Heat Pump Water Heater Discounts


Heat Pump Water Heater Discounts

Your home’s water heater uses more energy than your refrigerator, clothes washer, dishwasher and dryer combined. Switching to an ENERGY STAR® certified heat pump water heater can save you hundreds of dollars every year on energy costs.*

Purchasing Options

$1,500 discount
when purchased through and installed by a participating contractor.

$1,250 discount
when purchased through a participating retailer.**

**Available on select in-store models only. Requires discount barcode to present to cashier at time of purchase

View estimated Savings and Payback Times* and this  fact sheet to find out if an ENERGY STAR certified heat pump water heater is right for you.

Save even more with the Switch-to-Electric Program

Get up to $2,500 discount plus up to $3,000 for eligible electrical make-ready updates when you switch from a fossil fuel water heater to an electric heat pump water heater.

*Source: energystar.gov
Limit of one heat pump water heater per eligible residential customer account of Potomac Edison in Maryland on qualified purchases through December 31, 2026. Potomac Edison, their parents, subsidiaries, employees, affiliates and agents assume no responsibility for the performance of the equipment or equipment warranty, the quality of the work, labor and/or materials supplied, and/or the acts or omissions of any contractor. Incentive amounts are subject to change and available while funding lasts.

Audit Comparison Chart
Quick Home Energy Checkup Program Home Performance with ENERGY STAR® Program
Customer fees No Fee $100 Fee
Audit performed by a certified Building Performance Institute (BPI) contractor x
Diagnostic testing x
Comprehensive Home Performance Report (detailed findings and recommended improvements) x
No cost, energy-saving products which include
  • NEW Advanced power strips
  • Efficient faucet aerators
  • Electric water heater pipe insulation
  • Water-saving showerheads
x x
Rebate up to 75% or $10,000 of the costs of energy-saving home improvements (based on estimated energy savings from final audit).
  • Insulation
  • Windows
  • Air Sealing
  • Duct Sealing
  • HVAC equipment upgrades
x
Household Size Annual kwh Savings Annual $ Savings Payback (Years) Lifetime Savings
Savings and Paybacks for ENERGY STAR® Heat Pump Water Heaters*
2 1,350 $170 4.6 $1,470
3 2,020 $260 3.0 $2,610
4 2,690 $350 2.3 $3,750

Assumes: 13 cents/kWh; Incremental Cost = $800; 13 - year lifespan

Download this fact sheet to find out if an ENERGY STAR certified heat pump water heater is right for you.