Portland General Electric heat pump rebates.
Stacked, current, actionable.

Overview

Portland General Electric (PGE) is the investor-owned utility serving the Portland metro and most of northwestern Oregon. Unlike Seattle City Light or Con Edison, PGE does not directly administer most residential heat pump rebates — that function is delegated to Energy Trust of Oregon (ETO), the nonprofit that runs statewide electrification incentives across PGE and Pacific Power territories. See the Oregon rebate landscape for the full state picture.

ETO pays $1,200 to $2,500 per qualifying air-source heat pump install (tier-dependent), with cold-climate and whole-home bonuses added for installs that meet the stricter specs. Rebates are mail-in reimbursement, typically paid 6-10 weeks after submission. Ductless conversions that retire existing electric resistance (common in PGE territory) receive an additional $300-$800 bonus.

PGE itself adds one direct customer rebate on top of the ETO amount: the PGE Smart Thermostat rebate (commonly $50-$85, verify current tier on utility site) for ENERGY STAR-certified smart thermostats installed with a qualifying heat pump. The combined ETO-plus-PGE stack represents the bulk of the Oregon rebate layer for most homeowners.

Stacking with HEEHRA and federal credits

ETO rebates stack cleanly with federal HEEHRA under DOE stacking rules. Oregon HEEHRA is pending launch — the Oregon Department of Energy has accepted DOE funding but has not yet opened the consumer portal (see the HEEHRA guide for the current state-by-state status). Income-qualified PGE households should confirm equipment spec meets future HEEHRA eligibility before buying in 2026.

Manufacturer rebates (Mitsubishi, Daikin, Fujitsu, LG, Bosch) stack on top of ETO, PGE thermostat rebate, and any future HEEHRA. The typical stacking order is manufacturer at quote, ETO after install (mail-in), PGE thermostat through customer portal, HEEHRA at invoice via participating contractor when Oregon opens. The rebate stacking guide walks through the sequence.

Application tips

Confirm your contractor is an ETO Trade Ally before signing the install contract. ETO maintains a searchable Trade Ally directory on its website, and non-Trade-Ally installs do not become eligible retroactively. The Trade Ally program covers roughly 400+ HVAC contractors across PGE service territory, so the pool is deep.

Submit the ETO rebate application within 60 days of install — ETO is stricter than Seattle City Light or Duke on this window, and late submissions forfeit the rebate. The application requires AHRI Certificate, itemized invoice, and a signed contractor completion form.

If you are income-qualified (at or below 80% Oregon AMI), ask ETO about Savings Within Reach (SWR), which adds a supplemental bonus on top of the base heat pump rebate. SWR eligibility is verified by ETO separately from the base application. Do not assume standard-tier rebate if you qualify — SWR materially increases the rebate for LMI households.