Get $500 Off Your Next Heat Pump
Clients who schedule and have their next heat pump installed by Valley within the next month will receive an extra $500 off their next heat pump. That’s $5,500 in potential savings from Efficiency Maine, Tax Credits, & Valley.
*Offer starts September 1, 2023. This is a limited time offer. Please ask if you cannot schedule your install by September 30, 2023. Any exception will be made on a case-by-case basis.
At Valley Home Services, we are dedicated to helping you get energy efficient home heating and cooling systems at affordable prices. That means providing access to instant rebates and promotions from our company and from other programs like Efficiency Maine. Check back here for the latest rebates and promotions.
Save $5,000 buying a Heat Pump, maybe more!
2023 Tax Credits
Maine homeowners can now receive an additional $2,600 back in their income taxes when installing a heat pump in 2023.
$2,000 is available for the cost of heat pump installation(s)
$600 is available for the cost of a new circuit panel, if required
Learn more about the Energy Efficient Home Improvement Tax Credits here. Tax Credits equal 30% of the homeowner’s heat pump installation costs and can be claimed to cover the cost of the heat pump, installation labor, and more.
Here is a link to the 5695 instructions and form that homeowners will need to fill out when filing their 2023 taxes.
Tax credits can be used with Efficiency Maine Rebates for an additional $2,400 savings!
And with your town’s rebate! Learn more
Statewide Heat Pump Rebates
Save up to $2,400 with Efficiency Maine Rebates with INSTANT REBATES
Thanks to you, we’ve rebated over 100,000 heat pumps in a state with only 600,000 homes. We’re leading the country. Today we’re announcing a shift in focus for our rebates from “partial-home” heat pumps to whole home heat pumps.
Highlights are:
- Rebate amounts are increasing:
- Low income – 80% up to $8,000 rebate (for participants in HEAP, SNAP, TANF, MaineCare)
- Moderate income – 60% up to $6,000 rebate (income-based, no longer property assessed value)
- Any income – 40% of project cost up to $4,000 rebate
- Heat pumps must be sized to meet at least 80% of the home’s peak heating load.
- Heat pumps must be single-zone and eligible for the tax credit under Section 25C of the Internal Revenue Code, made possible by the Inflation Reduction Act (no longer HSPF-based)
- Boilers/furnaces will need to be removed, disabled (by cutting wire outside panel), or connected only to a generator.
- These new rebates are available on projects completed on or after 9/18/2023. Our previous rebates are available on projects completed by 10/31/2023, or on projects with low- and moderate-income reservations made before 9/18/2023.
- Note: $2,000 federal tax credits are available to support both partial-home and whole-home heat pumps.
For complete details, click here.
What is an instant rebate?
You receive your Efficiency Maine Rebate before you pay!
You don’t wait for your rebate; instead, we take it off your bill before you pay. We save you the trouble of researching and extra work to get your Efficiency Maine rebate!
Valley Home Services checks your home’s rebate status and provides you with pre-filled rebate forms at installation to sign, advising you on your options and heat pump requirements in order to obtain the largest rebate available to you.
Contact Valley Home Services to learn about instant rebates, as well as visit Efficiency Maine’s website for qualifying details about programs and incentives, to help your home or business become more efficient while saving you money.
Heat Pump Grants by Town
Bangor Residents Can Save up to $2,000
with the City of Bangor Rebates
Contact Valley Home Services to learn about Bangor’s rebates, as well as visit Bangor’s Website for qualifying details about the program. Grants for this program are being made available through the City’s Community Development Block Grant (CDBG) program. Eligibility is based on a homeowner’s income relative to how many individuals live at the home.
Auburn Residents Can Double Their Efficiency Maine Rebate
with the City of Auburn’s Sustainable Auburn Matching Rebate Program
Contact Valley Home Services to learn about Auburn’s rebates, as well as visit Auburn’s Website for qualifying details about the program. Rebates for this program are being made available through Auburn’s American Rescue Plan Act (ARPA), a program created to provide funding to match Efficiency Maine rebates for Auburn residents. Eligibility is based on Proof of receipt of an Efficiency Maine rebate.
South Portland – Currently Not Accepting Applications
South Portland’s Electrify Everything! City Rebates ended as of July 31, 2023 after all funding being given out
Contact Valley Home Services to learn about South Portland’s rebates, as well as visit South Portland’s Website for details about the program. Funding for this program are being made available through the One Climate Future, a partnership between South Portland and Portland. Eligibility is based on a homeowner’s income relative to how many individuals live at the home and proof of your Efficiency Maine rebate.
