The winter here in Roseville, California, isn’t generally freezing, but it still gets quite chilly. This issue is certainly exacerbated by losing a vital appliance like your water heater. There is no “good time” for this appliance to fail, of course. Your daily routine depends on hot water. For homeowners looking for a reliable, long-term solution, tankless water heaters are worth considering. Whether you need a new unit or you’re just considering an upgrade, tankless water heaters have earned a solid reputation over the past few years.
With on-demand hot water, small space requirements, and less maintenance than traditional models, a tankless system might be the right move. For many homeowners, however, the price tag gives them pause. Did you know there are many different ways to save money on these appliances? Whether through several financing paths or rebate offers, you can save quite a bit of money on tankless heaters. Some options offer upfront savings, while others offer rebates after the purchase. At Environmental Heating & Air Solutions, we can help you get the tankless heater you want. Let’s have a look at some of these options.
Manufacturer Rebates and Promotions
Some tankless water heater manufacturers periodically offer rebates and promotions as an incentive to encourage people to switch to high-efficiency models. These offers can partially offset the upfront purchase cost and ultimately save you some money. Manufacturers often partner with local contractors like us to provide these savings directly to the consumer. Depending on the season and model, promotions may be available from well-known tankless brands such as Rinnai, Navien, and Noritz.
Some of these promotions include a flat-rate discount on specified models. You can also find warranty promotions that add value to your purchase. Choosing a reputable brand can help you unlock savings, and we can walk you through current manufacturer offers that apply to your installation.
Local Utility Company Incentives
Your local gas or electric utility company has a vested interest in reducing overall energy consumption, which is why many offer incentives for high-efficiency home upgrades. In the greater Sacramento area, utilities such as PG&E and SMUD periodically offer rebate, bill credit, or efficiency incentive programs that apply to eligible water-heating improvements, including certain tankless systems that meet efficiency requirements.
These programs typically work in a few common ways. Some utilities provide a rebate after installation once proof of purchase, model specifications, and installation details are submitted. Others offer on-bill financing, where the upfront cost is spread across monthly utility bills over time. Utility incentives vary by provider and eligibility rules, but the takeaway is that energy-efficient upgrades are often rewarded in a structured, predictable way.
Specialized HVAC Financing Programs
At Environmental Heating & Air Solutions, we partner with lenders to offer you financing options on approved credit. You go directly through us to see if you qualify for financing, and it’s a very quick and straightforward process. We can generally approve clients in minutes.
There are some common, client-friendly features of these specialized programs.
- Zero percent interest for a period
- Low monthly payments spread over years
- No random interest spikes
- No prepayment penalties if paid off early
- Soft credit pulls without score impact
- More likely to be approved
- Much quicker process
These options turn a large one-time expense into a predictable monthly payment that often fits comfortably within your budget. In many cases, the energy savings on your monthly bill can help offset some of the payment.
Home Equity Lines of Credit (HELOC)
Homeowners who have owned their home for several years likely have equity built up. You can actually use this home equity to fund home improvements. A HELOC can easily finance a project like a tankless water heater. This is something that adds to the value of your home overall, so a HELOC is pretty easy to obtain if you have sufficient equity.
These loans are secured by the home itself, and so they often have low interest rates. This is an option many homeowners opt for when they’re making multiple home improvements and renovations. You can consolidate your home improvement costs into one low-interest credit line.
Lease-to-Own Programs
A lease-to-own program is a good choice for homeowners who have a low credit score or prefer not to take on traditional loans. Generally, this sort of program allows you to select a water heater and have it installed with no money down. You then make regular monthly lease payments for a set term.
At the end of the lease, you typically have an option to purchase the unit for a specified fee or to continue the agreement. Many of these programs also include maintenance or repair coverage during the lease term. Lease-to-own options are commonly offered through contractor financing partners and select manufacturer-backed programs, making them a practical path for homeowners who want a new system without a traditional loan.
State and Local Energy Grants
California energy initiatives and electrification programs have supported home efficiency upgrades through rebates, grants, and low-interest financing options. Programs connected to organizations such as TECH Clean California, the California Energy Commission, and major utilities have been designed to help homeowners move toward higher-efficiency equipment.
The state of California has been pushing for many years to lower its carbon footprint. There are billions of dollars available in grants and loans through a mix of state and utility-administered programs. These funds are often associated with larger electrification moves (like heat pumps), but certain high-efficiency water-heating upgrades can qualify as well. Grants are typically harder to get than loans, but the opportunities do exist.
Other Potential Avenues
While the One Big Beautiful Bill Act’s 2025 incentives expired, there are still avenues to explore. If you installed a unit prior to the end of last year, you may still be eligible to claim those legacy credits on your 2025 tax return filed this year. For new projects in 2026, the focus has shifted toward state-administered programs like HEEHRA. This program provides point-of-sale rebates for high-efficiency upgrades to income-qualified households.
Also, the California Energy Commission regularly updates its portfolio of “Pay for Performance” programs, which can reward homeowners based on the measured energy savings their upgrades provide over time. California’s statewide electrification resources, including initiatives associated with The Switch Is On, often highlight currently available incentives that do not depend on federal tax eligibility. The bottom line is that even when a specific federal rebate sunsets, there may still be active state and utility pathways to lower the overall cost of a tankless upgrade.
At Environmental Heating & Air Solutions, we are committed to making sure every homeowner in Roseville can enjoy the benefits of modern technology. We understand that the upfront costs of a tankless water heater and installation might be on the steep side. This is why we want to empower you with information to help ease this financial burden. Our full-service HVAC company deals in heating and cooling, indoor air quality, water heaters, and more. We hope that you’re able to use this information to save money on a new tankless water heater. When the time comes, we’re happy to offer our expertise to install your system.
Contact Environmental Heating & Air Solutions today for more information about tankless water heaters
