A homeowner on Reddit was considering installing a heat pump to save money on their utility bills. The Department of Energy recommends heat pumps as they use less energy, resulting in lower bills. In fact, Rewiring America estimates that households can save around $370 per year by installing a heat pump. Many Redditors shared their positive experiences with heat pumps, with some receiving tax credits and rebates. For example, one person received a $500 rebate and a $1000 tax credit for installing a new heat pump. Experts, like Mitsubishi, can help determine if a heat pump is right for a specific home and even recommend smaller pumps for partial installation. With potential savings and incentives, investing in a heat pump may be a worthwhile decision for those looking to reduce their energy costs. By exploring options and taking advantage of rebates, homeowners can make a positive impact on their wallet and the environment.
‘[We] received a $500 rebate and were also eligible for a $1,000 tax credit’
![‘[We] received a $500 rebate and were also eligible for a $1,000 tax credit’](https://i2.wp.com/www.thecooldown.com/wp-content/uploads/2025/07/heat-pumpimage-rec9VmDEU0PuogW5V-1.jpg?w=1080&resize=1080,675&ssl=1 "‘[We] received a $500 rebate and were also eligible for a $1,000 tax credit’")