Energy Rebate Hub

Heat Pump Water Heater Rebates

Get up to $1,250 in Mass Save rebates plus a 30% federal tax credit for upgrading to an efficient heat pump water heater.

View Rebate Amounts

Annual Savings

Electric Tank (baseline) $550/year
Heat Pump Water Heater $165/year
Annual Savings $385/year

Based on MA average electricity rates. Actual savings vary.

How Heat Pump Water Heaters Work

Instead of generating heat directly like traditional water heaters, heat pump water heaters move heat from the surrounding air into the water tank - the same technology used in refrigerators and air conditioners, but in reverse.

  • 2-3x More Efficient

    Uses 50-70% less electricity than standard electric water heaters

  • Cools & Dehumidifies

    Bonus cooling effect in the space where it's installed (great for basements)

  • Same Hot Water

    Delivers the same amount of hot water as a traditional tank

Efficiency Comparison (UEF)

Standard Electric Tank 0.92 UEF
Gas Tank 0.70 UEF
Heat Pump Water Heater 3.5+ UEF

UEF = Uniform Energy Factor. Higher is more efficient.

2026 Water Heater Rebate Amounts

Mass Save offers rebates for heat pump water heaters, with higher amounts for income-qualified households.

Equipment Standard Rebate Income-Qualified
Heat Pump Water Heater (50+ gal) $750 $1,250
Heat Pump Water Heater (< 50 gal) $500 $1,000
Federal Tax Credit 30% (up to $2,000) 30% (up to $2,000)

Example: 50-Gallon Heat Pump Water Heater

Equipment + Installation $2,500
Mass Save Rebate -$750
Federal Tax Credit (30%) -$525
Your Cost $1,225

Payback Period

With $385/year in energy savings:

3.2 years

Then save $385+ every year for 10-15 year lifespan

Installation Requirements

Ideal Locations

  • • Basement (most common)
  • • Garage (if climate-controlled)
  • • Utility room with good airflow
  • • Spaces that stay 40-90°F year-round

Space Requirements

  • • ~700+ sq ft of surrounding air space
  • • Ceiling height: 7 ft minimum
  • • Clearance for air circulation
  • • 240V electrical outlet (same as dryer)

Popular Heat Pump Water Heaters

Rheem ProTerra

Top-rated efficiency, WiFi enabled, quiet operation

Capacity50/65/80 gal
UEF4.0
Price$1,800-$2,400

A.O. Smith Voltex

Reliable brand, multiple modes, good warranty

Capacity50/66/80 gal
UEF3.5-3.8
Price$1,600-$2,200

Bradford White AeroTherm

Pro-grade quality, quiet, compact design

Capacity50/80 gal
UEF3.5
Price$1,700-$2,300

Ready to Upgrade Your Water Heater?

Start with a free Home Energy Assessment to get personalized recommendations and confirm your rebate eligibility.

Schedule Free Assessment

Get More Savings Tips

Get our free rebate toolkit plus expert strategies for maximizing your water heater rebates.