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I got our oil removed and heat pumps installed through masssave last fall.

I ended up getting 5 quotes that varies from $20k-50k. Two of the installers wanted to do ducted systems and eventually we ended up around $30k with a good installer.

We paid the 10k as a down payment in November. Got the 0% interest loan about $150/month. We just got the rebate check in the mail. And 150/mo plus the new electric rate is still cheaper than oil. Long term I’m hoping it will pay for itself.

I have a 2017 bolt EV - bought used, not one that is advertised as having great mileage even in 2017. I routinely take it 400-500mi plus drives with one or maybe two charge stops for vacation and family trips. Middle of ME to the southern tip of NJ. My home is somewhere in the middle.

Charged off my 110 outlet since I got to car (about 4 years) up to last month Oct 2023 when I got a 220v outlet installed as part of another project. One charge was enough for the week. Occasionally I’d plug in at work or at a friends. Worst case actually pay $5-9 for a DC quick charge if I know I’m doing a long drive. All that is way easier if you just have a place to plug in consistently at home.

I don’t get the negativity most people have twords EVs. Everyone is astounded when I say I just plug it into the wall and have to plan longer trips slightly more, like that’s not news anymore.

And there’s a bunch more DC chargers than when I first started driving an EV - so it’s wayyy easier for new folks to adopt.

Exactly what I’m doing right now. Oil tank is rated for 30 years, and it’s 32 years old.

Start here and get an energy assessment done. Took about 90min, we did it on a video call.

MassSave Home Energy Assessment

They are also going to upgrade our insulation to current standards. $3000 job but through them we are paying $526.44. Also we got some free power strips and shower heads and a smart thermostat upgrade.

If this whole heat pump install goes well I’m going to be telling literally everyone in MA to contact them…

Ya that sounds rough. Maybe they ran higher gauge cable and skimped on the breaker?

I know electric work can be included in the loan for whatever that’s worth.

MA already has a program in place. Look up MassSave. Bet case scenario you could qualify for a 10k rebate and a 7year 0% interest loan.

We get a fall and 3-4 months of winter.

For reference the cheapest heat pump water heater I was able to get quoted (4 companies quoted) was $6k. We elected to get a non efficient water tank at $1900. 2023.

I think covid drove up the cost for sure. And I think certain contractors are inflating the price for the rebate. 2 of 4 companies gave me 50k plus quotes even without duct work. Maybe that was the fuck you we don’t have the people to do it please go away price though I dunno.

Yea it’s basically a not mini mini split.

We looked into doing a ducted heat pump through the attic for the top floor. But it quickly brought the project into the 50k range for what amounted to a slightly better looking design.

5 indoor units, 2 outdoor units, new water tank, electric work, boiler and oil tank both got to get chopped up safely before being brought out. Went through several vendors to get the project under 30k.

And it’s New England so the heat pumps have to be hyper heat units that function in winter. We are getting units that will heat to 70 degrees inside at -13deg outside and functions down to -22. (All F)

I’m going through this right now with my state (MA). After a lot of talking and finding non-shit vendors and quotes and stuff I’ve got an application into the state program. About $28k total to remove oil from my home completely in favor of heatpumps and a new water heater. State will give us a 10k rebate and a loan where they pay 7 years of interest. So that works out to 10k upfront we get back and then 7 years of $225/month payments.

We pay $300/month for oil. And that price is always getting higher.

Edit: worth mentioning that we are going for a full whole home rebate - to get the full 10k we are required to heat the same areas to the same heat load to qualify. We could have gone for a partial rebate and done a hybrid oil heat pump system. (Which didn’t seem to be a good idea long term with oil costs)