What is the Mass Save program for heating and cooling?
The Mass Save program is a program put together by the utility companies here in Massachusetts, namely Eversource and National Grid, to offer incentives for homeowners to make their homes more energy efficient.
If you ever look at your electric or gas bill from Eversource or National Grid, you’ll see that there’s a line item–it’s an energy efficiency charge. You’re paying into Mass Save every month on your gas or electric bill, so there’s a lot of funds available for Massachusetts homeowners that qualify to make some great improvements to their home heating systems!
What are you seeing customers get for Mass Save rebates in 2025?
Most customers are still qualifying for the $10,000 whole home heat pump rebate. It’s been our most popular rebate for heat pump installations. Some customers also opt for the Mass Save partial home heat pump rebate, which is great for people looking to either replace an A/C unit and upgrade to a heat pump without doing a full heating system replacement.
What are Mass Save’s financing options in 2025?
The Mass Save financing program is called the heat loan program. Through this program, any remaining balance on your project can be financed at 0% interest over seven years.
128 helps customers obtain that loan in-house with our dedicated financing coordinator who will make sure your equipment is eligible, get you your authorization documents, and then we can pair with some great local lenders who can help you close on the loan to pay for your heat pump installation.
How do I know if I qualify for Mass Save rebates and financing?
National Grid or Eversource customers are going to be eligible. If you live in a town with municipal electric, like Reading or Wakefield, you would need a gas account, with most likely National Grid, to be eligible for Mass Save. But, you still would qualify as long as you have that National Grid gas account in those towns.
If someone wants to stay on their oil or gas heating system, can you still get financing or other incentives?
Absolutely. For a lot of homeowners or homes, heat pumps might just not be the right application for you. We have a lot of other great upgrades we can make to your home’s heating system.
We do oil furnaces, gas, and steam boilers. Any heating system you have in your home, we’re happy to replace it with a similar type of radiator.
These installations can still qualify for incentives. There’s some tax credits available on gas heating systems, and there is financing available for any gas or oil heating system replacement as well.
What are you seeing for changes to the Mass Save program in 2025?
Some big changes are coming to Mass Save for 2025. This is going to be our last year with the $10,000 whole home heat pump rebate. On January 1st, 2026, it’s going to be decreasing to $9,000 and by 2027 it will be down to $8,000. For anyone considering doing a heat pump project in their home, now’s a great time to do it.
In addition, the heat loan program is changing as well. Currently, every homeowner gets a seven-year loan at 0% interest. As of April 1st, 2025, the heat loan is going to be tiered based on homeowner income.
If your income is over 135% of the state median income, you’re going to get a five-year loan as opposed to a seven-year. If you’re 300% the state median income, you’re going to get a three-year loan as opposed to a seven-year.
If customers are concerned about their monthly payment potentially increasing on this heat loan, now would be the best time to complete the heat pump project and ensure that you can take out a seven-year repayment term loan.
Based on income, your payment could be going up if you decide to go with a heating or A/C installation after April 2025.
Your payment can increase based on loan terms after April 2025. If your loan changes from a seven-year loan to a five-year loan, your payment is going to increase 40%. If your loan changes from a seven-year to a three-year loan, your loan repayment is going to increase over 200%. So, that monthly payment is going to go up considerably if you have to change your loan terms after April 1st.
The Mass Save rebates can be up to $10,000 in 2025 and will decrease in the years following. How much are Massachusetts homeowners getting for a heating & A/C federal tax credit?
Right now, there’s a lot of services that 128 provides that are eligible for federal tax credits. A heat pump installation will get you a $2,000 tax credit and a high efficiency gas furnace will get you a $600 tax credit. There are tax credits available for electrical projects as well, like EV charging and service upgrades.
Is 128 Plumbing, Heating, Cooling and Electric a Mass Save Partner?
128 Plumbing, Heating, Cooling & Electric is a listed Heat Pump Installer with the Mass Save program. The company has a dedicated in-house team just for getting customers the Mass Save loan and rebates.
Talk to a 128 teammate about getting an A/C or heating upgrade before April!
