EPS New Construction

Increased Incentives for gas tankless water heaters


Energy Trust of Oregon has substantially increased the gas tankless water heater incentive for new homes that are not otherwise participating in the EPS New Construction offer.

To qualify, new homes must be in Oregon and primarily heat water with natural gas provided by NW Natural, Cascade Natural Gas or Avista. Customers must purchase and install a qualifying tankless water heater in a qualifying new home by December 31, 2024. Hybrid and propane water heaters do not qualify.

Builders or their water heater installers may be eligible for one of two incentive amounts, depending on whether the home qualifies as affordable, rural* or tribal, or if the builder is registered with the Certification Office for Business Inclusion and Diversity (COBID).

Equipment TypeRequirementsIncentive Amount
Gas tankless water heaterENERGY STAR® models on this Qualified Products List$600
Gas tankless water heaterAbove criteria + affordable, rural, tribal or registered with COBID$800

Review the tankless water heater incentive form or email us to learn how you can qualify for this increased stand-alone incentive.

*To qualify as rural, homes must be sited within , excluding homes within the city limits of Corvallis, Eugene, Springfield and Hood River. Program staff can consider exceptions upon request.