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Tankless Gas Water Heater Incentive Details
Energize CT Tankless Gas Water Heater Rebate
The Energize CT Tankless Gas Water Heater rebate offers a $300 instant discount on the purchase and installation of eligible tankless gas water heaters.
To be eligible for the Tankless Gas Water Heater Rebates rebate, you must be a residential natural gas customer and reside in the service territory of the participating utility, which includes Eversource and CNG.
The incentive is specifically for ENERGY STAR-certified Natural Gas Tankless Water Heaters with Electric Ignition. These units must have a Uniform Energy Factor (UEF) rating of 0.92 or greater.
Tankless gas water heaters are a popular option for homeowners in Connecticut looking to upgrade their water heating systems. These water heaters offer several benefits over traditional tank water heaters, especially when paired with Energize CT’s incentives and rebates. Here are some of the benefits of acquiring tankless gas water heaters for Connecticut homeowners:
- Energy Efficiency: Tankless gas water heaters are much more energy-efficient than traditional tank water heaters. They only heat water when it is needed, eliminating standby heat loss that occurs with tank water heaters. This can result in significant energy savings over time and can help homeowners reduce their energy bills.
- Space-Saving: Tankless gas water heaters are much smaller than traditional tank water heaters, allowing homeowners to save valuable space in their homes. This can be especially beneficial for homeowners with smaller homes or limited space for water heaters.
- Longevity: Tankless gas water heaters have a longer lifespan than traditional tank water heaters, lasting up to 20 years or more with proper maintenance. This means that homeowners won’t have to replace their water heater as frequently, saving them money in the long run.
- Hot Water On-Demand: Tankless gas water heaters provide hot water on-demand, meaning homeowners won’t run out of hot water in the middle of a shower or when running multiple appliances simultaneously. This can be especially beneficial for larger families or homes with high hot water usage.
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Costs & Savings
$1200 - $0
$1800 - $0
18 - 0
The average cost of a tankless water heater can vary depending on various factors such as the brand, model, capacity, features, and installation requirements. On average, tankless water heaters typically range in price from $1200 to $2,500 or more. Smaller capacity units with fewer features tend to be on the lower end of the price range, while larger capacity units with advanced features can be more expensive. Additionally, the cost of installation, including any necessary modifications to accommodate the tankless water heater, can also contribute to the overall expense.
According to the US Department of Energy, tankless gas water heaters can be up to 34% more energy-efficient than traditional tank water heaters. This can result in significant savings on energy bills over time. For example, a homeowner who replaces a traditional tank water heater with a tankless gas water heater can save around $100 annually on their energy bills. Assuming a 20-year lifespan for the tankless gas water heater, the total savings would be around $2,000 (based on an average annual savings of $100). However, it is important to note that these savings can vary based on individual circumstances and usage patterns. Additionally, the cost of the tankless gas water heater itself and any installation costs should be factored into the overall cost-benefit analysis.
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A "Home Energy Solutions" Energy Audit is Your Best First Step.
Looking to maximize your Tankless Gas Water Heater incentive/rebate and achieve optimal energy savings for your home? Look no further than a comprehensive Home Energy Solutions (H.E.S.) audit. By identifying areas of energy waste and recommending upgrades to enhance efficiency, a HES assessment is the logical first step in your energy savings journey. Plus, with the HES Score you receive, you'll be able to qualify for the best incentives available. Don't miss out on the opportunity to save energy and money - schedule your HES audit today and start your journey towards a more efficient home.
H.E.S. only costs you $50 out-of-pocket. It could be free-of charge if you qualify for Home Energy Solutions Income-Eligible (H.E.S.-IE).