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

**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.