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Updated for 2026 Section 25C Federal Tax Credits

Save Up To $2800 On Heat Pump Water Heaters in Chicago, Illinois

Combine ComEd EV & Energy Efficiency local utility rebates ($800) with federal IRA tax credits ($2,000) to upgrade your home.

Claim Your Local Chicago Rebates & Quotes

Compare vetted local installers through EnergySage to lock in local rebates before funding caps out.

Find Local Installers & Calculate Rebates
Verified Energy ROI Model for Chicago

10-Year Total Cost Breakdown

HEAT PUMP WATER HEATER$2,179$178/yr operating
GAS TANKLESS$5,276$198/yr operating
ESTIMATED 10-YEAR NET SAVINGS WITH HEAT PUMP$3,097

Popular Top-Rated Units in Chicago

Rheem ProTerra Hybrid 50-Gal

3.88 UEF Efficiency rating. Ideal for basements and garages in Illinois.

Check Availability at Lowe's

AO Smith Voltex AL Smart 50-Gal

Quiet operation with leak protection. Qualifies for full $800 rebate.

Check Price at Home Depot