Home Discounts and Rebates
You want to save on your energy bill – we want to help. Our Instant Discounts and rebate offerings for Iowa and Illinois customers make it easier to upgrade your home equipment to energy-efficient models. Plus, you can save even more with tax credits and rebates available through the Department of Energy’s (DOE) Energy Savings Hub.
Instant Discounts
Save money right away when you purchase equipment from qualified dealers and installers!
Available for qualifying models of:
- Air-source heat pumps
- Central air conditioners
- Ductless split heat pumps
- Geothermal heat pumps
- Heat pump water heaters
- Natural gas furnaces
Rebates
Get money back after your new equipment is installed!
Available for qualifying models of:
- Smart thermostats
Instant Discount offerings
Our Instant Discounts program incentivizes local distributors to stock energy-efficient equipment, making it easier for you to find more energy-saving models in your area and reduce your energy bills and overall carbon footprint. Ask your preferred HVAC contractor if they participate in MidAmerican Energy Instant Discounts. Learn more about the Instant Discounts program below and refer to the Iowa and Illinois qualifications and conditions pages for requirements.
| Equipment | Discount |
| Air-source heat pumps | $225 - $375/unit |
| Central air conditioners | $150 - $300/unit |
| Central air conditioners (large) | $90/ton |
| Desuperheater | $112.50/unit |
| Ductless split heat pumps | $300/unit |
| Geothermal heat pumps | $900 - $1,200/unit |
| Heat pump water heaters | $225/unit |
| Natural gas furnaces | $1.80/MBtuh |
Rebate offerings
Get money back after you’ve purchased and installed your new energy-saving equipment.
| Equipment | Rebate | Qualifications |
| Smart thermostats | Up to $100/unit | ENERGY STAR® |
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Applications must be submitted within 90 days of purchase or by December 31, 2024, whichever comes first. Applications can be submitted online. Rebate payments cannot exceed 70% of the equipment cost. Equipment cost does not include labor.
Keep in mind
- Review the Iowa and Illinois qualifications and conditions pages to make sure you qualify.
- If installing a smart thermostat, ensure the thermostat is ENERGY STAR® certified.
- Equipment must be purchased, installed and operating between January 1, 2024, and December 31, 2024, to be eligible for rebates or incentives.
- Instant Discounts are only available by purchasing your equipment through a participating Instant Discounts provider.
- Instant Discounts cannot be combined with any other rebate or incentive program, including prescriptive rebates.
- When applying for a rebate online, have all necessary documents for upload, including an itemized sales receipt or invoice.
- Check the date – be sure to apply for rebates within 90 days of purchase or by December 31, 2024, whichever comes first.
Questions? For more information or to request a paper rebate application, email energyexpert@midamerican.com or call 877-932-0616.
Are you a Nebraska customer looking for equipment rebates? See details.