What is CHIPP? A new incentive program that aims to help our existing electric customers that heat primarily with oil or propane gas to convert to a more energy-efficient electric cold-climate air source heat pump system. A heat pump system not only heats your home efficiently during cold weather months, it also provides central air cooling during the heat of the summer.
Why should you participate? NPU will provide participants with a $1,200 per ton rebate (based on size of system) toward the purchase and installation of a heat pump, plus up to $1,500 for integrated controls and up to $1,100 for heat pump water heater. A heat pump can reduce your heating and cooling energy costs for years to come.
Depending on the size of system required for your house or place of business, this rebate can contribute up to 40% of the cost of a new system. You can also finance your new system through several financial institutions offering attractive rates for those who qualify.
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How does the program work? Interested customers complete a short interest form online at rebrand.ly/CHIPP4NPU (mobile-friendly) or email NPU at email@example.com. To speak to Jeff Brining about this program, call 860-823-4522. Applicants will be selected on a first-come-first-serve basis until participation goals have been met, or December 31, 2020.