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Electric Heat Pump Water Heaters

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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. Start saving right away with a $700 rebate and continue to save both energy and money for years to come.

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 $700 on a heat pump water heater.

Get an instant $700 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.

Get $700 rebate

After having a qualifying heat pump water heater installed at your home, simply go to our website to complete your application.

Get $700 rebate

You or your installing contractor/plumber can purchase a qualified heat pump water heater from a participating distributor and receive a $700 rebate. No application needed. Supply basic project information to the participating distributor to confirm eligibility and claim your rebate.


*Rebate applications must be submitted by no later than 12/31/24.