Are these rebate amounts exact?

No. They’re placeholders based on common tier structures. Check your local/state program for specifics.

Does this include installation?

Not explicitly. Adjust cost if your program covers labor/installation.

Can I stack this with tax credits?

Often yes. This calculator only shows the rebate; combine with credits separately.

What if my program has different tiers?

Update the rebate amounts/tiers in the inputs or logic to match your program.

Is income verification required?

Real programs verify income. This tool is for planning only.

energy calculator

Heat Pump Rebate Calculator

Estimate a simplified heat pump rebate based on equipment cost and income as % of AMI.

Results

Base rebate: $8,000
Rebate (capped by cost): $8,000
Net cost after rebate: $1,000

How to use this calculator

Enter heat pump equipment cost.
Enter your income as % of AMI.
Review estimated rebate and net cost after rebate.

Inputs explained

Income % of AMI: Used to determine rebate tier. Defaults to a common tier structure.
Equipment cost: Used to cap the rebate so it doesn’t exceed cost.

How it works

Income tiers: ≤80% AMI → larger rebate; 80–150% → smaller rebate; >150% → no rebate (values configurable here).

Rebate is capped at the equipment cost.

Formula

Rebate tier: ≤80% AMI → $8,000; 80–150% → $4,000; >150% → $0
Rebate capped at equipment cost
Net cost = Cost − Rebate

When to use it

Quick estimate of rebate for budgeting heat pump installs.
Comparing net cost for different income tiers.
Checking if your cost would be fully or partially offset by the rebate.

Tips & cautions

Actual rebates vary by program; adjust tiers/amounts as needed.
Include installation/labor separately if program covers them.
Combine with tax credits separately for a full incentive view.
Simplified; real programs have detailed rules, caps, and eligibility criteria.
Does not include stackable incentives beyond this rebate.
Assumes rebate applies to equipment cost only.

Worked examples

$9,000 cost, 70% AMI

Tier rebate = $8,000
Capped at cost → $8,000
Net ≈ $1,000

$6,000 cost, 130% AMI

Tier rebate = $4,000
Net ≈ $2,000

Deep dive

Estimate a heat pump rebate using income as % of AMI and equipment cost to see rebate and net cost.

Use this as a quick budgeting tool; check your local program for exact amounts.

FAQs

Are these rebate amounts exact?: No. They’re placeholders based on common tier structures. Check your local/state program for specifics.
Does this include installation?: Not explicitly. Adjust cost if your program covers labor/installation.
Can I stack this with tax credits?: Often yes. This calculator only shows the rebate; combine with credits separately.
What if my program has different tiers?: Update the rebate amounts/tiers in the inputs or logic to match your program.
Is income verification required?: Real programs verify income. This tool is for planning only.

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Simplified rebate estimate. Actual incentives vary by jurisdiction and program. Verify eligibility, amounts, and stacking rules with your program administrators.