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Wyoming Heat Pump Rebates & Incentives (2026)

Wyoming's heat pump incentive landscape is thin. Federal tax credits expired, the state has no income tax (and therefore no state energy credits), and the $69.2 million IRA-funded Home Energy Savings Program has not launched. The main incentive available is Rocky Mountain Power's Wattsmart program, offering up to $1,700 for cold-climate heat pumps converting from electric resistance. This guide covers all major Wyoming heat pump incentives available in 2026, including Wattsmart rebates, rural co-op programs, and the frozen IRA allocation. Here's what's actually available.

Last verified: March 24, 2026

Rates and program availability may change after this date.

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Wyoming

Limited / Region-Dependent

As of: March 24, 2026
Last verified: March 24, 2026

Rocky Mountain Power Wattsmart offers up to $1,700 for cold-climate heat pumps and $600 for HPWHs (electric resistance conversions only). Several co-ops offer $500–1,800. Federal tax credits expired. Wyoming’s $69.2M IRA rebate program (HESP) has not launched.

The Short Version

✓ Rocky Mountain Power Wattsmart

Up to $1,700 for ducted cold-climate ASHP, up to $2,000 for ductless multi-head, up to $4,000 for ASHP + window bundle. Electric resistance conversions only.

✓ Rural electric co-op rebates

Carbon Power & Light, Wheatland REA, Lower Valley Energy, and others offer $500–$1,800 for heat pumps through Tri-State Generation partnerships.

✓ Total potential savings

$1,700 (all income tiers) to ~$2,300 (ASHP + HPWH combo). ASHP + window bundle packages can reach ~$4,600 total incentives.

✗ Federal tax credits expired

Section 25C ($2,000 heat pump credit) and Section 25D (30% geothermal credit) both ended December 31, 2025 under the OBBB.

⚠ Wyoming's $69.2M IRA rebate allocation has not launched

The Home Energy Savings Program (HESP) — covering both HOMES and HEAR rebates — was frozen by a federal funding pause in January 2025. No state tax credits exist. Gas and propane conversion customers have limited or no utility rebate options. Black Hills Energy suspended all rebates effective January 2026.

Federal tax credits have ended

Section 25C (Energy Efficient Home Improvement Credit) offered up to $2,000 for qualified heat pumps. Section 25D (Residential Clean Energy Credit) covered 30% of geothermal heat pump costs. Both credits ended December 31, 2025, terminated early by the One Big Beautiful Bill Act (OBBB, Public Law 119-21) signed July 4, 2025. The IRA had originally extended these credits through 2032, but OBBB accelerated their expiration by seven years.

A heat pump purchased in 2025 but not installed until 2026 does not qualify — equipment must have been installed and operational by December 31, 2025. One narrow exception: unused Section 25D credits from prior years can be carried forward to 2026 tax returns if the homeowner's tax liability was too low to use the full credit in the year of installation. Congress has not introduced replacement legislation as of March 2026.

Read more about what changed with federal heat pump tax credits.

Wyoming's IRA rebate program has not launched

The Wyoming Energy Authority (WEA) was allocated approximately $69.2 million in IRA funding — $34.7 million for the Home Owner Managing Energy Savings (HOMES) program and $34.5 million for the Home Electrification and Appliance Rebates (HEAR) program. Wyoming branded both programs together as the Home Energy Savings Program (HESP).

WEA issued an RFP for a program designer in August 2024, hosted public input sessions in December 2024, and submitted its application to DOE by the January 31, 2025 deadline. However, Executive Order 14154 froze IRA disbursements before Wyoming received its funds. As of March 2026, WEA has confirmed the program remains on pause pending direction from DOE. The website still references a 2025 launch target that has not been updated.

What HESP would offer if it launches

The HOMES and HEAR programs are legally authorized through September 30, 2031, and were not repealed by the OBBB. If Wyoming's HESP activates, the federal statutory rebate amounts would apply. Wyoming had not finalized specific program rules before the pause.

