Heat pump rebate · New Jersey

Madison Electric Utility Rebate Incentives - heat pump water heater

Limited funds Borough of Madison Electric Utility

How much you can get

$750 rebate; $2,000 max per customer across all rebates

Up to

$750

The details

Run by: Borough of Madison Electric Utility
For customers of: Madison Borough Electric Utility
Eligibility: Madison electric residential customers replacing a traditional water heater with a heat pump water heater; installations after Sept 1, 2024; no new construction.
Checked: Confirmed on the official page on 2026-10-10: Water Heater Heat Pump Rebate - $750 Rebate Replace your traditional water heater with a heat pump water heater to reduce energy consumption.

We re-check this program every week. See every New Jersey rebate change.