Electric Hot Water Heaters
Federal Rebates for Energy Star Heat Pump Hot Water Heaters (HWH): This fall, federal rebates of up to $1750 for an Energy Star home heat pump HWH should become available for those earning less than 150% of our Area Median Income.
Federal Tax Incentives for Energy Star Heat Pump Hot Water Heaters: 30% of project cost up to a maximum of $2000.
(In addition to limits on the amount of credit you can claim for any particular equipment installation or home improvement, there are annual aggregate limits.
The overall total limit for an efficiency tax credit in one year is $3,200. This breaks down to a total limit of $1,200 for any combination of home envelope
improvements (windows/doors/skylights, insulation, electrical) plus furnaces, boilers and central air conditioners. Any combination of heat pumps, heat pump
water heaters and biomass stoves/boilers are subject to an annual total limit of $2,000.)
SMPA has rebates for electric hot water heaters as follows:
Electric Resistance Water Heater (only for new construction or fuel switching).
Energy.gov - Selecting a New Hot Water Heater - gives some great introductory information on these heater types.
Energy.gov - Heat Pump Hot Water Heaters - describes the benefits and limitations of these units.
Conventional storage water heaters offer a ready reservoir (storage tank) of hot water which is adequate for everyday use. However, there are some instances, such as when more than one use for hot water is occurring or when there are guests in the home, increasing the requirements for hot water.
Tankless or demand-type water heaters heat water directly without the use of a storage tank. This type of water heater is designed to provide an adequate supply of hot water without running out when adequately sized.
Heat pump water heaters move heat from one place to another instead of generating heat directly for providing hot water, resulting in high efficiencies and significant cost savings. However, they generally take up more room.
Solar water heaters use the sun's heat to provide hot water and also save money on energy bills.
Tankless coil and indirect water heaters use a home's space heating system to heat water.
Energy.gov info on Tankless or Demand-Type water heaters -
New Infographic and Projects to Keep Your Energy Bills Out of Hot Water
- Maximum Allowed Rebate Amount Per Household Below 80% Area Median Income (AMI) - 100% of project costs up to $1750
- Maximum Allowed Rebate Amount Per Household Between 80 & 150% of AMI - 50% of project costs up to $1750
Federal Tax Incentives for Energy Star Heat Pump Hot Water Heaters: 30% of project cost up to a maximum of $2000.
(In addition to limits on the amount of credit you can claim for any particular equipment installation or home improvement, there are annual aggregate limits.
The overall total limit for an efficiency tax credit in one year is $3,200. This breaks down to a total limit of $1,200 for any combination of home envelope
improvements (windows/doors/skylights, insulation, electrical) plus furnaces, boilers and central air conditioners. Any combination of heat pumps, heat pump
water heaters and biomass stoves/boilers are subject to an annual total limit of $2,000.)
SMPA has rebates for electric hot water heaters as follows:
Electric Resistance Water Heater (only for new construction or fuel switching).
- Must have timer / controller installed and operable. 30 Gallon & Above | $150
- Must be Energy Star certified, May have have a back-up resistance element. 30 Gallon & Above | $700
Energy.gov - Selecting a New Hot Water Heater - gives some great introductory information on these heater types.
Energy.gov - Heat Pump Hot Water Heaters - describes the benefits and limitations of these units.
Conventional storage water heaters offer a ready reservoir (storage tank) of hot water which is adequate for everyday use. However, there are some instances, such as when more than one use for hot water is occurring or when there are guests in the home, increasing the requirements for hot water.
Tankless or demand-type water heaters heat water directly without the use of a storage tank. This type of water heater is designed to provide an adequate supply of hot water without running out when adequately sized.
Heat pump water heaters move heat from one place to another instead of generating heat directly for providing hot water, resulting in high efficiencies and significant cost savings. However, they generally take up more room.
Solar water heaters use the sun's heat to provide hot water and also save money on energy bills.
Tankless coil and indirect water heaters use a home's space heating system to heat water.
Energy.gov info on Tankless or Demand-Type water heaters -
New Infographic and Projects to Keep Your Energy Bills Out of Hot Water
