Receive a $200 rebate when you install a new heating oil storage tank—this can be at the same time as the system replacement or at a different time. REBATE AMOUNT Efficiency Requirement Oil or Propane Indirect water heater $400 Must be attached to an oil- or propane-fired heating system. All rebate submissions for furnaces, boilers or storage tanks must be submitted by that date! Other Massachusetts Rebate Programs. Home Services & Rebates Massachusetts New York Rhode Island. Where it can be demonstrated that a client does […] Amount: up to $7,500 Who is Eligible: Homeowners Description: The Heating Oil Tank Replacement Program (HOTRP) provides assistance to homeowners to replace their heating oil tank or associated components, as well as installation, in the form of a grant of up to $7,500 per unit. Massachusetts Energy Marketers Association One Van de Graaff Drive, Suite 100 Burlington, MA 01803. Select Your Region . Removing the old heating oil tank can run $500-$3,000, depending on local rates and the size of the tank, its condition and how easily it can be reached. Take advantage of the savings that MassSave and the Massachusetts Energy Marketers Association have to offer. Aboveground tanks are typically less expensive to remove than underground tanks. Starting May 18, homeowners in Massachusetts only will be eligible to receive a $200 rebate when they install a higher efficiency oil-fired system than the system currently in their home. The funds for these rebates are available to Massachusetts homeowners only, on a first-come, first-served basis. Average costs and comments from CostHelper's team of professional journalists and community of users. Contact your local heating oil company to explore your options in new fuel storage tanks and get details about getting a $200 rebate for an oil tank upgrade. Where can we help you today? Must replace a freestanding or tankless water heater. Propane ENERGY STAR® certified propane on-demand tankless water heater $800 0.87 Uniform Energy Factor (UEF) or Solar storage tanks are not eligible. The ongoing 2020 program will end on Friday, August 21st. This program is funded by the National Oilheat Research Alliance (NORA) and aims to help heating oil companies upgrade their customers to new, higher efficiency heating oil equipment. Upgrade your heating equipment and oil tank and save with limited time rebates! How much a heating oil tank should cost. Welcome to MAPDArebate.com, the online portal of the MAPDA Rebate Program. Prices aggregated from Massachusetts Department of Energy Resources telephone surveys of full-service oil dealers who service Massachusetts households; not inclusive of any discounts offered for cash payments and based on the average winter fill-up 100-150 gallons/fill-up or more.. If you have been putting off replacing your heating system or heating oil tank, now is the time! 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