Looking to keep your home cozy year-round? Consider installing a high-efficiency air source heat pump! These systems are a smart and efficient way to maintain your home’s comfort, whether it’s hot or cold outside.
Air source heat pumps work by extracting heat from the air outside and distributing it throughout your home. When the weather warms up, they can also provide cooling by reversing this process.
Whether your home has existing ductwork or not, there’s a heat pump option for you. Ducted and ductless heat pumps are available, making them suitable for a wide range of homes.
Plus, there are federal tax credits available to help offset the cost of purchasing and installing an air source heat pump, making it an even more attractive option for homeowners.
Rebates:
Depending on whether you’re installing a whole-home or partial-home system, you could be eligible for significant rebates:
- Whole-home rebates: Up to $10,000 per home, along with a federal tax credit of up to $2,000.
- Partial-home rebates: Up to $1,250 per ton, with a maximum rebate of $10,000, along with potential additional incentives for income-qualified households.
Cost Example:
Here’s an example of the potential savings:
- Average installation cost: $22,000
- Mass Save rebate (Whole-Home): Up to $10,000
- Federal tax credit: Up to $2,000
- Net project cost after incentives: As low as $10,000
How to Participate:
- Confirm Eligibility: Make sure your home meets the eligibility requirements.
- Ensure Your Home Has Sufficient Weatherization: This is a requirement for whole-home rebates.
- Find a Qualifying Contractor: Work with a contractor participating in the Mass Save Heat Pump Installer Network.
- Purchase & Install Eligible Equipment: Choose and install an eligible heat pump system.
- Submit Rebate Form with Required Documentation: Apply online or by mail, including all necessary documentation.
Eligibility:
- Offers are valid for residential customers replacing oil, propane, electric resistance, or natural gas heating systems.
- Equipment must be installed between January 1, 2024, and December 31, 2024, by a participating contractor.
- Equipment must be ENERGY STAR® Cold Climate certified and installed to displace existing heating systems.
- Whole-home rebates require sufficient weatherization and completion of a verification form.
If you have any questions or need assistance, feel free to give us a call at 857-237-2445. We’re here to help you make your home more comfortable and energy-efficient with an air source heat pump in Revere, MA.
