Electric forced-air furnace to air-source heat pump conversion rebate

For electric customers

What you get

heat pump

Get a $1,500 rebate when you replace your electric forced-air furnace with a qualifying unitary air-source heat pump (ducted or ductless).

Get a $4,000 rebate when you replace your electric forced-air furnace with a qualifying ducted cold climate heat pump (ducted only).

See if you qualify for a $2,400 Efficiency Boost rebate based on your income.

Do I qualify?
customer requirements
Customer requirements
  • You must be a current PSE single family residential electric customer. Single-family new construction, multifamily (five or more attached units) and commercial accounts are not eligible.
  • Your primary and current space heating system* must be an electric forced-air furnace.
  • Customers with existing natural gas forced-air furnaces or natural gas boilers are not eligible.
  • Customers with existing heat pumps, or have installed a new heat pump as air conditioning only are not eligible.


*Unsure if electric forced-air is your primary heating system? Contact one of our Energy Advisors.

Equipment requirements
Equipment requirements

Electric forced-air furnace to air-source heat pump conversion:

  • Your new traditional unitary heat pump system must be AHRI Certified®
  • Heat pump must have an HSPF of at least 8.5, or HSPF2 of at least 7.5. For units that have both HSPF and HSPF2, the HSPF rating will be used to determine eligibility.
  • Must install to comply with all federal, state and local code requirements.

Electric forced-air furnace to ducted cold climate heat pump conversion:

  • Your new ducted cold climate heat pump system must be AHRI Certified® and ENERGY STAR® Cold Climate certified.
  • Must install to comply with all federal, state and local code requirements.
  • Ductless heat pumps are not eligible for this incentive.
  • Qualified equipment models can be found here on the "Ducted" tab as Cold Climate Designated.
  • Only valid for systems installed between June 19, 2023 and Dec. 31, 2023.
rebates requirements
Rebate requirements
  • You will need an electronic image of your paid installation invoice and purchase receipt for your installed product(s). These documents must include: an installation date, installation address, brand, model number(s) of all rebated equipment (include the heat pump, air handler and/or coil model number on the invoice), and amount paid.
  • Your rebate application must be submitted within 30 days of equipment purchase.
  • Rebates only available on new, qualifying equipment.
  • Equipment that is replaced under warranty will not be eligible for second rebate.
  • One rebate per qualified single-family residence.
  • Rebate cannot exceed the pre-tax purchase price of any rebated product.

You may also qualify for a higher rebate if you live in a manufactured/mobile home. Learn more here.

For rebates for multifamily buildings, apartments or condos, click here.

In addition to your PSE rebate, you may be eligible for a federal tax credit on qualifying energy-efficient equipment. For updated details and to learn more click here.

Shopping for a new heat pump?

High-efficiency heat pumps are great option for upgrading your heating system even if you do not have electric resistance or electric forced air heating in your home.

PSE works with manufacturers, distributors, and contractors to provide discounts on high efficiency heat pumps.


Tip: Speak with your contractor regarding how this discount might apply to your HVAC project.

View qualifying models for possible pass-through discounts from your contractor.

income-qualified higher rebates
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Have questions about PSE's green options, including energy efficiency tips and rebates, contractor referrals, electric cars and renewable energy options? We're here to help.

Call us at 1-800-562-1482, Monday through Friday 8 a.m. to 5 p.m. or contact us below.

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Request a PSE Recommended Energy Professional (REP) to complete your energy efficient improvement upgrade.