Rebate Overview
Overview
Peninsula Clean Energy offers a rebate for homeowners replacing their electric resistance water heaters with heat pump water heaters. You can save $500 when upgrading to a new heat pump water heater if you previously had an electric one. If you have two water heaters to upgrade, you can save up to $1,000, with one rebate per water heater.
This rebate only applies to replacing existing electric resistance appliances.
Benefits
Upgrading to a heat pump water heater can make your home more comfortable and energy-efficient. It helps reduce your energy bills and lowers your carbon footprint, contributing to a healthier environment. Plus, it can increase your home's value by adding modern, eco-friendly features.
More Information
- Rebate amount: $500 per heat pump water heater installed.
- Limit: One rebate per water heater replaced. Limited to two heat pump water heater rebates per electric account.
- Rebates are available on a first-come, first-served basis while funds last.
- Rebate application must be submitted within 90 days of the upgrade's installation date.
- Rebates are up to 100% of each upgrade's installed cost (equipment + labor) or maximum rebate amount, whichever is less.
- Rebates are available to eligible upgrades installed on or after November 1, 2024.
- Rebates are available to homeowners in San Mateo County or Los Banos who own the home where the upgrade is being installed.
- Rebates are available for replacing gas, propane, or oil appliances with qualified electric ones.
- Proof that the old equipment was removed or disabled (like a capped gas line or removal photo) is required.
- Rebates are limited to two per electric account for both heat pump water heater and heat pump HVAC installations.
- Additional bonus rebates may be available for electrical panel upgrades and CARE/FERA customers.
- Rebates are subject to change at Peninsula Clean Energy's discretion, with advance notice provided on their website if levels change.
Details
- Incentive type: Rebate
- Amount: $ 500
- Category: Water Heater Heat Pump
- Provider: Peninsula Clean Energy
- Applies to replacing existing equipment: Electric Resistance
- Link: More details
Maximize Your Savings with QuitCarbon
QuitCarbon's free, expert guidance makes it simple and affordable to get fossil fuels out of our homes. We've helped thousands of homeowners with planning, installation, and rebates on upgrades like heat pumps, mini-splits, induction cooking, and EV chargers.
QuitCarbon is a certified B Corp and ENERGY STAR® partner that provides free assistance with clean energy upgrades.
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