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Save up to $950/year vs natural gas & electric heating. TX Utility Rebate rebate up to $500 + $750 Denton Municipal Electric rebate.
Estimated Savings
$950/yr
vs natural gas & electric
$500
TX Utility Rebate
$750
Denton Municipal Electric
~18 yrs
estimated
Denton, Texas homeowners switching from natural gas & electric to a heat pump can save approximately $950 per year on heating costs. The local utility, Denton Municipal Electric, charges $0.12/kWh for residential electricity. A heat pump replaces both your furnace and air conditioner, providing year-round heating and cooling at a fraction of the cost.
Hot summers with mild winters. Standard heat pumps excel - cooling is the primary need. Both standard and cold-climate heat pump models work well in Denton. We recommend Daikin FIT and Goodman GSZC18 for this area.
The TX Utility Rebate rebate covers up to $500 of installation costs. Denton Municipal Electric adds another $750 utility rebate on top. The federal 25C heat pump tax credit expired at the end of 2025, making these state and utility incentives more important than ever.
NuWatt Energy installs heat pumps directly in Denton — no subcontractors. We handle the full process: sizing assessment, equipment selection, installation, and all TX Utility Rebate rebate applications. Pair with solar to reduce your heat pump operating costs to near zero.
Expired December 31, 2025. Previously 30% up to $2,000.
Texas utility rebates vary by provider (Oncor ~$600, CoServ ~$500).
Heat pump rebate from your local utility, Denton Municipal Electric. Can be stacked with TX Utility Rebate.
municipal · $0.12/kWh
Heat Pump Rebate
$750
EV Charger Rebate
$300
Additional Programs
investor_owned · $0.16/kWh
Heat Pump Rebate
$500
Hot summers with mild winters. Standard heat pumps excel - cooling is the primary need.
+ 66 more towns in Texas