Instant Discounts program (Iowa)
Get rebates on qualified energy-efficient equipment instantly
For our residential and business customers in Iowa
Get your instant discount at the point of purchase.
We work with participating distributors to bring down the cost of qualified equipment so there is no need to fill out paperwork. All you have to do is use dealers that purchase qualified equipment from participating distributors.
Before you buy, ask your dealer if they work with distributors that participate in our Instant Discounts program.
New! The Instant Discount program now includes food service equipment for commercial customers. See details below.
Residential instant discounts: Heating and cooling
| residential equipment | instant discount |
|---|---|
|
Air source heat pumps*
|
$225 - $375/unit |
| Cold climate air source heat pumps* | $450 - $600/unit |
| Central air conditioners |
$150 - $300/unit |
| Large central air conditioners | $90 per ton |
| Natural gas furnaces | $1.80 per 1,000 Btu/hr input rating |
| Geothermal heat pumps | $900 - $1,200/unit |
| Ductless mini splits* | $300/unit |
| Cold climate ductless mini splits* |
$450/unit |
| Electric heat pump water heaters | $225/unit |
| Desuperheaters | $112.50/unit |
*Want to know how an air source heat pump or ductless mini split might impact your electric bill? Check out our heat pump/mini split calculator.
Equipment must meet all qualifications listed below to qualify for an instant discount.
Commercial and industrial instant discounts: Heating and cooling
| commercial equipment | instant discount |
|---|---|
|
Air source heat pumps
|
$225 - $375/unit |
| Cold climate air source heat pumps |
$450 - $600/unit |
| Large air source heat pumps |
$150/ton |
| Natural gas boilers under 300 Mbtu/hr | $375/unit |
| Natural gas boilers between 300 - 2500 Mbtu/hr | $1.50/Mbtu/hr |
| Small central air conditioners | $150 - $300/unit |
| Large central air conditioners |
$90 per ton |
| Package terminal air conditioners | $75 per ton |
| Package terminal heat pumps |
$75 per ton |
| Natural gas furnaces | $1.80 per 1,000 Btu/hr input rating |
| Geothermal heat pumps | $900 - $1,200/unit |
| Ductless mini splits | $300/unit |
| Cold climate mini splits |
$450/unit |
| Electric heat pump water heaters | $112.50 - $225/unit |
| Desuperheaters | $112.50/unit |
Commercial and industrial instant discounts: Lighting
| commercial lighting equipment | instant discount |
|---|---|
|
LED linear replace lamp retrofits
|
$1.50 - $3.50/unit |
| Interior fixtures, retrofit kits and downlights | $10 - $70/unit |
| High/low bay fixtures and retrofit kits | $20 - $200/unit |
| Exterior lighting fixtures and retrofit kits | $25 - $200/unit |
| Refrigerated case lighting retrofits | $6 - $24/unit |
Our Instant Discounts program is continually evaluated and adjusted to best serve our customers and partners.
On May 1, 2025, changes to the Instant Discounts commercial lighting incentive will take effect. These changes are detailed below.
Projects are determined by installation dates. Projects submitted and awarded before March 27 will be paid at the previous amount. Questions or exception requests should be submitted to [email protected] before April 11.
Incentive adjustments only apply to high/low bay and exterior fixtures and retrofit kits. Other lighting products will retain their original 2025 incentive values.
Commercial and industrial instant discounts: Food service
| food service equipment | instant discount |
|---|---|
|
Conveyor ovens
|
$975/deck |
| Convection ovens | $168.75 - $375/unit |
| Combination ovens | $1,125 - $2,250/unit |
| Steam cookers | $375 - $1,125/unit |
| Fryer vats | $562.50/unit |
| Griddles | $187.50 - $562.50/unit |
| Hot food holding cabinets | $225/unit |
| Refrigerators and freezers | $37.50 - $112.50/unit |
| Ice makers (batch and continuous) | $75 - $262.50/unit |
| Dishwashers | $412.50 - $3,000/unit |
| Prerinse spray valves | $30/unit |
