Air-Sourced Ducted Heat Pumps
are an energy-efficient option to provide heating and cooling. Heat pumps can be more than twice as energy efficient as furnaces, and can be added to homes that already have ductwork.
homes without ductwork, check out ductless heat pumps
Certain air-source ducted heat pumps installed in your Oregon home
may be eligible for a Residential Energy Tax Credit.
Any air-sourced ducted heat pump purchased must meet certain
qualifications to earn a Residential Energy Tax Credit, which can range from
$800 to $1,125, depending on its Heating Season Performance Factor (HSPF) rating. See the RETC Rate Chart for more information.
You will need to have a Performance Tested Comfort System
or CheckMe certified contractor install and test your heat pump. If your
system achieves an HSPF rating of 9.5 or higher, you are eligible for the credit.
RETC Program Sunset
The RETC program ended
on December 31, 2017.
To qualify for a 2017 tax credit:
- RETC devices must have been purchased by December 31, 2017;
- Devices must be operational by April 1, 2018; and
- ODOE must receive your application no later than June 1, 2018.
If you plan to transfer your tax credit, ODOE must receive the pass-through application on or before June 1, 2018. Please review the RETC Administrative Rules
for more information about program eligibility and requirements.
After installation and testing, your contractor will send
you the RETC application. Fill in the missing information, including any other incentives you are receiving. Sign the
application, and send it to the Oregon Department of Energy along with your
Other federal, local, or utility programs may also offer incentives .