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Electric and Gas Water Heating

Father and son laughing with shaving cream on their faces. A water heater appears on the right of the image.

Increased Incentives In Effect: Limited time! Apply between 11/1 and 12/9

Let the savings, comfort, and efficiency flow with incentives on water heaters.

Start saving energy and money right away with incentives on select high-efficiency water heaters and minimize your natural gas use for years to come.

Whether you continue to use natural gas to heat water at home or choose a more environmentally friendly solution like heat pump water heaters, new, high-efficiency equipment can help you reduce energy use, which is good for your budget and with electric heat pumps, the environment too.

To see if now is a good time to upgrade your water heater, check the age and health of your current water-heating equipment—if it’s over 10 years old, now is the time to take advantage of our increased incentives. After all, nobody wants to experience a breakdown in the middle of winter.

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
On-Demand Water Heater 20

Learn about our exclusive rebates for qualifying natural gas water heating equipment and electric heat pump water heaters to help you save energy without sacrificing performance.

Electric heat pump water heater

Clean energy water-heating technology is affordable with our rebates and $300 federal tax credits.

Get $700 rebate

Gas storage water heater

Take advantage of rebates for qualifying storage water heaters.

Get $250 rebate

Get on-demand tankless water heater

Get exclusive rebates for qualifying on-demand water heaters.

Get $250 rebate

Combination boiler-water heater

One solution for all of your space- and water-heating needs.

Get $600 rebate


* Increased Incentives are available on qualifying equipment to National Grid residential gas customers in New York from November 1 to December 9, 2022. Rebate applications must be submitted by no later than 12/9/22.

*Gas equipment is only available to existing National Grid gas accounts.