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Rebate Calculator

Alaska Heat Pump Rebate Calculator

Estimate your Alaska heat pump rebate range through Chugach Electric Heat Pump Incentive Program. Use this guide to understand the key factors and check the official source for exact current amounts.

High confidenceLast checked: 2026-05-291 official source
Rebate Range

How much is the Alaska heat pump rebate?

Chugach Electric: up to $900 rebate for residential members installing a qualifying heat pump system. Maximum 2 rebates per Chugach account. Ducted system: ENERGY STAR certified, EER2 ≥10 recommended. Mini-split (ductless): ENERGY STAR certified, SEER2 ≥16, EER2 ≥9, HSPF2 ≥9.5, COP ≥1.75 at 5°F. Cold-climate certified (ENERGY STAR Cold Climate) preferred. Apply after installation via online application at chugachelectric.com.

Chugach Electric serves the greater Anchorage area (Eagle River, Girdwood, Whittier) — approximately 32% of Alaska residential electricity customers.

Golden Valley Electric (Fairbanks area) has separate programs — contact GVEA directly.

Funds are limited and available first-come, first-served. Verify availability at save_energy@chugachelectric.com BEFORE purchasing.

Application requires: 12 months prior heating fuel use data, installation invoice, photos of completed installation, and W-9 form.

Chugach issues a 1099-MISC for the rebate amount per IRS requirements — consult a tax professional.

Program as of version V2.2 dated January 13, 2026.

Not a guarantee of eligibility. Verify current amounts with your utility or Chugach Electric Heat Pump Incentive Program.

Check Chugach Electric Heat Pump Incentive Program official site

Key factors that determine your Alaska rebate

Your electric utility
Which utility serves your home (Chugach Electric Association (Anchorage area)) determines which rebate tier applies.
Current heating fuel
Oil and propane homes typically qualify for the highest tiers. Natural gas homes usually qualify for lower amounts.
Whole-home vs. partial scope
A whole-home heat pump installation that replaces all primary heating earns the highest rebate. Supplemental or mini-split-only installs earn less.
System size in tons
Larger systems generally earn higher rebates, up to the program cap. Oversizing can disqualify equipment in some programs.
Equipment certification
Equipment must meet the program's current efficiency threshold. Verify the AHRI reference number or program-specific certification before purchase.
Income qualification
Income-qualified households may receive enhanced rebates or additional assistance. Ask your utility about documentation requirements.
Working Reference

See a fully interactive rebate calculator

Heat pump rebate calculators show how fuel type, utility, and system size interact to affect rebate amounts. The same logic — fuel type, utility tier, system size, income — applies across programs including Chugach Electric Heat Pump Incentive Program in Alaska.

View Alaska HVAC rebates
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Official Sources