Rebates & Federal Incentives for Heat Pumps in Maine

A tax credit of up to $2,600 is available for qualifying heat pump installations and electric panel upgrades annually.

• Heat pumps up to $2,000

• 200+ amp circuit panels up to $600

Qualifying Criteria

The qualifying criteria require customers to have a tax liability of $2,000 or more on qualifying equipment.

Take Advantage Annually

This credit resets each tax year, effectively becoming available again for additional projects.

Get All The Details

Please consult your tax advisor for specific information regarding eligibility and the application of tax incentives.

Qualification for Low Income Rebates

Homeowner or homeowner’s household member participates in MaineCare, HEAP, SNAP, or TANF.

Verify eligibility here.

Qualification for Moderate Income Rebates

Homeowner’s Adjusted Gross Income is up to $70,000 for individual tax filers, or $100,000 for joint filers.

Verify eligibility here.

Homeowner of any income, no verification required.

Item description

• The cost of all eligible single-zone heat pumps is rebatable. Multi-zone heat pump costs are not rebatable, but their capacity can be counted towards the total heating capacity.

• Heat pump outdoor unit is on this list of rebate-eligible heat pumps

• Heat pump / fossil fuel combination systems (“dual fuel”) are not rebate eligible

• New and previously installed heat pump(s) sized for at least 80% of home’s peak heating load (see Residential Heat Pump Rebate Claim Form, p. 2, Sizing Worksheet)

• Heat pumps, combined with supplemental heat, sized for at least 100% of home’s peak heating load. Primary fossil-fuel heating systems can be used for emergency backup, but their heating capacity cannot be counted towards the 100% requirement.

• Installed according to the Heat Pump Installation Requirements Checklist

Source: Efficiency Maine, https://www.efficiencymaine.com/at-home/residential-heat-pump-incentives/

• Primary, fossil-fuel, space-heating system, if any, reserved for emergency backup by:

  • Turning all thermostats off or all the way down, or

  • Turning off and covering power switch, or

  • Connecting system only to a generator

• Single-family house, two-unit duplex, condominium, or mixed-use building with one or two housing units and no commercial electrical meter(s). Click here for all other building types.

• Existing or new construction

• Heat pump(s) will be used as primary heating system throughout the heating season

• Homeowner’s principal residence (low- and moderate-income customers only.

Source: Efficiency Maine, https://www.efficiencymaine.com/at-home/residential-heat-pump-incentives/