Incentives & Rebates for your HVAC System
Residential Rebates
When you purchase an air conditioning system or heat pump that is Energy Star rated, residents of Massachusetts may be eligible for a rebate:
“Most Massachusetts residents are eligible to receive rebates for heating and cooling systems through Mass Save®, an initiative sponsored by Massachusetts’ natural gas and electric utilities and energy efficiency service providers. We can help you choose a rebate qualifying system and assist in applying for applicable rebates. For specific information on Mass Save rebate offers and eligibility, please visit Mass Save.”
Heating Rebates |
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| Fuel Type | System Type | AFUE | Rebate Amount |
| Oil | Furnace w/ ECM Blower | 86% | $650 |
| Hot Water Boiler | 86% | $800 | |
| Propane | Furnace w/ ECM Blower | 95% | $1,000 |
| Hot Water Boiler | 90% | $1,500 | |
| Hot Water Boiler | 95% | $2,300 | |
| Condensing Boiler w/ On-Demand Water Heater | 95% | $2,000 | |
| ENERGY STAR® certified Smart Thermostats | Must be EnergyStar labeled (4 per home) | Up to $100/thermostat | |
Water Heater Rebates
| Fuel Type | System Type | Details | Rebate Amount |
| Oil or Propane | Indirect Water Heater | Solar storage tanks are not eligible. Must be attached to an oil-fired heating system. Must replace a freestanding or tankless water heater. | $400 |
| Propane | On-Demand Tankless Water Heater | Must be ENERGY STAR® certified with 0.87 UEF* or higher with electronic ignition. | $800 |
| 7-Day Programmable Thermostats | New only. Rebate not to exceed purchase price. Limit four per account. | Up to $25/thermostat |
Air Conditioning Rebates
| Rebate Type | SEER | EER | HSPF | Rebate Amount |
| Central AC | ≥16.0 | ≥13.0 | NA | $50 per ton |
| Central Heat Pump | NA** | NA | ≥8.5 | $250 per ton |
| Oil or Propane Mini-Split Heat Pump | NA*** | NA | NA | $1250** |
| Electric Resistance Heat Mini-Split Heat Pump | NA**** | NA | NA | $1250** |
*per indoor unit
**Refer to Heat Pump Qualified Products List at MassSave.com/HPQPL.
***Integrated Controls required unless central heating system is removed.
****900 kWh difference between sum of three winter-usage and three lowest-usage months
GasNetworks Gas Rebate Program
Heating Equipment
| Natural Gas furnace with ECM | 95% AFUE rating w/ ECM | $1,000 rebate |
| Natural Gas furnace with ECM | 97% AFUE rating w/ ECM | $1,250 rebate |
| Natural Gas furnace with ECM | 97% AFUE rating w/ ECM* | $950 rebate |
| Natural Gas Hot water boiler** | 95% AFUE rating | $2,750 rebate |
| Natural Gas Hot water boiler** | 90% AFUE rating | $2,000 rebate |
| Indirect water heater (attached to above boiler) | $400 rebate | |
| Condensing gas boiler w/On-Demand water heater combo | 95% AFUE rating | $2,400 rebate |
| Condensing Boiler w/ On-Demand DHW | 95% AFUE rating | $1,600 rebate |
| Condensing Boiler w/ On-Demand DHW | 90% AFUE rating | $1,200 rebate |
| Energy Star On-Demand Tankless Water Heater – UEF ≥ .87 | $700 rebate | |
| Energy Star Qualified Storage Water Heater – UEF ≥ .64 | $100 rebate | |
| Energy Star Qualified Condensing Gas Water Heater – UEF ≥ .80 | $500 rebate | |
| Programmable Thermostat | $25 rebate | |
*with ECM and on demand hot water
**Outdoor reset control required.
Rebates can be confusing: Call us for clarification as to which rebates qualify for your home. Rebate offers and values are subject to change; the information on this page may become out-of-date. Your Preferred Air representative will have the latest information.
