Rebates & Incentives

New Hampshire HVAC Rebates: What Is Actually Available in 2026

A lot of what homeowners have read about energy rebates is out of date. Here is the current picture for the Lakes Region, in plain language, with links to the programs themselves so you can check every number yourself.

The Short Version
  • Federal tax credits for heat pumps ended December 31, 2025
  • NHSaves utility rebates are still active for 2026
  • R-410A equipment no longer qualifies for any NHSaves rebate
  • Rebates are applied for by the homeowner, not by your contractor
Please Read This First

Rebate and incentive programs are administered by NHSaves and its utility partners — Eversource, Liberty Utilities, New Hampshire Electric Cooperative and Unitil — not by Laconia Residential. Determining eligibility, completing the paperwork and submitting an application are the homeowner’s responsibility. We share this information as a courtesy because our customers ask about it often.

Program terms, rebate amounts, qualifying equipment and funding availability change without notice, and rebates are offered while funds last. Nothing on this page is a guarantee that you will qualify for or receive any rebate. Always confirm current details directly with NHSaves and with your own utility before you purchase equipment.

start here, because this one surprises people

The Federal Tax Credits Are Gone

For years, homeowners planning a heat pump counted on the federal energy efficiency tax credits. Sections 25C and 25D expired on December 31, 2025. For equipment installed in 2026, they provide nothing.

This matters because a great deal of the rebate advice still circulating online was written while those credits existed. If a website, a salesperson, or a quote references a federal tax credit for a 2026 heat pump installation, that information is out of date, and the total savings figure attached to it is too high.

The state-level programs are a different story, and they are still running.

Where Things Stand
  • Federal 25C and 25D — expired December 31, 2025
  • NHSaves utility rebates — funded by New Hampshire ratepayers, unaffected by the federal expiration, active for 2026
  • New England Heat Pump Accelerator — a separate regional initiative offering point-of-sale incentives through distributors, not administered by the NHSaves partners
heat pumps and central air

NHSaves Electric Rebates for 2026

Rebates are calculated per ton — AHRI cooling capacity divided by 12,000. A system rated at 40,000 BTU of cooling is 3.33 tons. Which tier you fall into depends on your utility and, more than anything, on what you are replacing.

Eversource, Liberty and Unitil

For residential electric customers of these three utilities.

  • $250 per ton — ducted or ductless air-source heat pump, including homes switching from oil, natural gas or propane
  • $70 per ton — ENERGY STAR certified central air conditioner
  • $85 per unit — Wi-Fi thermostat installed with a qualified heat pump
  • Limit of five tons per account
New Hampshire Electric Cooperative

NHEC serves much of the Lakes Region. Check your electric bill.

  • $250 per ton — ducted or ductless air-source heat pump
  • $2,000 per ton — replacing permanent electric resistance heat
  • $70 per ton — qualifying central air conditioner
  • $85 per unit — Wi-Fi thermostat with a qualified heat pump
  • Whole-house incentive for heat pumps offsetting 80% of total load
  • Weatherization incentive for members also participating in Home Energy Performance

NHEC publishes minimum efficiency specifications for qualifying equipment: ducted systems require SEER2 of 15.2 or higher, EER2 of 10.0 or higher, HSPF2 of 8.1 or higher and a COP of at least 1.75 at 5°F. Ductless systems require SEER2 of 16.0, EER2 of 9.0, HSPF2 of 9.5 and the same COP threshold.

Natural Gas Equipment

For natural gas customers of Liberty and Unitil.

  • Up to $1,500 for high-efficiency natural gas furnaces, boilers, heating controls and heat-recovery ventilators
  • Up to $700 for high-efficiency natural gas water heating equipment
  • Amounts vary by equipment type and efficiency rating — a high-AFUE condensing boiler and a furnace sit at very different tiers
  • Liberty natural gas customers may also be eligible for 0% on-bill loan financing toward qualifying gas equipment
furnaces, boilers and controls

If You Heat With Natural Gas, There Is a Separate Program

The heat pump rebates above run through the electric side of NHSaves. High-efficiency gas equipment is handled separately, and it is only available to natural gas customers of Liberty and Unitil while funding lasts.

The gas program also runs on a different clock. Where the electric rebate forms are due by the end of January following installation, the gas rebate form generally must be received within 60 days of the installation date. If you are replacing a gas furnace or boiler, that is a much shorter window worth noting on your calendar the day the work is done.

Rebate applications also require that equipment be installed by a licensed heating or plumbing contractor, and that the invoice show manufacturer, model number, and efficiency rating. Those details appear on your installation paperwork.

the traps worth knowing about

Three Ways Homeowners Lose a Rebate They Expected

None of these are obvious, and all three are avoidable if you know about them before you buy rather than after.

