Heat Pump Water Heater Rebates and Credits

Heat Pump Water Heater Rebates and CreditsIf you’re thinking about replacing your electric water heater, now is a great time to take advantage of an excellent rebate opportunity from MassSave. If you install a qualifying heat pump water heater and you receive your electrical service from a MassSave program sponsor, you can take advantage of a $750 rebate.

Until December 31, 2016, you can also take advantage of a federal income tax credit of $300 on your heat pump water heater purchase. That means you can reduce the cost of installation of a heat pump water heater by $1,000 just by acting right now.

Heat pump water heaters keep saving

The savings don’t stop there. A heat pump water heater can reduce your annual energy spending by more than $300! There’s no reason not to take advantage of this exceptional rebate-and-credit offer.

Heat pump water heaters aren’t appropriate for every space because they extract heat from the surrounding air. Heat pump water heaters work best in spaces that remain at a temperature of 50° F or higher. They also need about 750 square feet of space to work. Heat pump water heaters aren’t approved for use in utility closets, even if the closet has a louvered door.

Worried about not having enough hot water on a cold winter morning? Most heat pump water heaters are hybrid devices. They work first as a heat pump, but have an electric backup system to ensure that your hot water is always hot!

If you’d like more information about heat pump water heaters, this excellent rebate opportunity through MassSave, or you’re trying to figure out whether a heat pump water heater is a good choice for your home, please give us a call at Boston Standard Plumbing & Heating at (617) 288-2911 to schedule a consultation. This rebate program and the associated tax credit are both time limited offers, so don’t wait!

Photo Credit: Oak Ridge National Laboratory, via Flickr.com