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Save up to $1,500/year vs oil & gas heating. Energize CT rebate up to $10,000 + $3,750 Eversource Energy (CT) rebate.
Estimated Savings
$1,500/yr
vs oil & gas
$10,000
Energize CT
$3,750
Eversource Energy (CT)
~6 yrs
estimated
Putnam, Connecticut homeowners switching from oil & gas to a heat pump can save approximately $1,500 per year on heating costs. The local utility, Eversource Energy (CT), charges $0.31/kWh for residential electricity. A heat pump replaces both your furnace and air conditioner, providing year-round heating and cooling at a fraction of the cost.
Moderate to cold winters with design temps around 5°F to 10°F. Cold-climate heat pumps (ENERGY STAR Cold Climate certified) recommended. Equipment must be on Energize CT Qualified Product List. Cold-climate heat pumps (ccASHP) are essential for Putnam — standard models lose significant capacity below 20°F. We recommend Mitsubishi Hyper-Heat and Bosch IDS 2.0 for this area.
The Energize CT rebate covers up to $10,000 of installation costs. Eversource Energy (CT) adds another $3,750 utility rebate on top. The federal 25C heat pump tax credit expired at the end of 2025, making these state and utility incentives more important than ever.
NuWatt Energy installs heat pumps directly in Putnam — no subcontractors. We handle the full process: sizing assessment, equipment selection, installation, and all Energize CT rebate applications. Pair with solar to reduce your heat pump operating costs to near zero.
Expired December 31, 2025. Previously 30% up to $2,000.
Energize CT 2026: two tiers — Standard Air Source $250/ton (max $2,500) and Energy Optimization $1,000/ton (max $10,000). Must use HPIN contractor. Smart-E Loan at 0.99% APR available through CT Green Bank.
Heat pump rebate from your local utility, Eversource Energy (CT). Can be stacked with Energize CT.
Investor-Owned Utility · $0.31/kWh
Heat Pump Rebate
$3,750
Moderate to cold winters with design temps around 5°F to 10°F. Cold-climate heat pumps (ENERGY STAR Cold Climate certified) recommended. Equipment must be on Energize CT Qualified Product List.
Cold-climate heat pumps (ccASHP) are required for Putnam. Standard models lose significant capacity below 20°F.
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