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Save up to $2,350/year vs oil & propane heating. Efficiency Vermont rebate up to $2,200 + $475 Village of Hyde Park Electric rebate.
Estimated Savings
$2,350/yr
vs oil & propane
$2,200
Efficiency Vermont
$475
Village of Hyde Park Electric
~7 yrs
estimated
Hyde Park, Vermont homeowners switching from oil & propane to a heat pump can save approximately $2,350 per year on heating costs. Hyde Park is served by Village of Hyde Park Electric, a municipal utility charging $0.20/kWh. 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 Hyde Park — 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. Village of Hyde Park Electric adds another $475 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 Hyde Park — 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, Village of Hyde Park Electric. Can be stacked with Efficiency Vermont.
Investor-Owned Utility · $0.24/kWh
Heat Pump Rebate
$2,200
Municipal Utility · $0.20/kWh
Heat Pump Rebate
$475
Additional Programs
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 Hyde Park. Standard models lose significant capacity below 20°F.
+ 187 more towns in Vermont