on October 22, 2026 from the Peoples Gas page. The chart was printed Valid Jan. 1, 2026 - Dec. 31, 2026. A change to this program is a dated line in the changelog.