HVAC and Water Heating
Energy Trust offers incentives for businesses that install qualifying natural gas upgrades like commercial water heaters and boilers. Incentives help reduce your upfront costs and make energy-efficiency improvements more affordable.
Project Examples
Auto Shop
Project Type: Infrared Radiant Heaters
Project Cost: $26,600
Incentive: $3,200
Annual Savings: 2,100 kWh and 3,600 therms
Elementary School
Project Type: Steam Traps
Project Cost: $16,000
Incentive: $8,000
Annual Savings: 3,600 therms
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Check your eligibility.
Read More >Energy Trust provides cash incentives to businesses for energy-efficiency and renewable power projects. To qualify, you must:
- Have a project site in Oregon served by Portland General Electric, Pacific Power, NW Natural, Cascade Natural Gas or Avista and contribute to the public purpose charge. Check your bill or contact Energy Trust if you have questions.
- Be improving an existing structure.
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Find a trade ally contractor.
We can help you get started.
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Install equipment that meets the requirements listed in the Oregon Incentive Application.
See the appropriate incentive application below to confirm equipment requirements before purchasing.
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Submit documentation.
Download Application (PDF) Download Application (Excel) Download W-9
Send by Mail
Energy Trust of Oregon
Existing Buildings
111 SW Columbia St., Suite 945
Portland, OR 97201Send by Email
existingbuildings@energytrust.orgSend by Fax
503.243.1154 -
Get your incentive.
Note: A post-installation verification may apply.
See incentives available for HVAC and water heating equipment outlined in the table below. Review the incentive application equipment specifications and requirements before starting your project.
Equipment | Incentive |
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Infrared Radiant Heaters | $1.25-$2.25 per kBtu/h input |
New Rooftop Unit (RTU) with Economizer | $30 per ton of cooling capacity |
New RTU with Demand Control Ventilation (DCV) | $29 per ton of cooling capacity |
New RTU with Variable Speed Supply Fan | $100 per ton of cooling capacity |
Advanced Rooftop Controls (ARC) – Lite Retrofit | $200 per ton |
Advanced Rooftop Controls (ARC) – Full Retrofit | $300 per ton |
Air-Cooled Variable Refrigerant Flow (VRF), for Offices or Schools | $1 per sq ft of area served by VRF |
Steam Traps | $400 per repaired steam trap $500 per replaced steam trap |
Commercial Heat Pump Water Heater (HPWH) | $800 each |
Commercial Condensing Tank Water Heater | $3.50 per kBtu/h input |
Commercial Condensing Tankless Water Heater under 200 kBtu/h | $140 each |
Commercial Condensing Tankless Water Heater/Boiler at least 200kBtu/h | $1.40 per kBtu/h input |
Commercial Condensing HVAC Boiler | $6.50 per kBtu/h input |
Modulating Boiler Burner | $10 per kBtu/h of burner rated capacity |
Hydronic Heating Circulator Pumps, Single Speed Electronically Commutated Motor (ECM) | $200-$300 each |
Hydronic Heating Circulator Pumps, Variable Speed ECM | $300-$750 each |
Commercial Ductless Heat Pump – New or Replacement | $300 per ton |
Commercial Smart Thermostat at Non-grocery Properties | $400 each |
Garage Exhaust Ventilation Controls | $0.10–$0.50 per CFM |
Commercial Condensing Gas Furnace | $8-$8.25 per kBtu/h |
Commercial Pump VFD, New | $200-$1,100 per installed VFD |
Commercial Irrigation Pump VFD, New or Upgrade | $750-$6,000 per installed VFD |
Ready to apply for standard incentives? Download application forms. If you need guidance, just ask your trade ally contractor for assistance.
Custom Incentives
Energy Trust offers custom incentives for larger, more complex projects. Learn more about custom incentives >
Incentives are subject to funding availability and may change.
Incentives also available for businesses located in Southwest Washington.
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