Air-to-Water Heat Pumps
Work with an Efficiency Excellence Network contractor to install your heat pump and get up to $6,000 back, plus a $500 bonus for income-eligible Vermonters.
About this rebate
Offer available to:
- ✓ Residential Properties
- ✓ Businesses
Effective Date: January 1, 2020
Offer subject to change.
Qualified Products List View list
- Must be new, installed in Vermont, and listed on the Qualifying Products List at the time of purchase. Used, rebuilt, or refurbished equipment is not eligible.
- Building must have a water-based distribution system, ideally radiant heating (generally connected to a boiler).
- Must be installed by an Efficiency Excellence Network contractor in the air-to-water heat pump group.
- Commercial new construction projects are not eligible for this rebate.
Details
- $1000/ton rebate (maximum of 6 tons)
- $500 income bonus rebate
Income Bonus
Vermonters whose household income meets the guidelines below may qualify for a $500 bonus rebate. Download the form or apply online.
Income is defined as the total annual gross income of all family and non-family members 18+ years old living within the household. To calculate income, take the monthly amount from the last one-to-two paychecks for yourself and the people in your household (before taxes) and multiply by 12. Include all wages, including regular salaries and overtime. If you are self-employed, use the previous month of pretax income and multiply by 12.
All sources of income must be counted from all persons in the household based on anticipated income expected within the next 12 months. Possible types of income include but are not limited to: wages, salary, tips, bonuses or commissions payments, public assistance, social security/SSI, child support, regular gifts, unemployment, income earned on assets (savings, IRA, etc.) and some types of financial aid.
- Hire an Efficiency Excellence Network contractor
- Work with contractor to install qualified equipment
- Download rebate form or apply online
- Submit completed application with proof of purchase
- Receive $1000/ton rebate (maximum 6 tons)
Please note:
- Generally, fossil fuel heating system must be maintained as a backup heat source.
- Existing boiler may need to be upgraded to be compatible with heat pump.
Partner | Additional Offer | Details |
---|---|---|
Burlington Electric Department | up to $6,000 | Post-purchase rebate |
Washington Electric Co-op | $500 | Bonus rebate |
Secure financing to help pay for energy-saving improvements.
Financing for Business
Business Energy Loan
Low-interest financing for business, nonprofits, and institutions.
Financing for Homeowners
Home Energy Loan
Flexible financing for homeowners starting at 0% interest.