Tankless (On-Demand Water Heaters)
In alignment with the commonwealth's climate policy and goals, including a mandate passed into law by the 2021 Climate Act, rebates, incentives and financing for equipment powered by natural gas, oil and propane are discontinued. Eligible natural gas, oil and propane heating and water heating equipment must have been purchased and installed by August 31, 2024, and all necessary documentation must have been submitted by September 30, 2024, to receive a rebate. An exception to this requirement is for income-eligible households. Incentives remain available for income-eligible customers upgrading existing fossil fuel equipment to high efficiency models. Learn more about the discontinuation of fossil fuel rebates and incentives.
Consider replacing your water heating equipment with a high-efficiency heat pump water heater. Heat pump water heaters are the most efficient way to heat water in a home – up to three times more efficient than conventional electric water heaters.
In addition to incentives, you can also take advantage of federal tax credits to further lower the price of purchasing and installing a heat pump water heater.
For existing water heating equipment, regular maintenance is recommended to ensure maximum efficiency.
Case Study: All-Electric Home in Acton
When setting out to build a new home, homeowners in Acton wanted a high level of energy efficiency and a low carbon footprint. With a ducted heat pump, heat pump water heater, solar array, and battery storage, these homeowners have an annual electric savings of 9,595 kWh.
Case Study: Drury Residence
A Greenfield homeowner received $10,000 in incentives after participating in a no-cost energy assessment and replacing his furnace and water heater with clean, efficient heat pump systems.