Your electric utility provides funding to make this discount possible:
Heat Pump Water Heaters
Hire a contractor and get a $600 discount from your utility or Efficiency Vermont. Income-eligible Vermonters can get up to 100% of their project costs covered. You may also be eligible for federal tax credits to help offset the cost of these projects.
About this rebate
Offer available to:
- ✓ Residential Properties
- ✓ Businesses
- ✓ Rental Properties
Effective Date: April 1, 2024
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.
- Post-purchase rebate is not valid if instant rebate has already been received on the purchase of a qualifying unit through a participating distributor.
Details
- Get $600 back or receive a $600 instant discount through a participating distributor.
- Vermont homeowners whose annual household income falls at or below low or moderate-income guidelines may be eligible to have up to 100% of their project cost covered. Burlington Electric Department customers and rental property owners are not eligible for this offer at this time. Download the form to apply.
- Low income: 100% of costs up to $5,000
- Moderate income: 90% of costs up to $4,500
Instant Rebate:
- Confirm eligibility
- Find a contractor
- Contractor receives instant discount on qualifying products at time of purchase at participating distributor
or
$600 Post-Purchase Rebate:
- Confirm eligibility
- Find a retailer or contractor
- Purchase and install qualifying products
- Download rebate form or apply online
- Submit completed application with proof of purchase that includes purchase location
Income-Eligible Post-Purchase Rebate:
After confirming eligibility and completing qualifying purchase and install, download the rebate form and submit with proof of purchase.
| Partner | Additional Offer | Details |
|---|---|---|
| Burlington Electric Department | up to $1,000 | Post-purchase rebate |
| Federal Tax Credit for tax years 2023-2032 | 30% of cost, up to $2,000 per year | Federal Tax Credit details & eligibility |
| Municipalities served by VPPSA | $200 back | Post purchase rebate |
| Washington Electric Co-op | $100 for replacing a fossil fuel water heater | 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.