Rebates Increase for Heat Pump Water Heaters
Stop Paying More Than You Should Be
Central Electric Cooperative (CEC) is increasing the rebate to $1,000 for heat pump water heaters that replace standard electric water heaters. This could mean the total out of pocket cost for a new water heater could be free prior to any installation costs.
Rheem heat pump water heating pricing starting at $995*
Less CEC Rebate -$1,000
Federal tax credit, max of -$300
Potential price after rebate and tax credit $0
*Pricing is based off current Bend ReStore pricing. For new construction homes or switching heating fuel type, CEC offers a $300 rebate.
What is a heat pump water heater?
A heat pump water heater is an efficient water heater that is twice as efficient as a conventional water heater. That’s important because water heating is typically the second largest energy use in the home. This heat pump water heater uses electricity to move heat from one place to another by absorbing heat from the surrounding air and concentrating it in the water tank – the more expensive electric heating elements only come on as a last resort.
For more information about heat pump water heaters or CEC’s rebate start out by clicking here.
*CEC does not install heat pump water heaters and you do not need a plumber to install your tank in order to qualify for the rebate. The tank must be installed according to manufacturer’s specifications and have earthquake strapping. For more detailed program information please visit our website at www.cec.coop and select Energy Efficiency or to find out if a heat pump water heater is a good fit for your home please give us a call at 541-548-2144.