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Heating and Cooling Rebates

Geothermal Heat Pump (GSHP)

The yard around your home contains a vast reservoir of thermal energy to heat and cool your home. With a geothermal heating and cooling system, your lawn becomes a permanent energy source. You will enjoy the benefits of the most comfortable, reliable and cost-efficient heating, cooling and water heating system available on the market today. According to the EPA, replacing an ordinary HVAC system with geothermal is the environmental equivalent of planting 750 trees. Learn more about geothermal heating and cooling.

Geothermal Heat Pump with closed loop: $400/ton

Geothermal Unit Replacement (existing closed): $150/ton


How to Qualify and Get Started

  • Be a member of PCEA
  • System must have been purchased during 2025
  • Review the rebate application for full requirements
  • Installing contractors should provide PCEA members with the information necessary to complete the application for this program. Prior to installation, the contractor should be made aware of program requirements and you should contact the Cooperative to confirm that the system will qualify for an incentive
  • Download and submit your rebate application

Download the Rebate Application

 

Air Source Heat Pumps (ASHP), Including Minisplits

Air-source heat pumps are easy to install in new construction and are the ideal choice when it is time to update or replace older, inefficient heating systems or aging central air conditioners. Heat pumps can use your home’s existing ductwork, making it easy to upgrade to a new high-efficiency heating and cooling system. They can also be used in an add-on role, working in tandem with your existing furnace in addition to adding a highly-efficient cooling system for significant savings year round. According to the U.S. Department of Energy, if you heat with electricity, a properly installed heat pump can reduce the amount of electricity you use for heating by as much as 30 to 40 percent. Learn more about air source heat pumps.

Standard Air Source Heat Pump: $200/ton

Cold Climate Heat Pump: $400/ton

ENERGY STAR Bonus: $250/unit

Min. SEER 15.0, HSPF 8.2, EER 12.5

 

How to Qualify and Get Started

  • Be a member of PCEA
  • System must have been purchased during 2025
  • Review the rebate application for full requirements
  • Installing contractors should provide PCEA members with the information necessary to complete the application for this program. Prior to installation, the contractor should be made aware of program requirements and you should contact the Cooperative to confirm that the system will qualify for an incentive
  • Eligible equipment includes air source heat pump, mini-split heat pumps and multi-split heat pumps
  • The ENERGY STAR® bonus incentive is only available for residential members, with a limit of 2 bonus payments per home. To be eligible, a unit must meet current ENERGY STAR program requirements for air source heat pumps and have a minimum system capacity of 1.5 tons.
  • An ENERGY STAR label on equipment does not guarantee that the product qualifies for this incentive. Current ENERGY STAR information, specifications and eligible non-AHRI listed equipment can be found at www.energystar.gov.
  • Download and submit your rebate application

Download the Rebate Application

 

Contractor's Rebate

GSHP/ASHP: $250/home with new loop installation


Air Conditioners

Central ENERGY STAR Air Conditioner: $100/unit

 

How to Qualify and Get Started

  • Be a member of PCEA
  • System must have been purchased during 2025
  • Minimum SEER rating of 15 and EER rating of 12.5
  • Review the rebate application for full requirements
  • Download and submit your rebate application

Limit two air conditioner rebates per residence.

Download the Rebate Application

Heating & Cooling Options

Watch this short video to learn about the different heating and cooling options available.

 

 

How It Works

Air Source and Geothermal Heat Pumps

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Contact Info

Pella Cooperative Electric
2615 Washington St.
Pella, IA 50219

Office: 1-800-619-1040
Local: 641-628-1040

About Us

Serving over 3,200 homes and businesses across Jasper, Mahaska, Marion, Poweshiek and Warren counties. We're owned by those we serve.

 

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©2025 Pella Cooperative Electric. Your Touchstone Energy Cooperative.

  • Home
  • My Account
    • Start or Stop Service
    • Payment & Billing
    • SmartHub App
    • FAQs
    • Rates & Fees
    • Electrical Inspections
    • Payment Assistance
    • Commonly Requested Forms
  • My Co-op Perks
    • EV Charger
    • Co-op Membership
    • Rebates
    • Products
    • Co-op Connections
    • Energy Solutions
    • Capital Credits
    • Renewable Energy
  • Youth
    • Scholarships
    • Iowa Youth Leadership Academy
    • Washington D.C. Youth Tour
  • Outages & Safety
    • Outage Center
    • Call Before You Dig
    • Electrical Safety Demo
    • Electrical Safety
  • My Community
    • Donate to RECare
    • Economic Development
    • Grassroots
  • About Us
    • News
    • About PCEA
    • Contact Us
    • Board of Directors
    • Annual Meeting
    • Careers
    • Where the Power Comes From