Tier 3 heat pump water heater incentive available for existing multifamily properties


Heat pump water heater products continue to improve and become more efficient, and can now be up to three times more efficient than conventional water heaters. Manufacturers are producing a wider range of models rated for northern climates and eligible for incentives.

  • Tier 3 heat pump water heaters of any size are eligible for a $500 incentive. The water heater must be a replacement for an electric water heater.
  • Tier 2 heat pump water heaters up to 55 gallons are eligible for a $500 incentive. The water heater must be a replacement for an existing water heater.
  • Tier 1 heat pump water heaters up to 55 gallons are eligible for a $150 incentive.

See qualifying heat pump water heater models.

The correct application form for multifamily properties is Form 320P.

For any questions about heat pump water heater incentives or eligibility, contact Nate Collins, trade ally coordinator.