Start saving on your heating bill...
You can reduce your winter energy costs by upgrading to high-efficiency heating equipment. In addition to savings on your monthly bill, eligible customers can save on equipment costs with rebates of up to $2,000 for propane and $500 for oil heat.
Customers currently heating with oil or propane can get up to $15,000 to switch to a heat pump system for heating and cooling. Visit our heat pump page to learn more.
Oil and Propane Heating Equipment Rebates
|Heating Equipment||Fuel Type||Minimum AFUE||Standard Rebate||Enhanced Rebate*|
|Furnace with ECM**||Oil||86%||$500|
|Furnace with ECM**||Propane||95%||$200||$500|
|Hot Water Boiler||Propane||95%||$200||$2,000|
|Combined Condensing Boiler with On-Demand Hot Water||Propane||95%||$1,200|
|Combined Condensing Furnace with On-Demand Hot Water||Propane||95%||$700|
*Customers replacing existing Condensing Furnaces or Boilers are not eligible for enhanced rebates. If pursuing enhanced rebates, pre-verification of pre-existing heating system is required prior to installation. Pre-verification is not required for combined condensing furnaces and boilers. For more information, visit MassSave.com/GetVerified
**Electronically Commutated Motor
Interested in Financing Your New Equipment? With our HEAT Loan, you could qualify for a zero-interest loan of up to $50,000 toward qualified energy efficient home improvements with terms up to seven years.To get started, call us at 1-800-797-6699 to schedule a Home Energy Assessment. A representative will review the results of the assessment, let you know which improvements would be eligible for HEAT Loan financing, and give you all the paperwork you need.
Have a chimney? We also have a $35 incentive on chimney balloons, a small inflatable device that can help stop drafts. Download the chimney balloon rebate form here.
Looking for Hot Water Heating Rebates? Click here.
Looking for Natural Gas rebates? Click here.
- Equipment must be purchased and installed between January 1, 2023, and December 31, 2023. Rebate must be postmarked or submitted by Feb. 29, 2024.
- Equipment must be installed in residential homes with an active electric account
- Equipment must be installed by a licensed contractor
- Rebate form must be filled out completely, signed, accompanied by dated invoices, and received by the Mass Save representative within 60 days of installation
Equipment installation may be subject to a verification inspection prior to rebate reimbursement. See Terms and Conditions for full requirements.