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Save $1,000 When You Swap Your Water Heater

    Heat your water using much less energy and save hundreds each year on your energy bill.

    A water heater unit in a white room.

    About

    Get a $1,000 instant rebate for a qualified ENERGY STAR–certified heat pump water heater with up to 120 gallons of storage capacity.

    There are two ways to participate: Make your purchase in person at a participating Lowe’s or Home Depot retail location or have your contractor purchase a qualifying unit from a participating distributor.

    Get Started for Customers

    Step 1

    Verify your account and receive coupon code.

    Step 2

    Find participating Lowe’s or Home Depot. 
    Go Now

    Step 3

    Present coupon code at retailer while making your purchase.
    If your contractor is making the purchase, have them purchase a qualifying unit from a participating distributor to receive a $1,000 rebate as part of the installation. 

    For Customers

    Find a participating retailer location

    Filter

    For Contractors

    Find a local distributor

    Filter

    Benefits

    Benefits

    Cost Effective

    On average, a family of four could save up to $550 per year by switching to a heat pump water heater. That adds up to thousands in savings over the lifespan of the unit.

    Benefits

    Safety

    Heat pump water heaters run on electricity, so they are not flammable. There is no risk of carbon monoxide leaks.

    Benefits

    Energy Efficiency

    Heat pump water heaters are up to three times more energy efficient than conventional electric resistance water heaters.

     

    Recommended Installation Guidelines:

    Locations that are between 40º–90ºF year-round: These systems work more efficiently in warmer climates because they remove heat from the air. 

    1,000 cubic feet of air space around the water heater.

    An installation space with excess heat, such as a furnace room. Heat-pump water heaters won’t operate efficiently in a cold space. They tend to cool the spaces they are in. 

    * Details can be found at ENERGY STAR.
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