Heat Pump Rebates

This program applies to installations in buildings (both existing and new). Rebates will not be approved for locations already rebated, unless significant building additions justify additional heat pumps, or at least 10 years has elapsed since the last rebate was approved for that location. Rebates will not be provided if it is determined the replacement unit will cause an increase in kilowatts, rather than a decrease.
Type of Heat Pump Rebate Amount Energy Star Rating Requirements
Air-Source/Dual Fuel $250/ton Minimum Energy Star SEER rating of 16.0
Ground Source (Geothermal)** $800/ton Minimum Energy Star EER rating of 17.1


  • Customers' classification (residential, commercial, industrial or institutional) is determined by the city's rate category for the customer.
  • All rebate standards and amounts are subject to review and change as deemed necessary by Edmond Electric.

How To Get Started

Edmond Electric offers FREE Home Energy Audits* for interested customers. Contact Edmond Electric at (405) 216-7608 to schedule your free energy audit** and learn what type of heat pump would work best for your home. New home construction will require a load analysis, which can also be performed by an Edmond Electric auditor.

*Due to Covid-19, Edmond  Electric is NOT do in home energy audits. Customers are able to take advantage of our Virtual Energy Assessment for rebates at this time. 
**Must apply within 90 days from the date of completed installation of heat pump.

A certified residential energy auditor must perform an energy audit for a residence prior to installation. Also, Edmond Electric personnel must inspect the equipment after installation to confirm that program requirements are met. For new homes, the audit can be performed using information provided by the builder; this information must be verified when the installed equipment is inspected by Edmond Electric personnel.

Qualifying Equipment

Electric heat pumps that meet the following criteria will qualify for rebates:
  • Air-source, water-source and ground-source (geothermal) heat pumps all qualify, provided they meet the minimum efficiency standards.
    • Geothermal heat pumps that meet the minimum EER rating, have at least one operating Integrated Water Heater or Desuperheater for domestic water heating, and is a new installation or conversion from other type of HVAC system qualifies for a rebate.
      • Replacement of a geothermal heat pump with a geothermal heat pump or if backup heat is non-electric, the unit(s) will be rebated the same as an air-source heat pump - $250/ton.
  • Dual-fuel heat pumps must be installed and maintained under the following conditions:
    1. Setpoint of outdoor thermostats must not exceed 40º Fahrenheit.
    2. Whenever outdoor temperatures exceed 40º Fahrenheit, the auxiliary heat source will only operate when the indoor thermostat is manually set on the emergency heat mode. 
  • Electric heat pumps must be permanently-installed split, single-packaged or through-the-wall to qualify.
  • The latest Air-Conditioning, Heating, and Refrigeration Institute (AHRI) Directories will be used to determine both the efficiency and capacity ratings for rebates.

How Much Could I Save?

The possible savings are dependent on a number of factors: type of heat pump installed, the age, insulation and size of your home, living habits and others.

Based on numbers compiled by Oklahoma Municipal Power Authority (OMPA), if you replaced your old gas furnace and air-conditioning unit with an air-source or dual-fuel heat pump you could potentially cut your heating and cooling bill in half.

If you replace your gas furnace and air-conditioning unit with a ground-source (Geothermal) heat pump, your yearly heating and cooling bill could be one-third of what it currently is.