Equipment Rebates

Enjoy up to $2,000 in heating equipment rebates and credits

Did you know that upgrading to high-efficiency heating equipment in your home can lower your energy expenses by 20% or more? It’s true!

But you can also enjoy significant savings right now with generous rebates and tax credits.

Upgrade & Save — Rhode Island has up to $1,400 in heating equipment rebates!

Rhode Island households can save serious cash on installation with Upgrade & Save — Rhode Island’s energy efficiency and safety rebate program.

• up to $1,000 for the replacement or upgrade of an existing oil-fired boiler or furnace
• up to $400 for the installation of a new aboveground oil storage tank

Funds are limited and are allocated on a first-come, first-served basis. Rebates must be processed through a registered Rhode Island Bioheat® fuel dealer. To get started, reach out to your local heating oil company and ask about this exciting program.

Get a federal tax credit of up to $600 for upgrading to high-efficiency oil heating equipment

Thanks to the Inflation Reduction Act, you can receive a federal tax credit of 30% of the cost of installing a qualifying energy-efficient oil heating system, up to $600. Your local Rhode Island heating oil company can tell you what Energy Star-certified equipment is eligible for this incentive.

Have questions about upgrading to energy-efficient heating oil equipment? Reach out to us, and we can help you get answers.