A heat pump is the most advanced and efficient heating and cooling system available today. With over 55% of annual household energy expenses attributed to heating and cooling, energy experts recommend heat pumps because they are the most economical way to keep your home comfortable year-round.Choosing an energy efficient heat pump is the best purchase you can make for your home. In fact, a heat pump is an ideal heating and cooling option for almost any building. Using a heat pump and insulating your duct work will make a big impact on those heating and cooling bills.
How do Heat Pumps work?
A heat pump is basically an air system with a reversing valve. These systems use electricity to move the heat found naturally in the air or ground to keep your home or business comfortable year-round. During the cooling season, a heat pump moves warm air out of your home creating a cool indoor environment just like an air conditioner. During the heating season, a heat pump extracts warm air from outside or beneath the ground and moves it into your home.

Heat Pump Rebates
Ground Source Heat Pumps |
Rebate |
Ground source heat pump incentive for new installation |
$700/ton |
Ground source heat pump incentive for existing heat pump replacement |
$450/ton |
Desuperheater device from a ground source heat pump (geothermal) |
$100/unit |
Standard Air Source Heat Pumps |
|
Requirements 2 tons or less (rebate incentive or 50% of equipment cost, whichever is less) 2.1 tons or larger (rebate incentive or 50% of equipment cost, whichever is less) |
$900 $2,000 |
Cold Climate Air Source Heat Pumps |
|
Requirements 2 tons or less (rebate incentive or 50% of equipment cost, whichever is less) 2.1 tons or larger (rebate incentive or 50% of equipment cost, whichever is less) |
$1,500 $2,800 |
Evaporative Water Cooler | $200 |
Must be a minimum 2,500 CFM Limited to 2 per account No window or portable units are eligible |
|
Split System Air Conditioners | $100 |
Must be ENERGY STAR rated Minimum of 16 SEER or 15.2 SEER2 Must be 1 ton or greater Window units do not qualify |
Desuperheater device from a Ground Source Heat Pump (geothermal)
How to Qualify and Get Started
- Install your system prior to submitting your rebate
- Submit an application online within 90 days of installation with the following documentation:
- Air Source Heat Pumps:
- A copy of the manufacturer's start up commissioning form or Select-HVAC commissioning form (Commissioning Form)
- Manufacturer's data sheet including SEER and HSPF rating and AHRI-tested certification
- Invoices (Must include unit cost)
- Ground Source Heat Pumps:
- A copy of the contractor's ground loop design to support target loop temperatures and unit overall seasonal performance.
- A copy of the manufacturer's start up commissioning form or Select-HVAC commissioning form (Commissioning Form)
- Manufacturer's data sheet including EER & COP rating
- Invoices for both the heat pump unit and the associated loop installation. (Must include unit cost)
- Air Source Heat Pumps:
Poudre Valley REA has the Select-HVAC contractor program – a preferred list of experienced and qualified Heating, Ventilation and Air Conditioning (HVAC) Contractors who are qualified to get your job done. View the list of companies here.