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Save up to $2,300/year vs oil & propane heating. Efficiency Vermont rebate up to $2,200 + $2,200 Green Mountain Power rebate.
Estimated Savings
$2,300/yr
vs oil & propane
$2,200
Efficiency Vermont
$2,200
Green Mountain Power
~7 yrs
estimated
Milton, Vermont homeowners switching from oil & propane to a heat pump can save approximately $2,300 per year on heating costs. The local utility, Green Mountain Power, charges $0.24/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.
Very cold winters with design temps of -10°F to -15°F. Cold-climate heat pumps are mandatory. Cold-climate heat pumps (ccASHP) are essential for Milton — standard models lose significant capacity below 20°F. We recommend Mitsubishi Hyper-Heat and Fujitsu Halcyon XLTH for this area.
The Efficiency Vermont rebate covers up to $2,200 of installation costs. Green Mountain Power adds another $2,200 utility rebate on top. Income-qualified households may also receive HEAR rebates of up to $8,000. 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 Milton — no subcontractors. We handle the full process: sizing assessment, equipment selection, installation, and all Efficiency Vermont 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.
Efficiency Vermont ducted cold-climate heat pump rebate up to $2,200.
Heat pump rebate from your local utility, Green Mountain Power. Can be stacked with Efficiency Vermont.
Up to $8,000 (low-income) or $4,000 (moderate-income). Stackable with other rebates.
investor_owned · $0.24/kWh
Heat Pump Rebate
$2,200
Very cold winters with design temps of -10°F to -15°F. Cold-climate heat pumps are mandatory.
Cold-climate heat pumps (ccASHP) are required for Milton. Standard models lose significant capacity below 20°F.
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