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Get a Free QuoteGot the PECO postcard about the $350 spring rebate? Here's the full picture: PECO customers in Philadelphia metro can stack the base rebate with EAP (Electrical Association of Philadelphia) bonuses for over $1,950 total on heat pumps — plus separate rebates for heat pump water heaters and ENERGY STAR appliances.
Spring promotion ends May 31, 2026 — install and apply within 90 days.
$300
PECO Base ASHP
Act 129
$1,400
EAP Tier 3 Max
SEER2 18.0+
$250
Hybrid Adder
Dual-fuel bonus
$1,950+
Max Combined
Highest in PA
PECO Energy is an Exelon company and Pennsylvania's largest electric distribution company. Its service territory covers the five counties of southeastern Pennsylvania surrounding Philadelphia.
Philadelphia County
City of Philadelphia — urban rowhomes, high density
Delaware County
Media, Drexel Hill — suburban
Chester County
West Chester, Downingtown — suburban/rural
Montgomery County
King of Prussia, Norristown — suburban
Bucks County
Doylestown, Newtown — suburban/rural
The Electrical Association of Philadelphia (EAP) is a unique advantage for PECO customers. These tiered bonuses are applied on top of the standard PECO Act 129 rebate, creating the highest heat pump incentive available in Pennsylvania.
$500
EAP bonus rebate
$1,000
EAP bonus rebate
$1,400
EAP bonus rebate
Use HICRA-registered contractor. Install ENERGY STAR certified HP meeting EAP efficiency minimums.
Submit online at peco.com/smart-energy with proof of purchase and installation invoice.
Separate application through EAP. Provide equipment specs showing SEER2/HSPF2 ratings.
PECO and EAP rebates processed independently. Allow 6-8 weeks for each.
The spring PECO postcard mentions up to $350 in rebates. That amount applies across three product categories — and PECO customers can claim each of them in combination with the Act 129 heat pump incentives and EAP stacking bonuses above.
Qualifying central air source and ductless mini-split heat pumps. Stack with EAP tiers for up to $1,950+ total.
Separate PECO rebate on qualifying heat pump water heaters. Often the best efficiency upgrade per dollar spent.
Select ENERGY STAR certified home appliances also qualify for PECO spring rebates. Check peco.com/rebates for the current qualified product list.
Mark these dates so your rebate doesn't miss the window.
Now — May 31, 2026
Get ENERGY STAR certified heat pump, heat pump water heater, or qualifying appliance installed by a HICRA-registered contractor. The spring promotion requires install on or before May 31.
Within 90 days of install
PECO requires the rebate to be submitted within 90 days of purchase or installation. Apply at peco.com/rebates with proof of purchase and installer invoice. Submit the separate EAP application for the bonus tier in parallel.
By July 20, 2026
If you prefer mail-in, final postmark date is July 20, 2026. Include all documentation in one envelope.
By July 31, 2026
Final online submission date at peco.com/rebates is July 31, 2026. Online is faster and provides confirmation tracking.
6–8 weeks later
PECO and EAP rebates are processed independently. Expect your check or bill credit in 6–8 weeks per rebate.
Don't wait on the install
Heat pump installers in SE PA are booked 2–4 weeks out in peak season. To hit the May 31 spring rebate deadline, schedule your free consultation now and reserve an install slot.
PECO's residential rate of approximately $0.21/kWh is on the higher end for PA. However, SE PA is in climate Zone 4A — the mildest zone in Pennsylvania — which means heat pumps perform more efficiently here than in colder parts of the state.
Total rate: ~$0.21/kWh
PTC (generation): ~$0.11/kWh
Distribution: ~$0.10/kWh
Up ~20% YoY from PJM capacity
Mildest climate zone in PA
Design temp: 8-13°F
Higher seasonal COP (3.0-3.5)
HP performs well as primary heat
PA is deregulated — shop for supply
PA Power Switch (papowerswitch.com)
Lock in a fixed rate to reduce HP operating cost
PECO handles distribution regardless
Select PECO as your utility and choose your EAP tier to see your combined incentive amount.
Customize your system to see rebates instantly
Customize Your System
Greater Philadelphia / Southeast PA
Central ducted system replacing furnace + AC
Based on your energy efficiency savings level
Your Estimated Rebates
Estimated Net Cost
PECO EAP Program: PECO offers additional Energy Assessment Program (EAP) rebates on top of standard ASHP rebates. Tier 1: $500, Tier 2: $1,000, Tier 3: $1,400 based on energy savings achieved. Plus $250 hybrid heat pump adder.
Estimates based on 2026 PA utility rebate programs. Actual rebate and installation cost determined by your contractor and utility. Federal 25C tax credit expired Dec 31, 2025 -- not included.
The spring PECO rebate promotion ends May 31, 2026. Equipment must be installed and the rebate application submitted within 90 days of purchase or installation. Mail-in rebate submissions are due July 20, 2026, and online submissions are due July 31, 2026. Visit peco.com/rebates to submit.
PECO's spring promotion offers up to $350 in rebates on qualifying ENERGY STAR certified heat pumps, heat pump water heaters, and ENERGY STAR appliances. In addition to this, PECO customers can stack the EAP (Electrical Association of Philadelphia) bonus — up to $1,400 more — through a separate application. Max combined stack: over $1,950 for heat pumps.
Yes. PECO offers a rebate on qualifying heat pump water heaters as part of its spring promotion through May 31, 2026. A heat pump water heater uses up to 60% less energy than a standard electric water heater and is often the single best efficiency upgrade per dollar. Check peco.com/rebates for the current HPWH rebate amount and qualified models.
PECO offers rebates on ENERGY STAR certified heat pumps, heat pump water heaters, and select ENERGY STAR home appliances as part of the spring 2026 promotion. Exact qualifying models are listed on peco.com/rebates. The total combined rebate is up to $350 per household before EAP stacking bonuses.
PECO requires rebate applications to be submitted within 90 days of equipment purchase or installation. For the spring 2026 promotion, mail-in submissions are due by July 20, 2026, and online submissions through peco.com/rebates are due by July 31, 2026.
The Electrical Association of Philadelphia (EAP) offers tiered bonuses on top of the PECO base rebate. Tier 1 ($500) requires SEER2 15.2+, Tier 2 ($1,000) requires SEER2 16.0+, and Tier 3 ($1,400) requires SEER2 18.0+. All tiers require HSPF2 7.8 minimum. Apply through the EAP separately from the PECO rebate application.
The maximum combined heat pump incentive for PECO customers is over $1,950: PECO base ($300) + EAP Tier 3 ($1,400) + dual-fuel/hybrid adder ($250). Equipment must meet SEER2 18.0+ and HSPF2 7.8+ for the Tier 3 bonus. Homeowners who install before May 31, 2026 qualify for the spring promotion window.
PECO Energy (an Exelon company) serves approximately 1.6 million electric customers in southeastern Pennsylvania. The service territory covers Philadelphia, Delaware, Chester, Montgomery, and Bucks counties — essentially the greater Philadelphia metropolitan area. PECO is PA's largest EDC.
PECO's residential electric rate is approximately $0.21/kWh as of early 2026, with a price-to-compare (PTC) rate around $0.11/kWh for the generation portion. PA is a deregulated market, so PECO customers can shop for competitive supply rates while PECO handles distribution. The rate has increased approximately 20% year-over-year due to PJM capacity cost surges.
Get matched with HICRA-registered installers in the Philadelphia metro area who handle PECO Act 129, EAP bonus stacking, heat pump water heaters, and ENERGY STAR appliance rebates — all from one quote.