Income tierHEAR heat pumpHEAR HPWHHOMES rebate
Below 80% AMIUp to $8,000Up to $1,750Up to $8,000
80–150% AMIUp to $8,000 (50% of cost)Up to $1,750 (50% of cost)Up to $4,000
Above 150% AMINot eligibleNot eligibleUp to $4,000

Wyoming has no state income tax — and no state energy tax credits

Unlike neighboring Colorado, Wyoming cannot offer state-level tax credits for heat pumps or energy efficiency improvements. There is no state rebate program, no state loan program for residential heat pumps, and no state sales tax exemption for energy equipment. Utility rebates and the frozen HESP allocation are the only incentive pathways.

Utility rebates by provider

Rocky Mountain Power — Wattsmart Homes

Rocky Mountain Power serves roughly 57% of Wyoming's electricity customers, making Wattsmart Homes the most widely available heat pump incentive in the state. Rebates apply to electric resistance conversions and existing heat pump upgrades. Gas, propane, oil, and wood heating conversions do not qualify.

Ducted air-source heat pumps

Rebate amounts depend on efficiency tier. Converting from electric resistance heating:

TierEfficiency minimumRebate (from elec. resistance)Rebate (HP upgrade)
Tier 17.5 HSPF2 / 14.3 SEER2$1,200$250
Tier 28.1 HSPF2 / 15.2 SEER2$1,700$350
Tier 3 (Cold Climate)8.5 HSPF2 / 16 SEER2$1,700$500

Cold Climate Tier 3 units must appear on the NEEP Qualified Products list. All HVAC installations require a program-eligible contractor.

Ductless and mini-split heat pumps

Converting from electric resistance: $1,000 for single-head units, $2,000 for multi-head or ducted mini-splits. A supplemental ductless unit for a gas-heated home earns $500. All ductless units require inverter-driven compressors with variable-speed indoor fans, minimum 8.1 HSPF2 / 16 SEER2.

Heat pump + window bundle

Replacing electric resistance heating with a qualifying ASHP while also replacing at least 80% of windows (U-Factor ≤ 0.22) earns $3,000 (Tier 1) or $4,000 (Cold Climate Tier 3). This replaces the standalone ASHP rebate — they do not stack.

Heat pump water heaters

$300 (Tier 1) or $600 (Tier 2+). Must replace an existing electric storage water heater. Self-installation is permitted for HPWHs — the only category where DIY qualifies. Applications must be submitted within 90 days of installation at wattsmarthomes.com.

Black Hills Energy and Cheyenne Light, Fuel & Power

⚠ All rebate programs suspended

Black Hills Energy and its subsidiary Cheyenne Light, Fuel & Power suspended all residential rebate programs effective January 1, 2026. The company accepted final applications through January 31, 2026 for equipment installed in 2025. Black Hills has requested dismissal of its 2026–2028 DSM plan and announced plans to redesign programs. No timeline for new program launches has been given. This affects approximately 41,000 electric and 35,000 gas customers in the Cheyenne metro area.

Rural electric cooperatives

Several Wyoming cooperatives offer heat pump rebates through partnerships with Tri-State Generation & Transmission. Programs vary by cooperative.

CooperativeASHP rebateHPWH rebateNotes
Carbon Power & Light$500–$1,500$350$500 dual-fuel bonus. GSHP at $150/ton.
Wheatland REA$675–$1,800Capped at 50% of equipment cost.
Lower Valley EnergyVariesVariesPre-approval required. Serves Jackson Hole area.
Big Horn REA / WyrulecAvailableContact co-op directly for amounts.

How programs stack

With federal tax credits expired, no state incentives, and HESP not launched, Wyoming homeowners can currently access only utility rebates — there is nothing to stack them with. No utility in Wyoming offers income-qualified adders or enhanced tiers, so the incentive amount is the same regardless of household income. The scenarios below assume a Rocky Mountain Power customer converting from electric resistance heating.

