Heat Pumps

Heat Pump Rebates

Peabody Municipal Light Plant (PMLP) offers rebates on heat pump systems. Refer to the tables below to see if your heating or cooling system qualifies. Click the “Submit Online Application” link or download the mail-in application to see the full range of options and get started. PMLP also offers rebates on Wi-Fi thermostats/Smart HVAC Controls through its Appliance Rebate program. Please note that all heat pumps must be installed by a MA licensed contractor in order to be eligible for a rebate.

SEER=Seasonal Energy Efficiency Ratio, EER= Energy Efficiency Ratio (measures instantaneous cooling efficiency), HSPF= Heating Seasonal Performance Factor, COP= Coefficient of Performance

• Limit of 3 tons of heat pumps per year.
• Must be purchased between 1/1/2026 and 12/31/2026.
• Applications must be submitted online or received at program’s address by 1/31/2027.
• Massachusetts provides a sales tax exemption on the purchase of heat pump systems. For more information, consult your local tax expert.