Buying R-410A Equipment

To comply with EPA rules on refrigerants, every heat pump model using R-410A was removed from the NHSaves Heat Pump Qualified Product List effective January 1, 2026 and is not eligible for a rebate. A system can be genuinely efficient and still earn nothing. Check the qualified product list before you sign.

Skipping Pre-Verification

The enhanced rebate for homes replacing permanent electric resistance heat requires pre-verification through NHSaves before the system is installed. Install first and the enhanced tier is no longer available to you, regardless of what the home qualified for.

Missing the Window

Electric rebates require installation between January 1 and December 30, 2026, with forms postmarked no later than January 30, 2027. The natural gas program generally requires the form within 60 days of installation. Funding is limited and can run out before the deadline.

how it generally works

The Homeowner Drives This Process

Rebates are between you, NHSaves and your utility. Here is the shape of it, so nothing catches you out. Confirm each step against the current program materials.

1

Confirm Your Utility

Your electric utility determines which rebate table applies to you, and much of the Lakes Region is served by NHEC rather than Eversource. Your bill tells you.

2

Pre-Verify If It Applies

If you heat with permanent electric resistance and want the enhanced tier, pre-verification has to happen before installation, not after.

3

Check the Equipment

Confirm the specific model appears on the NHSaves Heat Pump Qualified Product List. Ask for the manufacturer and model number in writing on your quote.

4

Submit Your Application

Complete the rebate form and send it with your dated invoice within the program’s window. Keep a copy of everything you submit.

Where We Fit In

We would rather be clear about this than have you assume something we cannot deliver.

What We Do

  • Install equipment properly and to code
  • Provide a written quote with manufacturer and model numbers
  • Give you an itemized invoice showing what was installed
  • Point you toward the current program information

What We Do Not Do

  • Determine whether your home qualifies for a rebate
  • Complete or submit rebate applications on your behalf
  • Guarantee any rebate amount, approval or payment timeline
  • Administer or influence any utility program
frequently asked questions

Rebate Questions From Lakes Region Homeowners

Do you handle the rebate paperwork for me?

No. Rebates are administered by NHSaves and its utility partners, and the application is the homeowner’s responsibility. What we provide is a proper installation and clear documentation — quote and invoice showing manufacturer, model number and efficiency rating, which is the information the rebate forms ask for.

Is there still a federal tax credit for a heat pump?

Not for 2026 installations. Sections 25C and 25D expired on December 31, 2025. Any savings estimate that includes a federal credit for a system installed this year is overstated.

How much is the rebate if I am switching from oil or propane?

For electric customers of Eversource, Liberty, Unitil or NHEC, switching from oil, natural gas or propane to a qualifying heat pump falls in the $250 per ton tier. On a typical three-ton system that is roughly $750. The much larger per-ton tiers apply only to homes replacing permanent electric resistance heat.

What is a ton, and how do I know how many I need?

A ton is a unit of capacity, calculated by dividing a system’s AHRI cooling capacity by 12,000. A 40,000 BTU system is 3.33 tons. Rebates are paid per ton, so system size directly affects the amount — though sizing should always be driven by your home’s actual heat loss, not by chasing a rebate.

Why would a high-efficiency system not qualify?

Most often, refrigerant. Heat pump models using R-410A were removed from the NHSaves Qualified Product List effective January 1, 2026 to comply with EPA rules. The system can be efficient and still be ineligible, which is why the model should be checked against the list before purchase.

I have natural gas, not electric heat. Is there anything for me?

Yes, a separate program. Natural gas customers of Liberty and Unitil can access rebates of up to $1,500 for high-efficiency furnaces, boilers, heating controls and heat-recovery ventilators, and up to $700 for gas water heating equipment, while funding is available. Note the tighter submission window on that program.

How do I know which utility rules apply to me?

Look at your electric bill. Much of the Lakes Region is served by New Hampshire Electric Cooperative rather than Eversource, and NHEC runs its own rebate table with a couple of incentives the other utilities do not offer.

Are these amounts guaranteed?

No. Every NHSaves program is offered while funding lasts and terms can change at any time without notice. The figures on this page reflect published program materials as of August 2026, and you should verify current amounts directly with NHSaves and your utility before purchasing.

equipment these programs cover

Related Services

Heat Pump Installation

Ducted, ductless and hybrid cold-climate systems sized to your home.

Ductless Mini-Splits

Room-by-room zoning for homes where ductwork was never an option.

Gas Furnaces and Heating

High-efficiency gas furnace and boiler replacement for Lakes Region homes.

let’s talk it through

Planning an Upgrade? Let’s Talk About the Equipment.

Program details on this page reflect NHSaves published materials as of August 2026 and are provided for information only. Verify all current terms with NHSaves and your utility.