Heating & Cooling

NextZero 2024 Rebate Submission Deadline

The deadline to submit NextZero rebate applications for appliances and devices purchased and efficiency measures completed in 2024 is January 31, 2025.

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.

Heat PumpSEEREERHSPFCOPRebate
Air Source Heat Pump≥16N/A≥9N/A$400/ton
Ground Source Heat PumpN/A≥20N/A≥3.5$600/ton

OR

Heat PumpSEER2EER2HSPF2COPRebate
Air Source Heat Pump≥15.3N/A≥7.65N/A$400/ton
Ground Source Heat PumpN/A≥19.2N/A≥3.5$600/ton

*Limit of three tons of heat pumps per year. SEER=Seasonal Energy Efficiency Ratio, EER= Energy Efficiency Ratio (measures instantaneous cooling efficiency), HSPF= Heating Seasonal Performance Factor, COP= Coefficient of Performance

Massachusetts provides a sales tax exemption on the purchase of heat pump systems. For more information, consult your local tax expert.