New Hampshire Heat Pump Rebates
Stackable incentives available to New Hampshire homeowners installing a qualifying heat pump in 2026.
What's available in New Hampshire
New Hampshire's heat pump incentive landscape is anchored by NHSaves, the statewide ratepayer-funded efficiency program jointly administered by Eversource, Liberty Utilities, Unitil, and the New Hampshire Electric Cooperative. The 2026 NHSaves rebate moved to a per-ton structure — $250/ton (max $1,250) for fossil-fuel-to-heat-pump conversions and $2,000/ton (max $10,000, with required pre-verification via NHSaves.com/GetVerified) for electric resistance replacements — raised from $1,250/ton for installs on or after March 23, 2026 — and heat pump water heaters earn a flat $900. Layered on top is the New England Heat Pump Accelerator, a $450M five-state regional program that launched in February 2026 and adds $650 per heat pump and $300 per HPWH as instant midstream discounts through participating distributors. The federally funded HEAR program administered by the NH Department of Energy was approved with up to $8,000 for income-qualified households at or below 150% AMI but had not broadly launched as of April 2026 (expected mid-summer 2026). Note that the federal §25C tax credit expired December 31, 2025; the §25D Residential Clean Energy Credit for geothermal heat pumps was not repealed and remains at 30% through 2032. For air-source heat pumps, 2026 stacks now rely on state and regional programs only.
HEEHRA in New Hampshire
HEEHRA rebate: Point-of-sale rebate up to $8,000 for households at or below 80% of area median income. Funded by the IRA, administered by each state. New Hampshire is finalizing program rules.
How heat pump rebates work in New Hampshire
New Hampshire's heat pump incentive landscape is anchored by NHSaves, the statewide ratepayer-funded efficiency program jointly administered by Eversource, Liberty Utilities, Unitil, and the New Hampshire Electric Cooperative. The 2026 NHSaves rebate moved to a per-ton structure — $250/ton (max $1,250) for fossil-fuel-to-heat-pump conversions and $2,000/ton (max $10,000, with required pre-verification via NHSaves.com/GetVerified) for electric resistance replacements after a March 23, 2026 upgrade (installs 1/1/2026-3/22/2026 received the older $1,250/ton tier). Heat pump water heaters earn a flat $900. Layered on top is the New England Heat Pump Accelerator, a $450M five-state regional program that launched in February 2026 and adds $650 per heat pump and $300 per HPWH as instant midstream discounts through participating distributors. The federally funded HEAR program administered by the NH Department of Energy was approved with up to $8,000 for income-qualified households at or below 150% AMI but had not broadly launched as of April 2026 (expected mid-summer 2026). Federal §25C expired December 31, 2025; the §25D geothermal credit was not repealed and remains at 30% through 2032, so for air-source heat pumps 2026 stacks rely on state and regional programs only.
New Hampshire rebate programs
NHSaves Cold-Climate Heat Pump Rebate (Enhanced Tier)
$10,000Tiered per-ton rebate offered jointly by Eversource, Liberty, Unitil, and NH Electric Cooperative. Enhanced tier pays $2,000/ton (max $10,000 at the 5-ton/account cap) when replacing electric resistance heat with a qualifying ENERGY STAR cold-climate heat pump (raised from $1,250/ton effective installs on or after 3/23/2026; installs 1/1/2026–3/22/2026 received $1,250/ton). Standard tier pays $250/ton (max $1,250) when switching from oil, gas, or propane. Pre-verification required for the enhanced tier via NHSaves.com/GetVerified.
NHSaves Heat Pump Water Heater Rebate
$900Flat $900 rebate from NHSaves utilities for qualifying ENERGY STAR heat pump water heaters up to 85 gallons. Integrated HPWHs must meet ≥3.30 UEF (≥2.80 UEF for 120V/15A units); split-system models ≥2.80 UEF. Available to residential electric customers of Eversource, Liberty, Unitil, and NH Electric Cooperative; instant point-of-sale discount through participating distributors for tanks ≤55 gallons, mail-in/online for 56–85 gallon tanks. Eversource customers can also redeem an instant $900 barcode at Home Depot or Lowe's.
