Heat Pump Pricing Index

Alaska Heat Pump Rebates

Stackable incentives available to Alaska homeowners installing a qualifying heat pump in 2026.

Max stackable total:$20,400(income-qualified)

What's available in Alaska

Alaska has no unified statewide heat pump rebate, but ACES (Accelerating Clean Energy Savings) is a large EPA-funded coastal-communities program running through Alaska Heat Smart. Chugach Electric and Homer Electric offer modest utility rebates. AHFC has not launched the state HEEHRA implementation as of late 2025.

Federal §25C tax credit
$2,000
30% of project, capped
Federal HEEHRA rebate
$8,000
Income-qualified only (≤80% AMI)
Alaska non-income-qualified
$1,900
2 programs
Alaska income-qualified
$8,500
1 programs

Federal incentives

§25C tax credit: 30% of project cost up to $2,000, claimed via IRS Form 5695 for the tax year the system was installed. Locked in through 2032 by the Inflation Reduction Act.

HEEHRA rebate: Point-of-sale rebate up to $8,000 for households at or below 80% of area median income. Funded by the IRA, administered by each state. Alaska is currently accepting applications.

Alaska rebate programs

ACES Coastal Communities Heat Pump Rebate

$8,500
rebateIncome-qualified ≤80% AMI

EPA-funded program administered by Alaska Heat Smart for ~43 coastal communities from Metlakatla to Kodiak. Tiered at $4,000 / $6,000 / $8,500; top tier for households under 80% AMI.

Source: akheatsmart.org/aces

Chugach Electric Association Heat Pump Pilot

$900
rebate

Up to $900 for Anchorage-area Chugach residential members installing a qualifying heat pump system.

Source: chugachelectric.com

Homer Electric Association Heat Pump Rebate

$1,000
rebate

Up to $1,000 per qualified Kenai Peninsula install, split $500 on-bill credit to member and $500 to contractor. Funds limited.

Source: homerelectric.com

4 utility-specific programs not shown here. Enter your ZIP in the calculator to filter to just your utility.

Estimate your net cost

Used to determine HEEHRA eligibility (under 80% area median income).

Average installed cost
$12,500
Incentives offset 43% of the install−$5,400
  • Federal §25C tax credit−$2,000
  • Oncor Take A Look program−$1,200
  • CenterPoint Energy SCORE−$800
  • Austin Energy Heat Pump Rebate−$1,400
Estimated out-of-pocket$7,100

Estimate only. Tax credits require sufficient federal tax liability. Rebate stacking rules vary — confirm with your installer and utility before signing.

How to claim each rebate

  1. Get pre-approved (where required). Some utility programs require approval before install. Check program details before signing a contract.
  2. Use a participating contractor. Many programs require a licensed installer from an approved contractor list.
  3. Save documentation. AHRI certificate, model numbers, and itemized invoice are required for most utility rebates and the federal §25C credit.
  4. Submit utility rebate within 60–90 days of install. Some programs are first-come first-served and close mid-year.
  5. Claim federal credit at tax time using Form 5695 for the year you placed the system in service.

FAQ

Most Alaska households can stack the federal $2,000 tax credit with up to $1,900 in state and utility rebates. Income-qualified households (under 80% AMI) may also access the $8,000 HEEHRA rebate plus an additional $8,500 in income-qualified state programs.