Above 150% of Area Median Income (AMI) — Ducted cold-climate ASHP

  • Wattsmart Tier 3 ccASHP (electric resistance conversion): $1,700
  • Wattsmart HPWH (Tier 2): $600
  • State/federal incentives: $0

Realistic maximum: ~$2,300

80–150% AMI — Ducted cold-climate ASHP

  • Wattsmart Tier 3 ccASHP (electric resistance conversion): $1,700
  • Wattsmart HPWH (Tier 2): $600
  • State/federal incentives: $0

Realistic maximum: ~$2,300

Below 80% AMI — Ducted cold-climate ASHP

  • Wattsmart Tier 3 ccASHP (electric resistance conversion): $1,700
  • Wattsmart HPWH (Tier 2): $600
  • WAP heating system replacement (if eligible): up to $12,000

Realistic maximum: ~$2,300 (utility only) — WAP extremely limited

What you'll actually pay

A whole-home cold-climate heat pump system typically costs $12,000–$18,000 installed in Wyoming. After Wattsmart rebates of $1,700–$2,300, most homeowners should expect $10,000–$16,000 out of pocket. The ASHP + window bundle ($4,000 rebate) improves the math but requires major window replacement. Homeowners served by Black Hills Energy or converting from gas/propane heating currently have no utility rebate options.

Wyoming has no state tax credits, no state rebate program, and no state energy loan program. The Weatherization Assistance Program served only 24 homes statewide in FY 2024.

Weatherization Assistance Program

The Wyoming Department of Family Services (DFS) administers the Weatherization Assistance Program (WAP), funded by the U.S. Department of Energy and HHS. Two nonprofit agencies deliver services statewide: Council of Community Services (Campbell, Crook, Johnson, Sheridan, and Weston counties) and Wyoming Weatherization Services (remaining 18 counties).

WAP covers insulation, air sealing, heating system repair or replacement, and weatherization measures with benefits up to $12,000 per home. Eligibility extends to households at or below 200% of the Federal Poverty Level, with automatic qualification for SNAP, SSI, and TANF recipients. Priority goes to households with elderly members (60+), disabled individuals, or children under 5. Both homeowners and renters qualify. Applications are accepted year-round through the joint LIEAP/WAP portal at dfs.wyo.gov.

⚠ Extremely limited availability

Wyoming's WAP served only 24 households statewide in the most recent fiscal year. While the program can theoretically cover a full heating system replacement including a heat pump, the extremely limited capacity means most applicants face long wait times.

Wyoming's climate demands cold-climate equipment

Wyoming spans IECC climate zones 5B, 6B, and 7 — among the coldest in the contiguous United States. The vast majority of the population lives in Zone 6B (Cold, Dry). Three mountain counties (Teton, Sublette, Lincoln) sit in Zone 7 (Very Cold). Standard heat pumps lose significant capacity below 20°F. Cold-climate models on the NEEP Qualified Products list are essential for Wyoming installations.

City99% design tempHeating degree daysClimate zone
Cheyenne-1°F7,3816B
Casper-5°F7,4106B
Sheridan-8°F7,6806B
Jackson Hole-10°F~9,500+7

Dual-fuel systems pairing a cold-climate heat pump with a gas furnace are particularly practical in Wyoming. Natural gas heats approximately 59% of Wyoming homes at rates around $11.40/MCF — among the lowest in the nation. A heat pump handles most heating hours efficiently (COP 2.5–3.0), while the gas furnace covers the coldest extremes. Propane and electric resistance households have the strongest economic case for conversion, since heat pump operating costs of roughly $15–$18/MMBtu at Wyoming's average electricity rate of 12.79¢/kWh significantly undercut propane prices. For homeowners considering energy storage alongside a heat pump, see our guide to home batteries.

✓ Best candidates for a heat pump in Wyoming

Homeowners currently heating with electric resistance or propane, served by Rocky Mountain Power or a Tri-State cooperative, in climate zones 5B or 6B. Dual-fuel setups work well for natural gas homes wanting to reduce summer cooling costs while maintaining gas backup for the coldest days.

How to apply for Wattsmart rebates

Rocky Mountain Power's Wattsmart Homes program is the primary incentive for most Wyoming homeowners. Co-op members should contact their cooperative directly for their specific application process.

1

Confirm eligibility

You must be a Rocky Mountain Power customer converting from electric resistance heating or upgrading an existing heat pump. Gas, propane, oil, and wood conversions do not qualify for Wattsmart rebates.

