Starting in 2023, there are federal rebates available from the “High-Efficiency Electric Home Rebate” program. These aren’t tax credits, they are point of sale rebates that homeowners will receive as discounts as they make approved improvements.
These rebates are tied to household income. To get the full rebate amount, your income must be 80 percent less of the Area Median Income (AMI); if your household income is 80 percent to 150 percent of the AMI, you can get 50 percent of each rebate amount; households with AMIs higher than 150 percent do not qualify for the program.
The law requires the Department of Energy to provide guidance to states and then each can set up it’s own program. Some states might add energy efficiency or other standards; some might reimburse contractors vs. operating rebate banks.
Home Heating:
Save up to $700 When You Upgrade to ENERGY STAR® Certified Home Heating Equipment
With as much as half* of the energy used in your home going to heating and cooling, choosing ENERGY STAR certified heating equipment can have a big impact on your comfort, while helping you save money.
If your furnace or boiler is over 15 years old, it’s probably heating your home inconsistently or close to failing. Avoid the hassle and extra costs of equipment failure by replacing your old unit with a new ENERGY STAR certified model.
Rebates on Energy-Saving Home Heating
| Eligible Equipment | Efficiency Requirement | Rebate |
|---|---|---|
| Furnace Tier 1 | ENERGY STAR certified and minimum 92% AFUE | $300 |
| Furnace Tier 21 | ENERGY STAR certified and minimum 95.1% AFUE | $400 |
| Boiler Tier 1 | ENERGY STAR certified and minimum 90% AFUE | $400 |
| Boiler Tier 21 | ENERGY STAR certified and minimum 95% AFUE | $700 |
1 You may be able to claim a federal tax credit of 30% of the project cost up to $600. Federal tax credits may require exceeding efficiency requirements above, check eligibility requirements at energystar.gov/taxcredits.
Water Heaters:
Save up to $400 on Select ENERGY STAR® Certified Models
Water heaters are the second highest energy user in the home.* Set yourself up for long-term savings and choose an ENERGY STAR certified natural gas water heater that provides all the hot water you need, while also saving you energy and money.
Rebates on Energy-Saving Water Heaters
| Eligible Water Heaters | Efficiency Requirement | Rebate |
|---|---|---|
| Storage Water Heater Tier 1 | Minimum UEF 0.64 | $100 |
| Storage Water Heater Tier 21 | ENERGY STAR certified | $150 |
| Tankless Water Heater Tier 1 | Minimum UEF 0.87 | $350 |
| Tankless Water Heater Tier 21 | ENERGY STAR certified | $400 |
1 You may be able to claim a federal tax credit of 30% of the project cost up to $600. Federal tax credits may require exceeding efficiency requirements above, check eligibility requirements at energystar.gov/taxcredits.
ENERGY STAR® Rebates
Dominion Energy offers residential customers rebates on ENERGY STAR® certified appliances. These appliances have advanced technologies, using up to 50 percent less energy than standard models and improving comfort in your home. This means lower energy costs for you.
Available Rebates Include:
- Refrigerator ($50)
- Freezer ($50)
- Clothes Washer* ($50)
- Electric Clothes Dryer ($100)
- Dehumidifier ($25)
- Room Air Purifier ($50)
- Dishwasher* ($50)
*Electric water heating may be required.
