Mass Save Financial Incentives for Heat Pumps Likely to Increase in 2022

Posted on November 18, 2021 by Green Newton

https://www.ktravula.com/2023/02/adzci8w

There may be better financial incentives ahead in 2022 for those who install heat pumps!  As part of a plan to help achieve mandated 2030 and 2050 emission reduction targets, Mass Save has submitted a three-year plan to the Massachusetts Department of Public Utilities that includes increased incentives for weatherization and heating system upgrades, and better incentives for income eligible customers. 

https://campuscyclery.com/2023/02/lqrilnxu For those planning to upgrade heating and cooling systems in the next year, waiting until the 2022 incentives are approved may be a good option. The plan proposes a new incentive for whole-house retrofits with heat pumps, better incentives for conversions from natural gas, and elimination of central AC-only rebates.  Finally, the maximum amount for MassSave HEAT Loans may increase substantially.  For more information on heat pumps for heating, cooling, and hot water, contact HeatSmart Newton at [email protected].