Heat Pump Pricing Index

Montana Heat Pump Rebates

Stackable incentives available to Montana homeowners installing a qualifying heat pump in 2026.

Max stackable total:$2,000(income-qualified)

What's available in Montana

We're still tracking Montana's state-level and utility heat pump rebate programs. Federal incentives — the $2,000 §25C tax credit and the $8,000 HEEHRA rebate (for households under 80% area median income) — apply in Montana just like every other state.

Federal §25C tax credit
$2,000
30% of project, capped
Federal HEEHRA rebate
$8,000
Income-qualified only (≤80% AMI)
Montana non-income-qualified
$0
0 programs
Montana income-qualified
$0
0 programs

Federal incentives

§25C tax credit: 30% of project cost up to $2,000, claimed via IRS Form 5695 for the tax year the system was installed. Locked in through 2032 by the Inflation Reduction Act.

HEEHRA rebate: Point-of-sale rebate up to $8,000 for households at or below 80% of area median income. Funded by the IRA, administered by each state. Montana is currently finalizing program rules.

Montana rebate programs

In research. We're verifying Montana's state-level and utility-specific heat pump rebate programs before publishing amounts. Our editorial standard is to source every rebate to its official program page (state energy office or utility), and we won't show numbers we can't verify.

In the meantime, the federal incentives above apply in Montana just like every other state. Use the calculator below to estimate your federal-only out-of-pocket cost.

Know a Montana program we should add? Email hello@heatpumppricing.com.

Estimate your net cost

Used to determine HEEHRA eligibility (under 80% area median income).

Average installed cost
$12,500
Incentives offset 43% of the install−$5,400
  • Federal §25C tax credit−$2,000
  • Oncor Take A Look program−$1,200
  • CenterPoint Energy SCORE−$800
  • Austin Energy Heat Pump Rebate−$1,400
Estimated out-of-pocket$7,100

Estimate only. Tax credits require sufficient federal tax liability. Rebate stacking rules vary — confirm with your installer and utility before signing.

How to claim each rebate

  1. Get pre-approved (where required). Some utility programs require approval before install. Check program details before signing a contract.
  2. Use a participating contractor. Many programs require a licensed installer from an approved contractor list.
  3. Save documentation. AHRI certificate, model numbers, and itemized invoice are required for most utility rebates and the federal §25C credit.
  4. Submit utility rebate within 60–90 days of install. Some programs are first-come first-served and close mid-year.
  5. Claim federal credit at tax time using Form 5695 for the year you placed the system in service.

FAQ

Most Montana households can stack the federal $2,000 tax credit with up to $0 in state and utility rebates. Income-qualified households (under 80% AMI) may also access the $8,000 HEEHRA rebate plus an additional $0 in income-qualified state programs.