Electric Heat Pump Water Heaters
Save up to $700 on the most eco-friendly water heater
Discover the great indoors with the new generation of electric heat pump water heaters. New models use clean energy and are super-efficient — using up to 70% less electricity than traditional, less efficient ones. This makes them the most eco-friendly solution for all your water heating needs and helps you conserve energy and reduce greenhouse gas emissions.
If your current water heater is 10 years or older, this is a good time to upgrade to a heat pump water heating system and take advantage of our incentives. Plus now, we offer three convenient ways to deliver our incentives and make them more affordable.
Use this chart to see if it's time for you to switch to the savings, comfort and peace of mind of a high-efficiency model.
| Type of Water Heater | Average Effective Unit Life Span (Years) |
|---|---|
| Heat Pump Water Heater | 10 |
| Indirect Water Heater | 11 |
| Storage Water Heater (Electric) | 13 |
| Storage Water Heater (Gas) | 15 |
Three easy ways to save on a heat pump water heater.
Plus take advantage of other ways these efficient water heaters could be more affordable for your budget, like low-interest financing options and federal tax credits.
Get up to $700 with an instant rebate code redeemable at checkout when you purchase a qualifying heat pump water heater at Lowe's and Home Depot. Simply look for National Grid in-store signage and scan the QR code when you are ready to shop.
After installing your new heat pump water heater, simply complete our online application to get a $700 rebate or up to 50% of the equipment cost.
You or your contractor/plumber can purchase a qualified heat pump water heater from a participating distributor to get your instant rebate. Simply supply basic project information to confirm eligibility and save $700 or up to 50% of the equipment cost.
* Heat pump equipment incentives are only available to National Grid electric service customers.
* Heat pump equipment incentives are capped at 50% of the project costs, including equipment and installer fees.