HVAC Rebates & Tax Credits
We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change.
Check current incentives before you buy
Available incentives depend on your utility, equipment and installation date. Ask us to confirm the current Energy Trust of Oregon and utility offers in your written estimate. Do not include the federal Energy Efficient Home Improvement Credit in savings for a new 2026 installation; the IRS lists that credit for qualifying improvements through 2025.
We Handle the Paperwork
Every qualifying installation includes manufacturer certification statements and detailed invoices for your records. We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change. For how the federal credit applied to improvements through 2025, see our heat pump tax credits 2025 guide.
Energy Trust of Oregon Rebates
Energy Trust rebates are paid directly to you or applied to your installation cost — whether it’s a heat pump installation project or another qualifying upgrade, we handle the entire rebate application process as an approved Trade Ally.
| Equipment | Notes |
|---|---|
| Ducted Heat Pump (Cold Climate) | HSPF2 ≥ 7.8 qualifies for highest tier. Income-qualified households eligible for bonus incentives. |
| Ductless Mini Split Heat Pump | Per outdoor unit. Higher rebates for replacing electric resistance heating. |
| Central Air Conditioner (16+ SEER2) | Higher incentives when paired with smart thermostat installation. |
| High-Efficiency Gas Furnace (95%+ AFUE) | Must be installed by Energy Trust trade ally contractor. |
| Smart Thermostat | Must be ENERGY STAR certified. Higher rebate when combined with HVAC upgrade. |
| Heat Pump Water Heater | We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change. |
Income-Qualified Bonus
Households earning up to 200% of federal poverty level may qualify for enhanced incentives, up to double the standard rebate amounts.
Learn about Savings Within ReachTrade Ally Contractor
Efficiency Heating & Cooling is an Energy Trust Trade Ally (CCB #187834). This means faster rebate processing and access to all available incentives.
About Our CertificationsUtility Company Rebates
Portland-area utilities offer additional rebates and bill credits. We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change.
Enroll in PGE Smart Thermostat program
Allow peak-event adjustments during high demand
Annual maintenance by qualified contractor
Submit paperwork within 60 days of install
95%+ AFUE, installed by licensed contractor
Maintain gas furnace backup with heat pump
Stack Your Savings
See how Portland homeowners combine multiple incentives to maximize their HVAC investment.
Cold Climate Heat Pump Installation
Starting at $12,000
Energy Trust of Oregon rebates and utility incentives may apply; confirmed in your written estimate.
High-Efficiency Furnace + AC Combo
Starting at $15,000
Energy Trust of Oregon rebates and utility incentives may apply; confirmed in your written estimate.
Ductless Mini Split (3 zones)
Starting at $18,000
Energy Trust of Oregon rebates and utility incentives may apply; confirmed in your written estimate.
*Estimates based on typical installations. Actual savings vary by equipment selection, home size, and eligibility. Income-qualified households may receive additional incentives.
Read Our Complete Rebate Stacking GuidePortland Clean Energy Fund (PCEF)
Grants for Income-Qualified Households
Potential Benefits
- Grants covering 60-100% of HVAC costs
- No repayment required
- Covers heat pumps, weatherization, and IAQ
- We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change.
Eligibility
- • Household income under 80% area median
- • Portland resident (priority ZIP codes available)
- • Renters and homeowners eligible
- • Application must be approved before work begins
We help income-qualified households navigate PCEF applications. Contact us for a free eligibility assessment.
Check Your Eligibility: 503-698-5588Rebate FAQs
Related Resources
Rebate Stacking Strategies
Complete guide to maximizing your HVAC incentives in Portland.
Heat Pump Tax Credits Guide
Everything you need to know about heat pump incentives.
Financing Options
Flexible financing options available with approved credit.
Energy Savings Calculator
Estimate your potential savings with high-efficiency HVAC.
Ready to Save Thousands?
Get a free estimate. We'll identify the current utility and Energy Trust incentives your installation may qualify for and list confirmed savings in your estimate. Eligibility and offers can change.
Rebates, Tax Credits & Savings Guides
Expert insights from our Portland HVAC professionals