New England Heat Pump Accelerator — Air-Source Heat Pump
$650Regional midstream incentive launched February 2026 by the five-state New England Heat Pump Accelerator (CT, ME, MA, NH, RI). Pays $650 per outdoor unit for qualifying cold-climate air-source heat pumps under 5.4 tons; delivered as an instant point-of-sale discount through participating distributors and stackable on top of NHSaves rebates.
New England Heat Pump Accelerator — Heat Pump Water Heater
$300Companion midstream incentive from the New England Heat Pump Accelerator paying $300 per qualifying ENERGY STAR heat pump water heater; stacks with the NHSaves $750 HPWH rebate for combined savings of about $1,050.
4 utility-specific programs not shown here. Enter your ZIP in the calculator to filter to just your utility.
A worked example: electric-resistance retrofit in Concord
Patrick owns a 1,800 sq ft single-family home in Concord served by Eversource New Hampshire. He currently heats with electric baseboards (he has central AC but no central heat). He gets quotes for a 3-ton ducted cold-climate air-source heat pump (Mitsubishi Hyper Heat, NEEP cold-climate certified) installed at $19,800 including new ductwork. Because the install replaces electric resistance heat (the higher NHSaves tier), and he completes the NHSaves.com/GetVerified pre-verification before install, he qualifies for the enhanced $2,000/ton tier × 3 tons = $6,000 rebate (well under the $10,000 cap). He also installs a new ENERGY STAR HPWH replacing an electric tank water heater, qualifying for the flat $900 NHSaves HPWH rebate. The New England Heat Pump Accelerator adds $650 for the heat pump (instant midstream discount at his distributor) and $300 for the HPWH. His household income is approximately 145% of Merrimack County AMI — NH HEAR hasn't launched yet. Combined stack: $6,000 + $900 + $650 + $300 = $7,850 against $19,800 + $2,400 HPWH = $22,200 total. Net out-of-pocket: $14,350.
Choosing a contractor in New Hampshire
New Hampshire licenses HVAC technicians through the New Hampshire Mechanical Licensing Board (Mechanical Trades License — Heating/Cooling). Verify at oplc.nh.gov before signing. NHSaves rebates require an enrolled NHSaves heat pump contractor; the enrolled-contractor lookup is at nhsaves.com. For the enhanced $2,000/ton tier specifically, pre-verification via NHSaves.com/GetVerified is required BEFORE install — confirm with the contractor that this is scheduled, not deferred. The New England Heat Pump Accelerator's midstream discount is processed at the participating distributor; the contractor procures equipment through an Accelerator-participating distributor, and the discount appears in the equipment-procurement cost (not the labor cost).
Common pitfalls for New Hampshire homeowners
- Missing the NHSaves pre-verification for the enhanced tier. The $2,000/ton enhanced NHSaves rebate (max $10,000) requires pre-verification via NHSaves.com/GetVerified BEFORE install. Without pre-verification, the install defaults to the $250/ton standard tier (max $1,250) — a $5,000+ rebate difference on a typical 3-ton install. Schedule pre-verification early in the project timeline, not at install date.
- Confusing the standard and enhanced NHSaves tiers. The two NHSaves tiers are determined by what you're replacing: $250/ton (standard) for switching from oil, gas, or propane; $2,000/ton (enhanced, pre-verified) for switching from electric resistance heat. Confirm which tier applies based on the existing heating system before signing.
Estimate your net cost
Used to determine HEEHRA eligibility (under 80% area median income).
- NHSaves Cold-Climate Heat Pump Rebate (Enhanced Tier)−$10,000
- NHSaves Heat Pump Water Heater Rebate−$900
- New England Heat Pump Accelerator — Air-Source Heat Pump−$650
- New England Heat Pump Accelerator — Heat Pump Water Heater−$300
Estimate only. Includes only programs accepting applications today — waitlisted or closed programs are excluded. Mutually exclusive programs (e.g. HEEHRA vs HOMES) and project-cost caps are applied per current program rules; confirm with your installer and utility before signing.
How to claim each rebate
- Get pre-approved (where required). Some utility programs require approval before install. Check program details before signing a contract.
- Use a participating contractor. Many programs require a licensed installer from an approved contractor list — especially HEEHRA, which routes through CEC-approved contractors who process the rebate at point of sale.
- Save documentation. AHRI certificate, model numbers, and itemized invoice are required for most utility rebates.
- Submit utility rebate within 60–90 days of install. Some programs are first-come first-served and close mid-year — funding can run out before the calendar year does.