Our financial assistance programs can provide money for your heat pump purchase, pay to improve your home’s weatherization and efficiency, provide full support to lower your home heating bills, or connect you with a low-interest local bank loan.
Such a deal! I stacked multiple benefits together and combined a $4,000 Alaska Heat Smart ACES incentive with a low-interest heat pump loan. Now my home is oil free and I’m spending a fraction on heating bills! A 4% interest TNFCU heat pump loan is covering the balance! My advice – don’t wait. Make the switch now!
Jonah T.
As a single mother of 5, paying for heat and putting food on the table have been stressors. Money for better heat and home insulation has been out of the question. Alaska Heat Smart’s Healthy Homes program was a godsend! Now a heat pump has eliminated costly propane heat and our house is warmer and drier! A bit of under the trailer insulation has tightened things up and cut down on humidity and mildew. I think we could be saving nearly $1,000 a year on our bills!
Shannon H.
Accelerating Clean Energy Savings (ACES)
ACES combines the AHS trusted home energy assessment process with generous financial incentives (up to $8,500) to make heat pumps the default home heating system in nearly all coastal communities between Ketchikan and Kodiak! Learn more and apply here!
Healthy Homes (HH)
Healthy Homes is our ‘no-cost-to-you’ home remediation program, facilitating efficiency and cost savings for roughly 90 Juneau homes. If your family qualifies for this program, you will save annual heating money, keep your home warmer and drier, and eliminate household hazards that may be affecting both your family’s health and your wallet’s.
Alaska Carbon Reduction Fund (ACRF)
The Alaska Carbon Reduction Fund provides funding assistance for air source heat pumps in lower income qualifying households across the region. As of March 2026, the Fund has helped to cut home heating bills in half or better for nearly 90 families!
NORTHH – Nonprofit Retrofits for Health & Housing
NORTHH is our statewide program funded by the Department of Energy. NORTHH will see 25 Alaska nonprofit buildings receive energy efficiency retrofits. NORTHH aims to reduce building utility expenses and emissions, allowing mission-critical funds to be directed towards the lower income populations served by the nonprofit cohort.
Low Interest Heat Pump Loan
Alaska Heat Smart has partnered with the True North Federal Credit Union to provide residents from Metlakatla to Kodiak low-cost loans for heat pump installations. Loan amounts for qualified borrowers are available up to $20,000, for up to 60 months, and with low rates averaging 4%. An Alaska Heat Smart home energy assessment is required.
Sitka – Heat Pump Loan
Alaska Heat Smart has partnered with the Tongass Federal Credit Union in Sitka and Juneau to provide low-cost loans for heat pump installations. Loan amounts for qualified borrowers are up to $15,000 for up to 60 months with rates starting at 5.5%. An Alaska Heat Smart home energy assessment is required.
Home Energy Assessment
Our residential Home Energy Assessment Program will help you make confident, informed, and educated decisions about home electrification, heat pumps, and alternate heating options. Apply here to learn more!
The application below serves both the Alaska Carbon Reduction Fund and Healthy Homes programs. After submitting your application, we’ll connect you with the most appropriate program for you, your family, your home, and your income.