HEAT PUMP REBATES IN PHOENIX, AZ

One program serves Phoenix addresses: SRP (Salt River Project).

That is the honest count, not a shortlist we trimmed. Below is what it pays, what it asks of the equipment, and how you claim it. The rest of Arizona is listed underneath so you can see the whole picture, but only the program above is one you can count on at this address.

Serves your address

What a Phoenix home can claim.

You claim the program that serves your address, not the total. Confirm current terms with each program before counting on an amount.

SRP (Salt River Project)

YOU FILE THIS AFTER INSTALL
Up to $1,125, based on the size of your system

Cool Cash: $75/ton single-stage, $150/ton multi-stage, $225/ton variable-speed; up to $1,125 for a 5-ton variable-speed system.

Equipment has to hit
Cool Cash tiered by compressor stage: single-stage $75/ton, multi-stage $150/ton, variable-speed $225/ton.
Stacking
Per-ton payout scales with system size; tiers are alternatives by equipment stage, not additive.
Limits
SRP electric customers. Up to $1,125 for a 5-ton variable-speed system. One HP rebate per system.
SOURCE: savewithsrp.com
Also serving this area

Utilities here with nothing to claim.

These serve Phoenix homes and have nothing here to claim. Listed rather than dropped, because you may be looking for exactly this name.

APSAPS discontinued its residential efficiency heat pump rebates on 1 January 2026, so there is nothing here to claim from APS itself. Heat pump money in this market comes from the other Arizona programs your address qualifies for, and your quote prices only what you can actually get.
Southwest GasA gas utility does not pay a homeowner to switch off gas, so there is nothing here to claim. Heat pump money in this market comes from the electric side.
Elsewhere in Arizona

Not available at a Phoenix address.

Run by utilities that do not serve this market. Shown so you can see the whole Arizona picture, and because a heat pump outlives most moves. Do not budget against these for a Phoenix home.

Tucson Electric Power (TEP)Up to $720 for the most efficient equipment
How current this is

Arizona program terms verified 2026-07. Programs change their terms, their budgets run out, and some close mid-year. Every amount here is an estimate until it is checked against your exact address and the equipment you actually install, which is what your quote does.

  • Rebate amounts are estimates and subject to change. Verify current program terms and eligibility before quoting a final net price.
  • Eligibility varies by income, equipment efficiency, utility territory, and program funding availability.
  • State and utility programs only. Federal 25C/25D tax credits expired 12/31/2025 and the DOE HEAR/HOMES rebate programs ended 5/29/2026; neither is included.
  • After-install rebates are claimed by the homeowner after installation and are not guaranteed at the point of sale.
See what you actually net.

A rebate list is not a price. Your quote sizes the system to Phoenix's real design day and shows the number before and after everything above.

See my price