Heat Pump Rebates

This program applies to installations in buildings (both existing and new). Generally, each building or complex can only qualify once for these rebates, unless significant building additions cause the installation of additional heat pumps, or at least ten years have 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. 

Rebate Requirements

Any individual unit ≤ 65,000 BTU/hour can qualify by meeting the WISE Residential Rebate criteria. Commercial, industrial or institutional customers are rebated at the commercial rebate amounts as listed below and do not qualify for the residential rebate amounts.

Any individual unit > 65,000 BTU/hour can qualify by meeting the following criteria.

Effective January 1, 2019 rebate amounts are as follows:
*Units are recommended to be installed by IGSPHA qualified heat & air contractor.
Type of Heat Pump Rebate Amount Requirements
Air-Source/Dual Fuel
Minimum 16 SEER rating
Energy Star Certified Light Commercial HVAC
Ground Source (Geothermal)*
$800/ton Minimum 17.1 EER rating
  1. Current Energy Star minimum ratings used by this program are 16 SEER for Air-Source/Dual Fuel heat pumps. 
  2. Current Energy Star minimum ratings used by this program are 17.1 EER for closed-loop geothermal heat pumps.
  3. Customers' classification (residential, commercial, industrial or institutional) is determined by the city's rate category for the customer.
  4. All rebate standards and amounts are subject to review and change as deemed necessary by Edmond Electric.

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 must 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 conversation from other type of HVAC system.
      • 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 - $200/ton.
  • Dual-fuel heat pumps qualify provided they meet installation criteria.
    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. 
  • 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.