ComEd's heat pump rebate is the simplest incentive in Illinois. No mail-in forms, no waiting for checks, and the federal tax credits are gone. The rebate is applied at the point of sale through a participating contractor, meaning you see the discount on your invoice before you sign the final paperwork.
ComEd Rebate Amounts
ComEd offers two paths based on heat pump type:
- Ducted air-source heat pump: Up to $1,675
- Ductless mini-split heat pump: Up to $1,000
The rebates are tiered by tonnage for ducted systems (smaller systems get proportionally less than larger systems), but every ducted installation qualifies. Ductless rebates are flat regardless of capacity.
You choose one path or the other. If you install a ducted system, you receive the ducted rebate. If you install a ductless system, you receive the ductless rebate. You do not receive both.
How ComEd Rebates Work at Point of Sale
Your contractor is a ComEd program participant (most established HVAC firms in Chicago are enrolled). When you sign a contract for heat pump installation, the contractor includes the rebate in the pricing. Here is the real example:
A ducted system base cost is $10,200. ComEd's rebate is $1,675. Your invoice shows:
- System, labor, and materials: $10,200
- ComEd instant rebate: -$1,675
- Your final cost: $8,525
The rebate lands immediately. You do not pay $10,200 and wait for a check. You pay $8,525 and you are done.
If your contractor is not a ComEd participant, you cannot apply this rebate. Period. The rebate is not portable; it is built into the contractor's program enrollment. Before you sign any contract, ask your contractor: Are you a ComEd participating vendor? If they say no or do not know, find a different contractor.
Who Qualifies for ComEd Rebates
You must be a residential electric customer of ComEd. ComEd serves most of Chicago and northern Illinois. Ameren Illinois serves southern portions of Chicago and surrounding areas. If you receive a ComEd electricity bill, you are eligible. If your utility is Ameren Illinois or Peoples Gas (gas only), you are not eligible for ComEd's rebate (but you may be eligible for Ameren's rebate).
Check your electricity bill. The utility name is printed at the top. If it says ComEd, you qualify.
The rebate applies to your primary residence. It does not apply to rental properties or commercial buildings.
What the Rebate Covers
The ComEd rebate applies to the heat pump equipment and its direct installation labor only. It does not cover:
- Ductwork installation or sealing
- Electrical panel upgrades
- Chimney cap or masonry work
- Thermostat upgrades beyond what is necessary for the system
- Removal or disposal of old equipment
If your home requires ductwork, electrical upgrades, or structural changes, those costs are separate and do not qualify for the rebate. The rebate covers the heat pump itself.
Tiered Rebates for Ducted Systems
ComEd's $1,675 maximum rebate for ducted systems is tiered by tonnage. A smaller system (2.5 to 3 tons) receives less rebate than a larger system (4 to 5 tons). Your contractor should be able to tell you the exact tiered rebate for your system's capacity before you sign.
Do not assume you will receive the full $1,675. Ask your contractor to confirm the rebate amount for your specific system size. It will likely be close to $1,675 if your system is 3.5 tons or larger, but smaller systems may see slightly lower rebates.
Ductless Rebates Are Flat
The $1,000 ductless rebate is not tiered. Whether you install a single-zone head or a three-zone system, the rebate is $1,000. That simplifies the math, but also means ductless systems are economically less attractive than ducted systems (which offer higher rebates) in homes where ducts are feasible.
How to Find a ComEd Participating Contractor
Ask contractors directly: Are you enrolled in the ComEd heat pump rebate program? A contractor who is enrolled will enthusiastically say yes. A contractor who hesitates or says they are not sure is not enrolled.
You can also search ComEd's website for their list of participating contractors, though not all participating contractors are listed (some small local firms may not appear in the directory). The safest path is to ask directly and confirm enrollment before signing a contract.
Combining ComEd Rebate With Financing
Most contractors offer financing options (12, 24, or 60-month terms at 0% interest). The ComEd rebate reduces your out-of-pocket cost before financing. Example:
- System base cost: $10,200
- ComEd rebate: -$1,675
- Out-of-pocket cost: $8,525
- Financed at 0% over 60 months: $142 per month
The financing is applied to the after-rebate amount, making monthly payments very affordable. The monthly cost is often less than your previous heating bill.
Rebate Status and Verification
The ComEd heat pump rebate program has been active and stable since 2020. As of July 2026, both the rebate amounts and the program structure remain current. ComEd updates its programs annually; the figures cited here should remain valid through 2026 and likely into 2027, but check with your contractor if you are planning an installation far in the future.
Do not rely on outdated information from contractors or online guides. If a contractor mentions federal tax credits (which ended December 31, 2025) as part of their pitch, that contractor is quoting stale information. Move on.
Rebates by Home Type in Chicago
The ComEd rebate applies uniformly across Chicago: a bungalow in Bucktown, a Lincoln Park greystone, a Rogers Park apartment building, and a South Loop high-rise all access the same rebate amounts. The rebate does not vary by neighborhood, home age, or income level. Eligibility is binary: you are a ComEd residential customer or you are not.
Larger homes or homes with poor insulation may need larger capacity systems (5+ tons) to maintain comfort on -4F design days, which can push them toward the top of the rebate tier for ducted systems. Smaller, well-insulated homes may need smaller capacity systems, receiving slightly lower rebates. The rebate scales appropriately with system size.
Stacking ComEd With Other Programs
ComEd's heat pump rebate is the only active incentive for residential heat pump installation in Illinois for 2026. There is no state-level program, no second utility rebate, no federal tax credit (it ended December 31, 2025). The ComEd rebate is your entire incentive stack.
If your home also receives natural gas service from Peoples Gas, there is no cross-utility rebate. Peoples Gas has no heat pump program. Your savings come entirely from switching from gas furnace to electric heat pump and lower electricity cost for heating.
Real-World Example: South Loop Condo
A 1,200 sq ft South Loop condo with existing ductwork and forced-air gas heating. The owner decides to convert to a ducted heat pump. The contractor is ComEd-enrolled.
- Heat pump system, installation, ductwork sealing: $9,800
- ComEd instant rebate (3.5-ton system): -$1,600
- Final cost to homeowner: $8,200
Financing at 0% over 60 months: $137 per month. Monthly heating cost drops from $400 (gas) to $250 (electricity). Monthly cooling cost (air conditioning the home never had): $80 in summer. Annual heating and cooling cost savings: $1,800 to $2,000. The $8,200 investment pays for itself in 4 to 4.5 years.
Next Steps
When you get quotes for heat pump installation, ask each contractor:
- Are you enrolled in the ComEd rebate program?
- What is the exact rebate amount for my system's capacity?
- Will the rebate be applied at point of sale or mailed later?
- What financing options do you offer?
Confirm that the contractor is enrolled BEFORE signing any contract. An enrolled contractor is the only way to access the ComEd rebate. Once you confirm enrollment, compare the quotes side by side on after-rebate cost, not on the base price.
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