Slickdeals is community-supported.  We may get paid by brands or deals, including promoted items.
Popular

(NYC ONLY) Rheem ProTerra 65 Gal. 10-Year Hybrid High Efficiency Smart Tank Electric Heat Pump Water Heater $639.99 + tax, F/S to Store @ Home Depot - ConEd customers

$639.99
$1,929.00
+23 Deal Score
57,842 Views
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*
Add Comment
Created 05-23-2024 at 09:43 PM by nomisage
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+23
57,842 Views
$639.99
$1,929.00

Your comment cannot be blank.

Sign up for a Slickdeals account to remove this ad.

Joined Jun 2004
L5: Journeyman
> bubble2 583 Posts
149 Reputation
maddog55
05-23-2024 at 10:08 PM.

Our community has rated this post as helpful. If you agree, why not thank maddog55

05-23-2024 at 10:08 PM.
Quote from nomisage :
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

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*
This is a phenomenal deal for those who can get it. I have the 65 gallon model and it works great. Sure wish I had gotten this kind of incentive.

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.
15
>
1
Like
Funny
>
Helpful
Not helpful
Reply

This comment has been rated as unhelpful by Slickdeals users

Show Comment
Joined Jun 2009
L8: Grand Teacher
> bubble2 3,886 Posts
579 Reputation
LeviathanUltima
05-24-2024 at 04:39 AM.
05-24-2024 at 04:39 AM.
Anyone have info on the federal tax credit? I thought it was being worked out at the state level at point of sale? And the DOE was working on finalizing the credit at the federal level?
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2020
L5: Journeyman
> bubble2 524 Posts
67 Reputation
androidf58
05-24-2024 at 04:57 AM.
05-24-2024 at 04:57 AM.
Ah the rebate is only eligible via power Co, nvm
1
>
1
Like
Funny
>
Helpful
Not helpful
Reply

This comment has been rated as unhelpful by Slickdeals users

Show Comment
Joined Sep 2014
L3: Novice
> bubble2 110 Posts
58 Reputation
frunobulax
05-24-2024 at 05:22 AM.

Our community has rated this post as helpful. If you agree, why not thank frunobulax

05-24-2024 at 05:22 AM.
Quote from LeviathanUltima :
Anyone have info on the federal tax credit? I thought it was being worked out at the state level at point of sale? And the DOE was working on finalizing the credit at the federal level?
let me google it for you:
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.gov/about/...heat-pumps
7
1
>
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined Jun 2009
L8: Grand Teacher
> bubble2 3,886 Posts
579 Reputation
LeviathanUltima
05-24-2024 at 05:28 AM.
05-24-2024 at 05:28 AM.
Quote from frunobulax :
let me google it for you:
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.gov/about/...heat-pumps
Thanks! I was wondering if the state credit negated the federal or if there was an income limit or something like that.
1
2
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jun 2017
L2: Beginner
> bubble2 97 Posts
92 Reputation
JesseE9088
05-24-2024 at 05:39 AM.

Our community has rated this post as helpful. If you agree, why not thank JesseE9088

05-24-2024 at 05:39 AM.
I got one of these last year and it works fine, but be cautious the thing is loud. If you have it near a bedroom or living room you may not be too happy. You also need to make sure you have a large enough area to draw heat from...a small closet is not sufficient, and wherever you put it will become cold year round for better or worse. Also rheem customer support is useless and does not respond to emails or support tickets. Overall I'm happy with it for the price (after rebates was about $600 for me) and cost savings...but there are some drawbacks.

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.
23
>
3
1
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by JesseE9088 May 24, 2024 at 06:51 AM.
Joined Nov 2018
New User
> bubble2 7 Posts
10 Reputation
SamuelW5103
05-24-2024 at 05:55 AM.
05-24-2024 at 05:55 AM.
Just an FYI. Bought one last September when rebate first came out. Paid 79 dollar to ship to house, but hd would only drop off to the driveway. Would not bring it down to basement or bring into the house.
6
7
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by SamuelW5103 May 24, 2024 at 05:57 AM.
Joined Feb 2007
L6: Expert
> bubble2 1,404 Posts
149 Reputation
ehero
05-24-2024 at 06:04 AM.
05-24-2024 at 06:04 AM.
I live in Maryland. Can I buy it online and pick it up at a NY store to get this deal?
2
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2018
New User
> bubble2 11 Posts
10 Reputation
hungdzai
05-24-2024 at 07:00 AM.
05-24-2024 at 07:00 AM.
This is not ProTerra line, just Performance Platinum.
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2017
L3: Novice
> bubble2 153 Posts
78 Reputation
FrancoisP59
05-24-2024 at 07:17 AM.
05-24-2024 at 07:17 AM.
Quote from ehero :
I live in Maryland. Can I buy it online and pick it up at a NY store to get this deal?

Lol, I'm sure they have rules to prevent people like you taking advantage
4
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2017
L3: Novice
> bubble2 153 Posts
78 Reputation
FrancoisP59
05-24-2024 at 07:18 AM.
05-24-2024 at 07:18 AM.
Quote from gusthegreek :
No hot water if electric power is out no thanks I like my hot freedom showers 🇺🇸.

Your gas water heater doesn't need electricity? Mine does.
16
9
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2013
L5: Journeyman
> bubble2 821 Posts
245 Reputation
pankaj8096
05-24-2024 at 07:34 AM.
05-24-2024 at 07:34 AM.
I have a 50 gallon gas one, will it fit there nicely or it will be bigger
Like
Funny
>
Helpful
Not helpful
Reply
Page 1 of 6
Start the Conversation
 

More Large Appliances Deals & Discounts

Link Copied

The link has been copied to the clipboard.