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Town of Wake Forest customers, North Carolina · Rebate

Heat Pump and Water Heater Rebates (Wake Forest Power)

Run by Town of Wake Forest, Wake Forest Power

Wake Forest Power customers get a $300 bill credit for a new electric heat pump and $150 for a new electric water heater when they sign up for load management.

Open Checked Oct 25, 2026

Amounts

How much you get

One-time bill credit: up to $300 for a new electric heat pump, $150 for a new electric water heater. The amount depends on which of these fits your install.

What you installYou get
New electric heat pump$300
New electric water heater$150

Eligibility

Do I qualify?

You need to meet all 3 of these.

  • Wake Forest Power customer.

  • A load management switch must be installed on the new appliance and kept for one year.

    What to doSign up for Load Management and keep the switch installed for at least one year.

  • Heat pump five tons or less (rate schedule minimum 10.00 SEER); water heater with a 30+ gallon tank and two 4,500 watt elements.

Applying

How to apply

You apply by phone.

  1. Install the new heat pump or water heater.
  2. Contact Wake Forest Power to sign up for Load Management and apply for the rebate credit.

    Bring or send your receipt.

  3. After the switch is installed, the credit is applied to your utility bill.

Forms and instructionsLoad Control Credits · Load Management

Questions about applying919-435-9574

Stacking

Use it with

You can get these too.

  • Town of Wake Forest customers, North Carolina

    Beat the Peak Load Management (Wake Forest Power)

    Up to $20 a month

    Wake Forest Power bill credits for load control switches: $2 a month for a water heater, $5 or $20 a month in summer for central AC, and $10 a month in winter for heat strips.

    Checked Oct 25, 2026

Your address

Next steps

Check that it covers your address. Then, if you want, ask for a contractor quote.

FAQ

Questions

How much does Heat Pump and Water Heater Rebates (Wake Forest Power) pay?

$150 to $300, depending on what you install. The table under How much you get lists each amount.

Do I need to be a Town of Wake Forest customer?

Yes. It’s only for homes in Town of Wake Forest customers, North Carolina. See Do I qualify for the details.

Do I need approval before I buy?

A load management switch must be installed on the new appliance and kept for one year. Sign up for Load Management and keep the switch installed for at least one year.

Can I combine it with other rebates?

Yes, with Beat the Peak Load Management (Wake Forest Power). See Use it with.

Is it still available?

Yes. It was open when we last checked, on October 25, 2026.

References

Sources

This page is built from these official pages, run by the program itself.

  1. Appliance Rebateswakeforestnc.gov · Read Oct 25, 2026 · Re-checked weekly
  2. Load Control Creditswakeforestnc.gov · Read Oct 25, 2026 · Re-checked monthly
  3. Load Managementwakeforestnc.gov · Read Oct 25, 2026 · Re-checked weekly

When one of these pages changes, we re-check this page against it.

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