High Efficiency Heat Pumps
Will a Heat Pump Save You Money?
While heat pump technology is not new, the equipment and technology are always advancing. That means you can put a heat pump to work for you and save. A heat pump uses technology similar to a refrigerator or freezer to heat or cool your home. Rather than combusting a fuel, heat pumps use electric power to move heat from an outside source to inside your home. Ultimately, what that means is you can heat your home more efficiently and see the results in your energy costs.
Save Money with a Heat Pump Incentive.
If you’re looking to install a heat pump, there could be an incentive that fits your project. NHEC provides heat pump incentives for members installing heat pumps in existing homes or new construction.
Incentives for high efficiency heat pumps are up to $500 per ton.
Financing is an option too!
NHEC works with a number of lending partners to help support members with financing the cost of a heat pump. Through our Third Party financing option, you can apply for a Heat Pump Loan with any participating lending partner.
- Loan approval is based solely on the lending institution’s criteria
- NHEC will buy down the Loan Interest Rate to 2% through a one-time payment to the lender
- Loan amounts up to $15,000 are available
- Minimum Loan amount is $1,000
As a resource, please download this list of heat pump installers, designers, and manufacturers’ reps.