Fix First HomeWhat home-upgrade rebates actually pay — and who you apply to.

Fix First Home › Indiana › Power Moves co-op rebates (Wabash Valley Power Alliance)

Power Moves co-op rebates (Wabash Valley Power Alliance) open

Administered by Wabash Valley Power Alliance and its member electric co-ops.

Indiana electric co-ops in the Wabash Valley Power Alliance pay $1,800 for a cold-climate heat pump that heats the whole home and $750 for a standard one, $800 or $250 for a partial system, $2,000 for a closed-loop geothermal system and $800 for a heat pump water heater, in 2026. Rebates are capped at 75% of the project cost and $10,000 a year per member.

source · verified 3 October 2026 · amounts in US dollars

What it pays

2026 air-source heat pump rebates
SystemCold-climate heat pumpOther heat pump
Whole home, replacing electric resistance, gas, propane or oil$1,800$750
Whole home, replacing an air-source heat pump$1,800$250
Whole home, new construction$1,800Not eligible
Partial home$800$250
Other 2026 co-op rebates
UpgradeConditionUp to
Geothermal, closed loopNew construction, or replacing propane, oil, an air-source heat pump or electric resistance$2,000
Geothermal, open loopThe same cases$1,000
Geothermal replacing geothermal$250
Dual fuel heat pumpReplacing electric resistance or a fossil furnace with AC, new homes, or added to a furnace$500
Heat pump water heater3.3 UEF or more; replacing electric, gas or propane; two per site$800

A cold-climate heat pump reaches a coefficient of performance of at least 1.75 at 5 degrees, by NEEP's list. Whole-home rebates need a split system that heats with electricity only.

Who is eligible

who
Residential members of a Wabash Valley Power Alliance co-op, an alliance of 21 distribution co-ops including Boone Power, Carroll White REMC and Hendricks Power.
limits
No more than 75% of the project cost, self-labor excluded, and $10,000 a year per membership.
payment
A check or a bill credit, at the co-op's choice.
inspections
Wabash Valley may inspect before and after; a rebate on work that breaks the rules must be repaid within 60 days.

Where the application goes

Submit the 2026 application online or by mail to Power Moves with the AHRI certificate and invoice; new homes also need a heat loss calculation.

Where the application goes
If this is youApply here
Applicationspowermoves.com
Power Moves(800) 833-2279

The thing most pages get wrong

A heat pump's co-op rebate depends on whether it is cold-climate. A whole-home cold-climate unit earns $1,800; a standard one $750, and only $250 if it replaces an existing air-source heat pump. Check NEEP's list before buying.

Natural gas is not on the geothermal list

The geothermal form pays for new construction or for replacing propane, fuel oil, an air-source heat pump, electric resistance or geothermal, and says a system replacing 'some other form of home heating beyond the five options listed above does not qualify'.

Not every co-op

These rebates come through Wabash Valley Power Alliance's member co-ops. Co-ops supplied by other wholesale suppliers, such as Hoosier Energy's members, are not covered here; ask your REMC.