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Water Heater Rebates

Save $800 when you upgrade to a Heat Pump Water Heater

See what qualifies

Invest in your family’s comfort with a high-efficiency water heater replacement

You rely on it every time you take a shower, and it’s one of your home’s biggest energy users. But keeping one that’s 8-12 years old can put your energy costs in hot water. That’s why we’re giving you $800 to replace yours with a Heat Pump Water Heater.

*Rebates are now available through the EnergyRight® Residential Services program brought to you by EPB and TVA. Rebates are available on qualifying measures installed by a member of our Quality Contractor Network (QCN). Beginning October 1, 2023, QCN members must initiate your rebate claim within 30 days of completing your project by submitting qualifying measures on your behalf to TVA.

Why a Heat Pump Water Heater?

  • They use 70% less energy to save big on energy costs*
  • Get a tax incentive of 30% of the purchase price until 2032
  • Incentives + rebates + energy savings = pays for itself in no time
  • Heat Pump Water Heaters last longer than conventional water heaters
  • Environmentally-friendly, producing fewer greenhouse gas emissions

*Energy Star

Available Water Heater Rebate


Heat Pump Water Heater 1,2,3


$800 per unit

Eligibility Requirements

1 Must be installed by an approved Quality Contractor Network member and meet EPB and TVA standards effective on installation date. All measures, except window replacement eligible for TVA program financing.

2 Must replace existing unit(s)

3 Must replace existing heat source

Find a Contractor

How to take advantage of rebates

  • Identify your project – Get free, expert advice from the EPB Energy Pros
  • Choose a contractor – only those listed and approved in the Quality Contractor Network meet requirements for the rebate program
  • Make the improvements – hire a contractor & upgrade your home
  • Claim your rebates! – once work is complete, you'll receive an email from with instructions
  • Get a quality assurance checkup – EPB Energy Pros will check your contractor's work for free

What to look for in a new Heat Pump Water Heater

  • The right size – for your family (most common is 40-50 gallons)
  • Uniform Efficiency Factor (UEF) – 2.75-3.5 for heat pump water heater
  • Energy Star-certified – means its rated as the most energy efficient
  • Warranty – make sure it’s protected, including parts & labor
  • Reputable contractor – consult EPB’s Quality Contractor Network

Ductwork Rebates

Earn $300 for repairing your HVAC ductwork

Insulation Rebates

Receive up to $700 for adding insulation

Schedule your EPB Energy Pros Appointment

Choose the way you'd like to set up your Home Energy Checkup, phone consultation or get started with our Smart Build Program.