2

Choose a program-eligible contractor

All HVAC installations must be completed by a participating Wattsmart contractor. Find one at wattsmarthomes.com. Heat pump water heaters are the only category where self-installation qualifies.

3

Install qualifying equipment

Cold Climate Tier 3 units must appear on the NEEP Qualified Products list. All systems must meet minimum HSPF2 and SEER2 thresholds for the selected tier. Confirm equipment eligibility with your contractor before purchasing.

4

Submit your rebate application within 90 days

Apply at wattsmarthomes.com with proof of purchase and installation. Applications submitted more than 90 days after installation are not accepted.

What to watch

HESP launch status

Wyoming's $69.2 million IRA allocation could activate at any point, transforming the incentive landscape with HEAR rebates up to $8,000 for income-qualified households. The Wyoming Energy Authority has done the groundwork — the program was near launch when funds were frozen. Monitor wyoenergy.org for updates.

IRA funding runway

The HOMES and HEAR programs are authorized through September 30, 2031. The OBBB did not repeal this funding but did terminate federal tax credits (25C/25D) seven years early. Future legislative action could further affect IRA program funding or extend it.

Black Hills Energy program redesign

Black Hills suspended all rebate programs in 2026 and is redesigning its demand-side management portfolio through public workshops with the Wyoming Public Service Commission. New programs could restore rebates for approximately 76,000 Wyoming utility customers in the Cheyenne metro area.

Frequently asked questions

What heat pump rebates are available in Wyoming in 2026?

Rocky Mountain Power’s Wattsmart program is the primary incentive, offering up to $1,700 for ducted cold-climate air-source heat pumps and up to $4,000 for ASHP-plus-window bundles (electric resistance conversions only). Several rural electric cooperatives offer $500–$1,800 through Tri-State Generation partnerships. Federal Section 25C and 25D tax credits expired December 31, 2025. Wyoming has no state income tax and therefore no state-level energy tax credits. The state’s IRA-funded Home Energy Savings Program (HESP) has not launched.

Can I stack Wattsmart rebates with other programs in Wyoming?

Currently there is very little to stack. Federal tax credits expired, the state offers no rebates or tax credits, and the IRA-funded HESP program has not launched. Most Wyoming homeowners can only access their utility rebate. If HESP activates, IRA statute permits stacking HEAR rebates with utility incentives, which could bring total incentives to $10,000 or more for income-qualified households.

Do cold-climate heat pumps work in Wyoming’s extreme winters?

Yes, but equipment selection matters. Wyoming’s ASHRAE 99% design temperatures range from -1°F in Cheyenne to -10°F in Jackson Hole. Modern cold-climate heat pumps on the NEEP Qualified Products list can operate to -15°F or lower, but supplemental backup heat is strongly recommended. Dual-fuel systems pairing a cold-climate heat pump with a gas furnace are particularly practical given Wyoming’s low natural gas prices.

What happened to Wyoming’s IRA Home Energy Savings Program?

The Wyoming Energy Authority applied for and received a conditional award for approximately $69.2 million in IRA funding ($34.7M for HOMES, $34.5M for HEAR). However, an executive order in January 2025 froze IRA disbursements before Wyoming received its funds. As of March 2026, the program remains on pause. The funding is legally authorized through September 30, 2031, and was not repealed by the OBBB.

Who administers Wyoming’s heat pump incentive programs?

Rocky Mountain Power administers the Wattsmart Homes rebate program, Wyoming’s largest utility incentive. The Wyoming Energy Authority oversees the frozen HESP program. The Wyoming Department of Family Services administers the Weatherization Assistance Program through two nonprofit providers. Individual rural electric cooperatives administer their own rebate programs through Tri-State Generation partnerships.

Disclaimer: This page covers the main statewide, utility, and IRA heat pump incentives available to Wyoming homeowners in 2026. It does not calculate savings, guarantee eligibility, or represent any incentive program. Wyoming has no state income tax and no state-level energy tax credits; utility programs vary by provider and service territory. We verify status regularly but programs can change without notice. Always confirm current amounts and eligibility with Rocky Mountain Power, your electric cooperative, and your contractor before making decisions.

See how this state compares → Heat Pump Rebates by State (2026)