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Heat pumps in New Hampshire.

NHSaves pays $10,000 for a whole-home cold-climate heat pump install. 58% of NH homes heat with oil or propane, this is the program that gets you off both bills.

$6,250
Enhanced tier (electric resistance)
7 items
Eligible categories
4 steps
From quote to rebate
NHSaves heat pump installation, a residential air-source heat pump system at a New Hampshire home
Why now · New Hampshire

Oil bills have climbed every year.

New Hampshire heating oil climbed from $2.75/gal in 2010 to $4.10+/gal by 2025. A 750-gallon NH home now spends over $3,000 a year just on heat. A heat pump locks you off the oil trajectory entirely, while delivering 2.5× the heat per unit of input.

The hedge Heat pump: 2.5× heat per unit input
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New Hampshire heating oil price
2010–2025 · $/gallon
$0 low mid high 2010 2015 2020 2025 US avg $3.51/gallon Heating oil $4.10/gal $2.75/gal Heat pump (locked) your fuel-cost hedge $/gallon, residential
Heating Oil price Heat pump operating cost US national average
Source · EIA Weekly Heating Oil & Propane Survey, residential class, 2010–2025. State averages and the US national line both pulled from the same dataset.
Major heating-oil dealersIrving Energy, Dead River, Eastern Propane & Oil, plus 200+ local dealers
A real example · New Hampshire

What a cold-climate heat pump install actually pays back.

A 3-ton ducted heat pump (R-32, cold-climate certified) replaces your existing heating with a single all-season electric system. The rebate stack below shows what New Hampshire pays back on day one. The red line shows what staying on your current fuel costs you over 15 years.

See the pieces of the stack
01 · Why It Works Here

The numbers that make a New Hampshire heat pump pencil.

Four reasons your heat pump pays you back on day one.

$10,000
NHSaves whole-home rebate
Cold-climate certified
58%
NH homes heating with oil or propane
Highest exposure outside Maine
3 utilities
Eversource + Liberty + Unitil
Unified program statewide
+$500
Manual J sizing bonus
Whole-load match
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02 · Rebates & Benefits

Every rebate line, spelled out.

Current 2026 rebate amounts for NHSaves Heat Pump Rebates. Locked in at the time of pre-approval.

  • Standard tier (oil/gas/propane swap)$250/ton
  • Standard maximum (5 tons)$1,250
  • Enhanced tier (electric resistance swap)$1,250/ton
  • Enhanced maximum (5 tons)$6,250
  • NE Heat Pump Accelerator bonus+$650+
  • Heat pump water heater$750
  • HEAR (federal weatherization, expected mid-2026)launch pending
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04 · Install Timeline

From first call to rebate payment.

A typical New Hampshire heat pump install runs 5–8 weeks from Manual J load calculation to install commissioning.

01.
Site survey & Manual J load calc
Contractor evaluates ductwork, insulation, and total heat load. Produces system design sized to 90–120% of design load.
Week 1
02.
Permits & rebate pre-approval
Building permit filed with the town. Rebate pre-approval filed with the utility or program administrator.
Weeks 1-3
03.
Equipment procurement
Outdoor unit, indoor air handler or coils, and balance-of-system components ordered. Lead times depend on configuration.
Weeks 3-5
04.
Installation & commissioning
Most residential heat pump installs complete in 2–4 days on-site. Building permit inspection and refrigerant commissioning follow.
Weeks 5-8
05.
Rebate paperwork & sign-off
Final inspection paperwork submitted. Rebate check lands as bill credit or direct deposit, depending on the program.
Post-install
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06 · Questions Homeowners Ask

The honest FAQ.

Actual questions that come up in the first installer conversation, answered for a typical New Hampshire homeowner in 2026.

Why is the electric-resistance rebate 5x the oil/gas rebate?

NH has a high concentration of electric-baseboard-heated homes. The electric-to-heat-pump conversion produces the largest energy savings and load-shape benefit for the utility, so the state prioritizes it with the much larger rebate.

When does HEAR launch in NH?

Expected mid-summer 2026, administered by the NH Department of Energy. Projects started before the official launch date will NOT be retroactively eligible, timing matters if you're income-qualified.

What's the NE Heat Pump Accelerator?

A $450M five-state collaboration (CT, ME, MA, NH, RI) launched February 2026 by Northeast Energy Efficiency Partnerships. Provides point-of-sale discounts of $650+ through participating distributors, plus contractor training and bulk equipment purchasing.

What if my utility isn't one of the four NHSaves participants?

Customers of municipal utilities (e.g., Littleton, New Hampton) aren't eligible for NHSaves. Check with your local utility for their separate offerings.

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Explore more

Other states and programs.

Looking for the same kind of program in another state, or a different program in yours? Tap any pill to jump.

Ready to see how NHSaves Heat Pump Rebates applies to your home?

Your Home Efficiency Score shows your exact rebate stack, across this program and every other one you qualify for in 2026.

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