Appliance Rebate Program

Heat Pump Water Heaters

Apply for a Rebate

Save $1600 on an ENERGY STAR® certified Heat Pump Water Heater

How to Get Your Rebate

  • Ask your contractor or plumber about purchasing your unit from a participating distributor.
  • Shop at any Maryland retailer and apply for your rebate online or through the mail. Track its status online, too.
  • Get an instant rebate online or in-store at select retailers.

Click here to find qualifying models.

In addition to your $1600 rebate on qualifying ENERGY STAR heat pump water heaters, you may also be eligible for an additional 30% of the cost (up to $2,000) with Inflation Reduction Act federal tax credits.* Click here to learn more.

Is an ENERGY STAR Heat Pump Water Heater Right for My Home?

In most homes it can be installed right where your current water heater sits, making it a great option. ENERGY STAR makes it easy to determine whether a heat pump water heater is right for your home with the Water Heater Replacement Guide.

Why Choose an ENERGY STAR Certified Heat Pump Water Heater?

  • Savings: An ENERGY STAR certified heat pump water heater can save a family of four approximately $550 a year on electric bills and more than $5,610 over the lifetime of the product .**
  • Environmental benefits: If all-electric heat pump water heaters sold in the U.S. were ENERGY STAR certified, the energy cost savings would grow to about $8 billion each year and approximately 150 billion pounds of annual greenhouse gas emissions would be prevented, equivalent to emissions from more than 14 million vehicles. **

*Pepco is not a qualified tax consultant. This information is not intended as personal tax advice. Please contact a tax professional or CPA to confirm details specific to your qualifications and eligibility or visit www.irs.gov to learn more.

**Source: energystar.gov

 

Terms and Conditions

 

EmPOWER Maryland programs are funded by a charge on your energy bill. EmPOWER programs can help you reduce your energy consumption and save you money. To learn more about EmPOWER and how you can participate, click here.

The EmPOWER Maryland charge funds programs that can help you reduce your energy consumption and greenhouse gas emissions and save you money. Since the inception of the EmPOWER Maryland program in 2008, the programs have saved $14.5 billion on installed measures at a cost of $4.1 billion. In addition to new program costs, this charge includes paying off the uncollected costs that were accrued over time by programs required by the EmPOWER statute and authorized by the Commission. In accordance with House Bill 864 the uncollected amounts will be fully paid by the end of 2032.