Heat Pumps

Federal | Massachusetts | Rhode Island

Federal Tax Credit

30% up to $2,000/year for heat pumps & heat pump water heaters
May be received every year for qualifying measures
For more details, see https://www.masssave.com/-/media/Files/PDFs/THE-INFLATION-REDUCTION-ACT-FAQ.pdf

Federal Energy Efficiency Rebates

Two types of energy efficiency rebates:
- For projects saving > 15% energy, up to $8,000
- For low- and moderate-income households (up to 150% of area median income) up to $14,000 for various home electrification measures
Tax credits and rebates may be stacked together
For more information, see the Rewiring America calculator

Federal Income-Qualified Rebates

Cannot be combined with other federal rebates
Less than 80% AMI - up to 100% of cost
Less than 150% AMI - up to 50% of cost
Waiting on more details from federal and state governments
You can sign up to receive updates about Massachusetts roll-out of the IRA rebate program at : Sign up (e2ma.net).

MassSave Rebates

Whole Home:

$10,000
Must be sized properly for 100% of home’s need
Legacy system can stay as backup

Partial Home:

$1,250 per ton (12,000 BTu) for about 500 sf
Integrated controls may be required
75-100% for insulation

MassSave HEAT Loan Program

$25,000 (up to $50,000 for projects that include heat pumps) zero-interest rate loan
Batteries may earn money from Connected Solutions program

Rhode Island Rebates

Rhode Island has two rebate programs that may be combined.

Clean Heat RI (a program of the RI Office of Energy Resources):

$1,000/ton for homes heating with gas, oil, or propane
Low-income households that heat with oil or propane may qualify for 100% subsidy of heat pump conversion, including up to $3,000 for electrical wiring upgrades

For more details, see https://cleanheatri.com/resources/incentives/

Rhode Island Energy

$350/ton for homes heating with gas, oil, or propane
$1,250/ton for homes with electric resistance baseboard
Must fully insulate and use approved contractor
Integrated controls may be required
For more details, see https://www.rienergy.com/RI-Home/Energy-Saving-Programs/Heat-Pump-Incentives

Electric Vehicles

Federal | Massachusetts | Rhode Island

Federal Clean Vehicle Credit

Valid through 2032. Starting in 2024, consumers can take tax credit at point of sale.

For new electric cars:

Up to $7,500 for qualifying vehicles
Household income must be less than $300,000 for joint filers and less than $150,000 for individual filers
MSRP must be under a certain limit: $55,000 for sedans and hatchbacks, $80,000 for SUVs, pickup trucks, and vans
Vehicle must meet complicated battery component and mineral requirements
The final assembly location of the vehicle must be in North America
If you lease, clean vehicle credit goes to the dealership

For used electric cars:

Up to $4,000 or 30% of sales price, whichever is lower
Household income must be less than $150,000 for joint filers and less than $75,000 for individual filers
Vehicle price must be under $25,000 and at least two model years old
No battery, mineral, or assembly location requirements for used cars
Must buy from a dealership
Clean vehicle credit only applies at first resale

Federal Tax Credit for Charging Installation

Federal tax credit of 30% up to $1,000 for charging infrastructure installation
Only available in census tracts that meet certain requirements

Massachusetts MOR-EV Rebate

Current MOR-EV rebate and requirements:

No income requirements
Final sales price limit: Must be under $55,000 for battery-electric vehicles and under $50,000 for plug-in hybrids with at least 25 miles of electric range
Apply online at www.mor-ev.org within three months of purchase or lease

Upcoming changes:

Rebates for plug-in hybrids will phase out in spring 2023
Rebates for used electric vehicles should become available soon
Additional rebates will become available for low-income drivers and drivers trading in gasoline-powered cars
The rebate should become available at the point of sale

Massachusetts Charging Installation Incentives

Check with your electric utility for charging incentives
National Grid and Eversource offer infrastructure, hardware, and installation support for residential customers to varying degrees in various segments
If you live in a community with a municipal utility, check if your electric utility has programs to support charging installation

Rhode Island Electric Vehicle Rebate Programs

There are three rebate programs in Rhode Island: DRIVE EV, DRIVE+, and DRIVE EV FLEET. DRIVE EV is for all RI residents and DRIVE+ provides additional incentives of up to $2,000 for Rhode Islanders who meet certain income requirements. DRIVE EV FLEET is for small businesses, non-profits, and public sector entities, so we won't go into details here, but please feel free to check out the website.

Qualified applicants will have 120 days from the date of purchase or lease to apply for the rebate program online. The program is first-come, first-served
Must be purchased at a licensed RI Automobile Dealership and registered in RI
Purchase or lease of a new EV has to have a final sales and purchase price agreement at or below $60,000
Purchase or lease of a used EV must have a final sales and purchase price agreement at or below $40,000

Other Energy Upgrades

Federal | Massachusetts | Rhode Island

Federal Energy Efficiency Tax Credits

30% up to $600/year for windows and panel upgrades (if coupled with heat pumps or heat pump water heaters)
30% up to $1,200 for insulation
May be received every year for qualifying measures

Federal Energy Efficiency Rebates

Two types of energy efficiency rebates:
- For projects saving > 15% energy, up to $8,000
- For low- and moderate-income households (up to 150% of area median income) up to $14,000 for various home electrification measures
Tax credits and rebates may be stacked together
For more information, see the Rewiring America calculator

Federal Income-Qualified Rebates

Can't be combined with other programs
Less than 80% AMI - up to 100% of cost
Less than 150% AMI - up to 50% of cost

Clean Energy Rebates & Incentives

Heat Pumps

Electric Vehicles

Solar

Other Energy Upgrades