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. You can receive $900 off instantly at participating retailers to replace yours with a Heat Pump Water Heater.

*Instant savings now available via coupon through the EnergyRight^® Residential Services program brought to you by EPB and TVA. Retailers include Lowe's and Home Depot. Look for the QR code in store or visit TVA's online marketplace to confirm eligibility and request a coupon be mailed to you. Offer limited to two units per address.

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Why a Heat Pump Water Heater?

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

*Energy Star

Available Water Heater Rebate

WATER HEATERS

REBATE AMOUNT

Heat Pump Water Heater ^1,2,3

$900 per unit

WATER HEATERS

Heat Pump Water Heater ^1,2,3

REBATE AMOUNT

$900 per unit

Eligibility Requirements

1 Limit of two Energy Star® Heat Pump Water Heater models per household.

2 Must replace existing unit(s)

3 Must replace existing heat source

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How to claim your $900 rebate

Get your retail coupon – Visit the TVA EnergyRight Marketplace and add the coupon to your cart. Get your retail coupon – Visit the TVA EnergyRight Marketplace and add the coupon to your cart..
Verify your eligibility – Complete the short form with your address, local power company and a few details about your installation. Verify your eligibility – Complete the short form with your address, local power company and a few details about your installation.
Check your email – Your digital coupon will be sent directly to you. Check your email – Your digital coupon will be sent directly to you.
Redeem in-store or online – Present your digital coupon at checkout at a participating retail location. Redeem in-store or online – Present your digital coupon at checkout at a participating retail location.
Get a quality assurance checkup – EPB Energy Pros will check your contractor's work for free 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) 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 Uniform Efficiency Factor (UEF) – 2.75-3.5 for heat pump water heater
Energy Star-certified – means its rated as the most energy efficient Energy Star-certified – means its rated as the most energy efficient
Warranty – make sure it’s protected, including parts & labor Warranty – make sure it’s protected, including parts & labor
Reputable contractor – consult EPB’s Quality Contractor Network Reputable contractor – consult EPB’s Quality Contractor Network

EPB Energy Pros Video Series

Watch to learn more

Looking for more information about water heaters? We've done the work for you! Browse helpful videos below to help you make a more informed decision.

Next to your HVAC system, a Water Heater is your home’s biggest energy user. See why getting the right size (and type) is so important to greater efficiency (and rebates).

Sept. 20, 2023