I bought 2 already so I know it works.
NYC's utility is incentivizing switching from gas to electric heat pump water heaters by giving a $1000 instant rebate when purchasing IN-STORE as a special order for the coupon to be applied.
Performance Platinum 65 Gal. 10-Year $1639.99 (It went as low as $1539.99).
https://www.homedepot.com/p/Rheem.../312741511
ProTerra 65 Gal. 10-Year Hybrid High Efficiency Smart Tank Electric Water Heater with Leak Detection & Auto Shutoff
https://www.homedepot.com/p/Rheem.../312741454
Also works on the Proterra (leak detection & auto shutoff version) and the other sizes but best when these are having a sale.
Shipped to store is free, delivery to your house is $79 extra + tax.
Program and participating stores:
https://www.coned.com/en/save-mon...r-and-save
$1000 instant rebate (must be a ConEd customers):
https://coned.instant-rebates.com/
Performance platinum 65 gallons
$1639.99 - $1000 = $639.99 + ny tax = $696.79 Shipped to store
Proterra 65 gallons
$1899.99 - $1000 = 899.99 + NY tax = $979.86 shipped to store
You also get 30% from the federal tax credit
It also should work on the AO smith version for Lowe's but I didn't try that.
*Buy on or Before December 31, 2024*
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NYC's utility is incentivizing switching from gas to electric heat pump water heaters by giving a $1000 instant rebate when purchasing IN-STORE as a special order for the coupon to be applied.
Performance Platinum 65 Gal. 10-Year $1639.99 (It went as low as $1539.99).
https://www.homedepot.c
Also works on the other sizes and the (leak detection & auto shutoff version) but best when these are having a sale.
Shipped to store is free, delivery to your house is $79 extra + tax.
Program and participating stores:
https://www.coned.com/en/save-mon...r-and-save
$1000 instant rebate (must be a ConEd customer):
https://coned.instant-rebates.com/
$1639.99 - $1000 = $639.99 + ny tax = $696.79 Shipped to store
You also get 30% from the federal tax credit
It also should work on the AO smith version for Lowe's but I didn't try that.
*Buy on or Before December 31, 2024*
In addition to the efficiency of a heat pump, you can use the WiFi to further savings by adjusting or turning off the water heater when you don't need hot water (vacation, work, etc.).
Regarding federal taxes, the 30% credit applies to both the water heater as well as the installation cost.
Our community has rated this post as helpful. If you agree, why not thank frunobulax
Air Source Heat Pumps Tax Credit
This tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.
How to Claim the Federal Tax Credits
Strategies to Maximize Your Federal Tax Savings
Claim the credits using the IRS Form 5695.
Instructions for Form 5695
Instructions for Form 5695 (Print Version - PDF)
YOU CAN CLAIM:
30%
of project cost
$2,000
maximum amount
credited
https://www.energystar.
Air Source Heat Pumps Tax Credit
This tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.
How to Claim the Federal Tax Credits
Strategies to Maximize Your Federal Tax Savings
Claim the credits using the IRS Form 5695.
Instructions for Form 5695
Instructions for Form 5695 (Print Version - PDF)
YOU CAN CLAIM:
30%
of project cost
$2,000
maximum amount
credited
https://www.energystar.
Sign up for a Slickdeals account to remove this ad.
Our community has rated this post as helpful. If you agree, why not thank JesseE9088
Also, the outlet and inlet of these is located in a different area than most conventional hot water heaters which can lead to quite a bit of extra plumbing. This may be especially important to consider if you are installing it in a tight spot.
Also, you need to make sure you have somewhere to drain the condensate.