​The Taunton Municipal Light Plant (TMLP) has launched the TMLP Saves™ – Heat Pump and Zero-Interest Loan Program, aiming to enhance energy efficiency for residential customers. This initiative offers financial incentives for weatherization and the installation of Ground Source or Cold Climate Air Source Heat Pumps, effective from January 1, 2025. ​

Key Features of the TMLP Saves™ Program:

  1. Zero-Interest Loans:

    • Eligible customers may receive zero-interest loans of up to $25,000 are available for energy-saving improvements, including heat pumps and insulation, with terms extending up to seven years.
  2. 2025 Heat Pump & Weatherization Rebates 
    • Eligible customers may receive 50% off of weatherization and  air sealing, up to $3,000 total.
    • Eligible customers may receive 50% off the cost of barrier mitigation for insulation, up to $2,000.
    • Eligible customers may receive heat pump rebates at $1,250 per ton up to $5,000.
    • Low and moderate income customers may be eligible for rebates at $2,250 per ton up to $9,000.*

*LMI customers must provide proof of income using the IRS tool (https://www.irs.gov/individuals/get-transcript) to qualify.  You must submit a copy of the transcript of your most recent tax return, but no older than one year from the time of application.  TMLP will use the Commonwealth of Massachusetts’s Low and Moderate Income Qualification Chart to determine LMI qualifications.  In TMLP’s discretion, TMLP may accept proof of fuel assistance eligibility to qualify LMI customers.

Eligibility Criteria:

      • Must have an active residential electric account with TMLP for at least six months and maintain a zero balance (no arrears).​
      • Participation in a no-cost home energy audit through Energy New England (ENE) is required.
      • Selection of a contractor, including Endless Energy, approved by the Heat Pump Administrator (HPA) is mandatory.

Application Process:

      • Complete the TMLP Saves™ Program Application Form and provide all necessary documentation.
      • Installations must occur after January 1, 2025, to qualify for rebates.​
      • Rebates are issued as checks post successful quality assurance of the installation, with processing times of 6-8 weeks. ​

Additional Resources:

    • TMLP offers various resources, including a Heat Pump Information Forum and partnerships with local lenders like Bristol County Savings Bank and Taunton Federal Credit Union, to assist customers in financing their energy-efficient upgrades.

By participating in the TMLP Saves™ program, homeowners can significantly reduce their carbon footprint, enhance home comfort, and achieve substantial energy savings.​

About Endless Energy:

At Endless Energy, we are committed to promoting sustainable energy solutions. Our expertise in heat pump installations and weatherization services aligns seamlessly with programs like TMLP Saves™, enabling us to assist homeowners in maximizing their energy efficiency and accessing available incentives.​

For more information on how Endless Energy can support your energy efficiency goals, please contact us at 508-501-9990 or reach out to us online.

Note: Specific details regarding rebate amounts and loan terms are subject to change. For the most current information, please refer to the official TMLP website.