Water Heater Rebates
Heat Pump Hybrid Water Heater Rebates
Get up to $800 in rebates on a new heat pump water heater. Plus save up to $400 in annual energy costs.
Now Available: Increased Savings Incentives
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Did you know your water heater is likely the second-highest source of energy usage in your home? One way to drive potential savings is to upgrade to a heat pump (hybrid) water heater. They're 70% more efficient than standard electric models and can help save up to $400 in annual energy costs.
What makes heat pump water heaters so efficient?
These innovative systems utilize hybrid technology to absorb heat from the air and transfer it into the water in the storage tank. The result is a water heater that's two to three times more energy efficient than conventional models while also being more environmentally friendly.
How to get your rebate
Program details and rebate amounts
Step 1. Select your own licensed and insured contractor to do the installation.
Step 2. Get your new heat pump water heater installed.
Step 3. Submit application to get your rebate!
Find the right rebate offer for you:
- Duke Energy will pay $500 for a 50-gallon heat pump (hybrid) water heater. To qualify for the rebate, it must be ENERGY STAR® certified and have a uniform energy factor (UEF) of at least 3.3.
- Duke Energy will pay $800 for an 80-gallon heat pump (hybrid) water heater. To qualify for the rebate, it must be ENERGY STAR certified and have a uniform energy factor (UEF) of at least 3.3.
Eligibility and requirements:
- This program is available to Duke Energy residential electric service customers residing in single-family homes.
- Your system must be installed and operable before you submit your rebate application.
- For your heat pump (hybrid) water heater to qualify for the rebate, it must be ENERGY STAR certified and have a UEF of at least 3.3.
- Rebate is NOT available on standard electric, standard natural gas or tankless water heaters. Only heat pump (hybrid) water heaters are eligible.
Additional Resources
Heat Pump Hybrid Water Heater Rebate InformationHome Energy Improvement prerequisites
You are eligible to use a contractor of your choosing to complete the work.
That said, you must have completed a free Home Energy Check and received a qualifying recommendation within the last 24 months to be eligible for the rebate.
Find a qualified installation professional through ENERGY STAR.
Find InstallerSubmit your paperwork and start your rebate!
Get StartedAfter the contractor performs all necessary work, you can track your rebate online in our Rewards Center.
Prerequisite: In the case of an emergency replacement, customers must complete the Home Energy Check within 12 months following the installation of the system to qualify for the incentive. All work must be completed by a licensed, insured contractor to qualify for the rebate.
You may qualify for a tax credit.
Frequently Asked Questions
Savings figures based on U.S. Department of Energy calculator estimates. Actual savings may differ based on individual energy use habits. Learn more at: energystar.gov.
Savings figures based on energystar.gov calculator estimates.