Peabody – Heating & Cooling

Heat Pump Rebates

Peabody Municipal Light Plant (PMLP) offers rebates on heat pump systems. Refer to the table 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.


Heat Pump	SEER	EER	HSPF	COP	Rebate
Central Ducted Air Source Heat Pump	≥18	N/A	≥9.6	N/A	$1,750
*Ductless Mini-Split Heat Pump (Single Zone)	≥16	N/A	≥9.0	N/A	$625
*Ductless Mini-Split Heat Pump (Multi Zone)	≥16	N/A	≥9.0	N/A	$1,250
Ground Source Heat Pump	N/A	≥20	N/A	≥3.5	$1,750


Heat Pump	SEER2	EER2	HSPF2	COP	Rebate
Central Ducted Air Source Heat Pump	≥17.2	N/A	≥8.15	N/A	$1,750
*Ductless Mini-Split Heat Pump (Single Zone)	≥15.3	N/A	≥7.65	N/A	$625
*Ductless Mini-Split Heat Pump (Multi Zone)	≥15.3	N/A	≥7.65	N/A	$1,250
Ground Source Heat Pump	N/A	≥19.2	N/A	≥3.5	$1,750

*Maximum of two ductless mini-split heat pumps are allowed. 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.