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Upgrade Your Water Heater & Save: Up to $1,200 Back from PSEG Long Island


May 28, 2025


Upgrading your home’s water heater isn’t just about having hot water—it’s about improving your comfort, lowering your energy bills, and making an investment that pays off year after year. For Long Island homeowners, PSEG Long Island is offering a rebate of up to $1,200 for switching to an ENERGY STAR® certified electric heat pump (hybrid) water heater. This makes it easier than ever to improve your home’s efficiency without breaking the bank.

What Is a Heat Pump (Hybrid) Water Heater?

Unlike traditional electric water heaters that generate heat, hybrid heat pump water heaters move heat from the air into the tank, requiring far less electricity. This smart technology can help the average family save up to $550 per year on energy bills, according to ENERGY STAR.

Benefits of a Hybrid Water Heater for You and Your Home

Why should you upgrade? Here’s what you’ll notice:

  • Lower Utility Bills: Hybrid systems use up to 70% less energy, which means more money stays in your pocket.
  • Quieter, Consistent Comfort: Advanced technology provides hot water more reliably and with quieter operation.
  • Eco-Friendly Efficiency: Less energy used = lower carbon emissions.
  • Smarter Investment: Most systems pay for themselves in just a few years thanks to energy savings and rebates.
  • Increased Home Value: Energy-efficient upgrades are attractive to future buyers.

PSEG Long Island’s $1,200 Rebate Details

Here’s how to take advantage of this incentive:

  • Eligibility: You must be a PSEG Long Island residential customer.
  • Timeframe: The unit must be purchased and installed between January 1 and December 31, 2025.
  • Product Type: Only ENERGY STAR certified electric heat pump water heaters qualify.
  • Limit: One rebate per residential account every five years.
  • Application Deadline: Must be submitted within 45 days of purchase and postmarked by December 31, 2025.
  • Documentation Required: Include receipt, installation info, and proof of delivery.

For full details and to apply, visit psegliny.com 

Additional Savings: Federal Tax Credit

Homeowners may also qualify for a 30% federal tax credit (up to $2,000) for ENERGY STAR certified heat pump water heaters. Combined with PSEG’s rebate, this can significantly reduce your upgrade cost.

Is a Hybrid Water Heater Better Than a Standard Tank?

Absolutely. Standard electric water heaters constantly consume energy to maintain hot water. Hybrid models adapt to your usage and only run when needed, making them dramatically more efficient.

Plus, if you’re currently using propane or natural gas, there may be another great alternative—a tankless water heater, which offers endless hot water on demand and even greater energy efficiency in the right homes.

 Learn more about our tankless water heater services.

NH Ross Is Here to Help

Our certified experts at NH Ross are ready to guide you every step of the way—from helping you choose the best water heater for your home to ensuring professional installation. We’ll even walk you through rebate applications and available tax credits so you get every dollar you deserve.

Ready to Save?

Don’t miss this limited-time opportunity. Contact NH Ross today to schedule your hybrid or tankless water heater consultation.