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2026 Iowa heating & cooling rebates

The federal tax credit is gone, but Cedar Valley utilities still pay you to upgrade. Here's what's available and how we help.

Federal tax credit update: the federal 25C credit (up to $2,000 for heat pumps) ended for systems installed after December 31, 2025. It does not apply to 2026 installations.

Cedar Falls Utilities (CFU)

EquipmentRebate
Dual-fuel system (heat pump + furnace)Up to $750
Ducted air-source heat pump$600
Ductless (mini-split) heat pump$100 per ton
Central air conditioner$300

2025–2026 program; 2026 applications are generally due by January 31, 2027. Confirm current amounts at cfu.net.

MidAmerican Energy

Instant discounts and mail-in rebates on heat pumps, central AC, geothermal systems, gas furnaces and smart thermostats. Equipment must be installed between January 1 and December 31, 2026, with the application sent within 90 days (or by December 31, 2026). Details at midamericanenergy.com.

Alliant Energy

Instant discounts on high-efficiency (95%+ AFUE) gas furnaces, plus central AC, heat pump and smart thermostat rebates. Details at alliantenergy.com.

How Greenley helps

  • We'll tell you which rebates your home qualifies for
  • We'll recommend equipment that meets the efficiency requirements
  • We'll give you the model numbers and paperwork you need to apply

Rebate questions

Is there a federal tax credit for a new furnace or heat pump in 2026?

No. The federal Energy Efficient Home Improvement Credit (25C) ended for equipment placed in service after December 31, 2025. Utility rebates are still available.

Do I apply for the rebate or do you?

It depends on the program. Some are instant discounts at the time of purchase; others are mail-in or online applications after installation. We'll help you with the paperwork.

How do I know which utility rebate I qualify for?

It depends on who provides your electricity and gas. Look at your utility bill, or ask John and he'll point you to the right program.

Rebate programs change. Amounts above were published by each utility as of September 2026. Always confirm with your utility before you buy.

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