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nomisage 71.8K Views
May 24, 2024 4:43 AM

(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

$640

$1,929

66% off
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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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About the Poster
Deal Details
Community Notes
About the Poster
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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90 Comments

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May 24, 2024 5:08 AM
675 Comments
Joined Jun 2004
maddog55May 24, 2024 5:08 AM
675 Comments

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Quote from nomisage View quoted comment :
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.
1
May 24, 2024 11:27 AM
627 Comments
Joined Aug 2012

This comment has been rated as unhelpful by Slickdeals users.

May 24, 2024 11:39 AM
4.1K Comments
Joined Jun 2009
LeviathanUltimaMay 24, 2024 11:39 AM
4.1K Comments
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
May 24, 2024 11:57 AM
1.1K Comments
Joined May 2020
androidf58May 24, 2024 11:57 AM
1.1K Comments
Ah the rebate is only eligible via power Co, nvm
1
May 24, 2024 12:10 PM
1K Comments
Joined Oct 2012

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May 24, 2024 12:22 PM
140 Comments
Joined Sep 2014
frunobulaxMay 24, 2024 12:22 PM
140 Comments

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

Quote from LeviathanUltima View quoted comment :
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
2
1
May 24, 2024 12:28 PM
4.1K Comments
Joined Jun 2009
LeviathanUltimaMay 24, 2024 12:28 PM
4.1K Comments
Quote from frunobulax View quoted comment :
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.
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May 24, 2024 12:39 PM
157 Comments
Joined Jun 2017
JesseE9088May 24, 2024 12:39 PM
157 Comments

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

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.
Last edited by JesseE9088 May 24, 2024 at 06:51 AM.
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1
May 24, 2024 12:55 PM
8 Comments
Joined Nov 2018
euuser17997010May 24, 2024 12:55 PM
8 Comments
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.
Last edited by SamuelW5103 May 24, 2024 at 05:57 AM.
8
May 24, 2024 1:04 PM
1.5K Comments
Joined Feb 2007
eheroMay 24, 2024 1:04 PM
1.5K Comments
I live in Maryland. Can I buy it online and pick it up at a NY store to get this deal?
2
May 24, 2024 2:00 PM
11 Comments
Joined May 2018
hungdzaiMay 24, 2024 2:00 PM
11 Comments
This is not ProTerra line, just Performance Platinum.
May 24, 2024 2:17 PM
215 Comments
Joined May 2017
FrancoisP59May 24, 2024 2:17 PM
215 Comments
Quote from ehero View quoted comment :
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
May 24, 2024 2:18 PM
215 Comments
Joined May 2017
FrancoisP59May 24, 2024 2:18 PM
215 Comments
Quote from gusthegreek View quoted comment :
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.
10
May 24, 2024 2:34 PM
875 Comments
Joined Feb 2013
pankaj8096May 24, 2024 2:34 PM
875 Comments
I have a 50 gallon gas one, will it fit there nicely or it will be bigger

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May 24, 2024 2:48 PM
297 Comments
Joined Jul 2004
JubeiMay 24, 2024 2:48 PM
297 Comments
Insane deal
1

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