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Heat Pump Incentives

Save money, energy, and the environment, while increasing your home’s comfort, when you switch to electric heat pumps. Zero-interest financing may also be available.

Generous rebates lower your upfront costs.

Heat pumps provide both heating and cooling, all in one. Rhode Island Energy rebates will help you save energy and money while gaining year-round comfort. There are a variety of heat pump incentive packages available, depending on your current heating fuel and system configuration.

Regardless of the package that applies to your needs, the total rebate amount is based on the size of the system you install. Your participating contractor will estimate your total rebate amount.

Contractors and customers, please read Heat Pump Best Practices to learn more.

Rhode Island Energy customers with an electric account can receive a standard rebate of up to $350 per ton for air source heat pump equipment as a cooling incentive.  

Rhode Island Energy customers with electric resistance heating can qualify for an enhanced incentive of $1,250 per ton for air-source heat pump equipment. 

Rhode Island Energy electric heating customers installing high-efficiency heat pumps may qualify for an enhanced rebate. To qualify for enhanced rebates, a no-cost EnergyWise home energy assessment must be completed to determine if any weatherization improvements are required to ensure the maximum efficiency of your new heat pump system. Call 888-633-7947 to get started.


Rhode Island Energy offers financing options for customers who qualify for enhanced rebates when upgrading from electric resistance to heat pumps, making this efficiency improvement even more affordable.

In addition to equipment rebates, Rhode Island Energy offers zero-interest loans of up to $25,000 for approved high-efficiency heat pump systems that are displacing electric heating systems. This means you can have your heat pump system installed now and use the savings to help pay off the loan over seven years. Call EnergyWise to schedule your no-cost home energy assessment and reference the heat pump program for expedited scheduling at 888-633-7947.

Beginning on September 1, 2023, Clean Heat RI offers additional heat pump rebates for qualifying customers. For more information, go to CleanHeatRI.com. Customers can apply for both rebates (Rhode Island Energy Standard Rebates and Clean Heat RI Rebates) and must apply separately. Rebate requirements may differ.

Questions? If you have questions, please call us at 844-615-8315.