Massachusetts Heat Pump Rebates
Why Choose High-Efficiency Heat Pumps?
Installing a high-efficiency heat pump not only benefits the environment but also your wallet. With up to $10,000 in rebates per home for air source heat pumps, the Mass Save program is a significant opportunity for homeowners in Massachusetts looking to transition away from fossil fuel systems. For many customers, these rebates cover nearly the entire cost of the project.
Mass Save Rebates
Home Rebate Opportunities
In 2024, Mass Save is offering enhanced rebate amounts for whole-home heat pump installations. Depending on your income qualifications, you could receive up to $16,000 in rebates.
Partial-Home Rebates
If you're not ready to convert your entire home to heat pumps, Mass Save also offers partial-home rebates of up to $10,000. This option allows you to supplement your existing heating system with high-efficiency heat pumps.
Explore Financing Options
In addition to rebates, Mass Save offers the HEAT Loan, a zero-interest, 7-year loan of up to $50,000. Also, RYCOR offers 0% Financing option that covers the cost of your whole-home heat pump installation.
Eligibility Requirements
Permits, Paperwork, Rebates - We handle It All
Be a residential electric customer in Massachusetts served by Cape Light Compact, Eversource, National Grid, Liberty Utilities, Berkshire Gas or Unitil.- Equipment must be ENERGY STAR® Cold Climate certified.
- Use the equipment to supplement or replace oil, propane, or electric baseboard as the primary heating system.
- Purchase and install equipment between January 1, 2024, and December 31, 2024.
- Have the equipment installed by a licensed contractor who is a member of the Mass Save Heat Pump Installer Network.
- Ensure all necessary forms and documentation are submitted within 60 days of installation.
Inflation Reduction Act Tax Credits
Formerly known as the Energy Efficient Home Improvement Tax Credit, the Inflation Reduction Act (IRA) tax credits offer further opportunities to save on qualifying home upgrades.
Heat Pumps and Ductless Mini Splits: Up to $2,000 annual limit.
Don't miss out on these valuable rebates!
Contact RYCOR today to schedule a consultation and take the first step towards efficient, cost-effective heating and cooling solutions.
Maximize Your Savings with RYCOR
Make the smart choice for your home by transitioning to our Mitsubishi Electric Mini-Splits. We specialize in helping you qualify for rebate programs, ensuring upfront application for immediate savings. With our energy-efficient solutions, not only will you enjoy lower utility bills, but our experienced team will also provide personalized guidance throughout the process. Don't hesitate to contact us with any inquiries—we're here to make your switch hassle-free and rewarding!