SRP Mobile Logo
Heat pump water heater rebate
Back to all rebates

Heat pump water heater rebate

See how to save $500 when you install an ENERGY STAR® certified heat pump water heater.

STEP 1

Discover the benefits

A new ENERGY STAR® certified heat pump water heater (HPWH) uses about one-quarter of the electricity (Opens in a new tab) of normal electric resistance water heaters, which helps you save both energy and money.

Icon

A new HPWH can help save a household of 4 approximately $600 per year on energy costs, compared to a standard electric water heater, according to energystar.gov (Opens in a new tab)

Estimated savings*

Household sizeAnnual Energy SavingsAnnual $ SavingsPayback (years)
21,880 kWh$2705.5
32,820 kWh$4103.7
42,760 kWh$5502.7

STEP 2

See rebate details

Receive a rebate of $500 when you install an ENERGY STAR HPWH.

Explore rebate requirements to find out if you’re eligible and take the steps to apply.

STEP 3

Explore requirements

STEP 4

Apply for the rebate

Take these steps to apply for the SRP HPWH rebate.
  1. Download the rebate checklist.
  2. Download the Contractor Terms and Conditions agreement and have your qualified contractor sign the form.
  3. Complete the online application via SRP’s Rebate Center (Opens in a new tab). By creating an account, you can manage all SRP rebates in one place. You’ll upload the Contractor Terms and Conditions agreement as part of this process.

If you don't want to create an account, email your signed contractor agreement, a dated copy of the paid invoice, and a completed hard copy of the application to [email protected]. If you are applying for more than one rebate, a separate rebate application must be completed and submitted for each unit that you purchased and installed.