Stylized green electric water heater with a happy face on its digital screen, representing smart, energy-efficient home comfort.

heat pump water heater

Save $900 on a heat pump water heater.

TVA EnergyRight® and your local power company can help you save $900 on a qualifying ENERGY STAR certified heat pump water heater at participating retailers.

Get your retail coupon

Is it time to replace your water heater?

If your water heater is more than 10 years old, it may be time to plan for a replacement. ENERGY STAR certified heat pump water heaters use up to 70% less energy than standard models and can save a typical household about $550 a year. With available rebates and tax credits, the typical payback period is about two to five years.

Source: Energystar.gov

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How to get your rebate.

Getting $900 off a qualifying heat pump water heater is easy.

Get your retail coupon. Visit the 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.
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.

Get your retail coupon

You must be served by a TVA local power company to qualify. Offer limited to two units per address.

Benefits of switching to a heat pump water heater.

Unlike traditional electric water heaters that generate heat, a heat pump water heater pulls heat from the surrounding air to heat your water. This process can deliver hot water up to five times more efficiently than a conventional gas, electric resistance or propane water heater.

Save energy and money.

Heat pump water heaters use less electricity than standard electric water heaters, saving a typical household approximately $550 a year.

Help dehumidify your space.

Heat pump water heaters pull moisture from the surrounding air, which can help keep basements, utility rooms and garages drier.

Get more control.

Many models give you access to temperature settings and operating modes through a digital control panel or mobile app.

Added peace of mind.

Because heat pump water heaters are fully electric, they don’t burn fuel in your home, eliminating carbon monoxide risks associated with gas combustion.

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Get expert guidance.

Contact a TVA-vetted contractor from the Quality Contractor Network to see if a heat pump water heater is right for your home. They can help with selection and installation and identify rebates that may be available through the QCN.

Find a contractor

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Know before you upgrade.

From choosing the right size to finding the best location, a few considerations can help you get the most from your new water heater. Check out our guide for tips on choosing, installing and using a heat pump water heater.

Read the article

Plan your purchase.

Before you shop, explore qualifying heat pump water heaters and find a participating retail location where you can redeem your retail coupon at a participating Lowe’s or Home depot location.

View qualified products

Download participating retail locations