Electric Heat Pump Water Heaters

Now you can save up to $1,250 on the most eco-friendly water heater
Discover great efficiency and comfort 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, helping 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:
- Receive an instant, in-store, or online rebate through our retail partners
- Apply for a rebate after installation using our online application
- Find a NYSCH participating contractor to install and submit the application on your behalf.
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 |
Easy ways to save up to $1,250 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 NYS tax credits.
Save $1,250 with an instant rebate code redeemable at checkout when you purchase a qualifying heat pump water heater online or in stores at participating Lowe's and Home Depot. Simply look for National Grid in-store signage and scan the QR code when you are ready to shop or get your rebate code to shop online below.
After installing your new heat pump water heater, you or your installer can complete our online application to get a $1,250 rebate.
* Heat pump equipment incentives are only available to National Grid electric service customers.