Lower your cost of new heating and cooling equipment with rebates and financing options.

Many energy providers, state governments, and equipment manufacturers are offering rebates to offset the costs of high-efficiency heating and cooling systems. These incentives help homeowners make energy-efficient upgrades to their homes so they can control their indoor temperatures more sustainably.

In general, the higher the efficiency of a new furnace, air conditioner, ductless system, or heat pump, the more you save.

When rebates from Mass Save® are combine with those from participating manufacturers, such as Carrier®, you can save up to one-fifth of the project cost, including installation.

Not only will your energy bills decrease significantly, but your overall year-round comfort will improve drastically.

Here are some current rebate incentives:

Mass Save

When you purchase an air conditioning system or heat pump that is Energy Star rated, you may be eligible for a rebate.

Heating Rebates

Installation Type Rebate Manufacturer’s AFUE is at least:
Hot Water Boiler $2,750 / $2,300 95% Natural Gas / Propane
Furnace with ECM Blower, On-Demand DHW $950 97% Natural Gas
Furnace with ECM Blower $750 / $1,000 95% Natural Gas / Propane
Furnace with ECM Blower $1,250 97% Natural Gas
Condensing Boiler with On-Demand Water Heater $1,600 / $2,000 95% Natural Gas / Propane
On-Demand Water Heater $800 87% UEF – Propane
Indirect Water Heater $400 Must be connected to forced hot water boiler
Energy Star® programmable set-back thermostat $25 Must be Energy Star labeled
Energy Star® WiFi thermostat $100 Must be Energy Star labeled

Air Conditioning Rebates

Rebate Type SEER AHRI HSPF Rebate Amount
Central Heat Pumps ≥ 16.0 ≥60% ≥ 9.5 $ 1250 per ton
Ductless Mini-Split Heat Pump ≥ 18.0 ≥58% ≥ 9.5 $ 250 per ton

Ask us about the Whole Home Rebates up to $15,000 off, now available!

Limited-time offer: ask us for details.

Learn more about Mass Save Programs.

Take advantage of Carrier New England's AC Upgrade program for qualifying Carrier furnace with installation of replacement AC, by CPS Heating and Cooling.

Carrier New England A/C Upgrade Program

For qualifying Carrier furnaces with the installation of a new or replacement Carrier air conditioning unit

Efficient A/C or heat pump up to $350 rebate
More efficient A/C or heat pump up to $450 rebate
Most efficient A/C or heat pump up to $600 rebate
Inverter heat pump system $1,200 rebate
Greenspeed hybrid heat pump system up to $1,400 rebate

Limited-time offer: ask us for details.

Massachusetts “HEAT” Loans

The residential HEAT Loan Program provides 0% loans from participating lenders to assist with qualified energy-efficient improvements in residential homes.

Loans are available up to $25,000 with terms up to 7 years (depending on the loan type).

Limited time offer: ask us for details.

Rebates can be difficult to navigate but your CPS Heating & Cooling consultant can help you identify the best rebate offers and we will even handle much of the paperwork for you. Contact us today.

Please note: We do our best to keep our web pages up to date with the latest offerings from Mass Save and other agencies offering heating and cooling incentive programs. We are not responsible for outdated information that may appear on this website. We verify rebate offerings when a job is contracted, and make you aware of any time-sensitive information.