Washing hands in warm water

Heat Pump Water Heater

A more efficient way to heat your water.

Heat pump water heaters use electricity to move heat from one place to another instead of generating their own heat like a traditional electric water heater. Because of this, they can be two to three times more energy efficient than conventional electric resistance water heater, according to the Department of Energy (DOE). To move the heat, heat pumps work like a refrigerator in reverse.

  • A refrigerator pulls heat from inside the box and transfers into whatever room it is in.
  • An electric heat pump water heater pulls heat from the room and transfers it into the tank at a higher temperature to heat the water.

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Purchase a qualifying unit from a participating retailer
NHSAVES has partnered with several retailers across the state to offer you an instant in-store rebate of $750. You may purchase a heat pump water heater directly from the retailer to receive the instant rebate. Either visit https://e-rebates.org/NHSaves_HPWH or text “NHSAVES750” to 1-833-950-1404 to validate your eligibility and receive a bar code. Present the bar code at the register and an instant rebate of $750 will be applied to the purchase price.Instant in-store rebates are available at the following New Hampshire retailers:

    • Home Depot
    • Lowe’s

Rebate Details

  • $750 up to 80 gallons
  • Uniform Energy Factor (UEF) must be equal to or greater than ≥3.30 UEF or for 120 Volt/15 Amp Circuit models ≥2.20 UEF
  • Must be ENERGY STAR® Certified

Eligibility Requirements

  • Must be ENERGY STAR Certified
  • Must meet the minimum efficiency rating
  • Must be a residential electric customer of a participating New Hampshire utility
  • Purchase must be made between January 1, 2022 and December 31, 2022 Rebate is a limited time offer while funds are available and may be subject to change at any time
  • Rebate must be postmarked no later than January 31, 2023
  • You may purchase a heat pump water heater directly from Home Depot or Lowe’s to receive a $750 instant rebate. For more information on instant rebates through participating retailers call 800-232-0672 or email ask@efi.org.