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.
- 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.