Vineyard Residents: We Want to help you Save money!

Energy efficient buildings start with good weather sealing, insulation, and modern home energy systems. Follow these steps to improve your home energy efficiencies:

  • No Cost Home Energy Assessment

    Sign up today for a Home Energy Assessment (HEA) at no cost and see how you can upgrade your building efficiencies. The HEA is the key to unlocking numerous rebates and incentives.

  • Weatherize

    Your Home Energy Assessment will identify ways to air-seal and insulate your home at little or no cost to you.

  • Install Heat Pumps

    Use your Home Energy Assessment to access rebates and incentives to purchase and install highly efficient heat pumps for heating, cooling, and hot water.

Explore the drop-downs below to learn more about no cost Home Energy Assessments, Weatherization, Air Source Heat Pump rebates, Heat Pump Water Heater rebates, HEAT Loans, and Cape Light Compact loans.

  • The Home Energy Assessment is a no cost service offered by the partners of Mass Save that recommends energy efficiency improvements for your home. A Home Energy Assessment is required to access many of the energy efficiency incentives available to residents in Massachusetts.

    During a Home Energy Assessment, an Energy Specialist will review your home energy systems and analyze each space for energy losses. You will then receive a custom report with recommendations to improve building efficiencies that includes information on applicable rebates.

    Eligibility

    • Must have active Eversource Account on Martha’s Vineyard

    • Only for existing residences

    Click here to sign up for a Home Energy Assessment today! For more information on the Home Energy Assessment, visit the Cape Light Compact website.

  • Ensuring your home is air tight and properly insulated is essential in achieving high home efficiency. Once you’ve completed the Home Energy Assessment, your Energy Specialist will make recommendations on how to properly insulate your home and prevent energy leaks. The Cape Light Compact offers no-cost air leak sealing in drafty areas of your home and will provide the following rebates for insulation installation:

    1. Standard Incentive

    • Up to 75% rebate

    • Most residents eligible upon completion of Home Energy Assessment

    2. Year-round Renter Incentive

    • 100% rebate

    • Must be a Year Round Renter with electric account in tenant’s name and provide a lease or rental receipt

    3. Enhanced Residential Program

    More information is available here.

  • Heat pump technology enables individuals to heat and cool their homes efficiently using electricity that will become increasingly more renewable in years to come. Moving away from fossil fuel home heating appliances and adopting heat pump technology is imperative to reduce fossil fuel use on island. State energy efficiency programs offer the following incentives for heat pump heating and cooling solutions for your home:

    Air Source Heat Pumps

    • Whole home: $10,000 per home

    • Partial home: $1,250 per ton of load up to $10,000

    • Up to $1,500 when adding integrated controls

    Air to Water Heat Pumps

    • Whole home: $10,000 per home

    Geothermal Heat Pumps

    • Whole home: $15,000 per home

    • Partial home: $2,000 per ton of load up to $15,000

    Eligibility

    Equipment must supplement oil, propane, or electric baseboard heat

    Visit the Cape Light Compact’s website for more information on heat pump heating and cooling incentives!

  • Heat pump technology provides effective electric-based domestic hot water solutions that are 3x more efficient than propane or oil domestic hot water counterparts. The following rebates for heat pump water heaters are available to residential customers:

    • $750 off the invoice of heat pump water heater purchase and installation when working with a Mass Save Heat Pump installer. Click for more.

  • Qualified Massachusetts customers can receive zero-interest financing through the HEAT Loan Program to make your home more energy-efficient year-round. The HEAT Loan can help you afford efficient upgrades, increase your home’s comfort, and boost the value of your home.

    For more information on how to qualify and receive 0% interest financing, click here.

In addition to rebates and loans through the Mass Save, there are numerous federal clean energy incentives given to US residents through the Inflation Reduction Act (IRA). Check the drop-downs below for more information on potential rebates and tax credits.

  • The Residential Energy Efficiency Tax Credit is a 30% tax credit on residential efficiency and electrification upgrades and installation. Total annual tax credit is capped at $1,200 per household per year excluding a $2,000 individual tax credit for heat pumps and heat pump water heaters. In total, annual tax credit savings could reach $3,200.

    For more information, click here.

  • The Residential Clean Energy Tax Credit is a 30% tax credit for qualifying clean energy installations on residential homes.

    Eligible installations include:

    • Solar electric panels

    • Solar water heaters

    • Wind turbines

    • Geothermal heat pumps

    • Fuel cells

    • Battery storage technology

    For more information, click here.

  • HEEHRA is a point-of-sale rebate program that covers 100% of electrification project costs for low-income households (up to $14,000) and 50% of costs for moderate-income households (up to $14,000).

    Qualified electrification projects include:

    • Heat Pump HVAC systems

    • Heat Pump water heaters

    • Electric stoves and cooktops

    • Heat Pump clothes dryers

    • Enabling measures such as upgrading circuit panels, insulation, air sealing, ventilation, and wiring.

    For more information and eligibility, click here.

  • The HOMES program offers point-of-sale rebates for energy saving retrofits that achieve a defined threshold of energy savings using a modeled or measured quantification approach.

    For more information on eligibility and energy thresholds, click here.

Thinking of a major renovation or building a new structure?

Incentives for residents looking to renovate or build new structures with increased home efficiency are available. The Cape Light Compact offers two paths to help residents save money: the Residential New Construction Path and the Renovations and Additions Path. Detailed information on both incentive programs is available on the Compact’s website.