Vermont Gas - Residential Energy Efficiency Leasing Program

Vermont Gas Systems offers lease and purchase options for water heaters and heat pumps, allowing you to upgrade your heating or hot water equipment with monthly lease rates starting at $36 for standard water heaters or $144 for centrally ducted heat pumps. You can apply by completing an Equipment Interest Form on the VGS website, with some equipment eligible for rebates that reduce your cost or annual energy expenses.

VGS provides lease and sale pricing for a range of ENERGY STAR and high-efficiency equipment including water heaters (UEF ratings from 0.59–0.98), furnaces (up to 98% AFUE), boilers (91–96% AFUE), and heat pumps, with VGS rebates already applied to quoted prices and some installations requiring work to bring homes up to code. Contractors can work directly with customers completing Equipment Interest Forms and accessing VGS rebate information on the equipment sales and leases page.

The Residential Energy Efficiency Leasing Program is operated by Vermont Gas Systems and uses lease and purchase models to deliver high-efficiency natural gas and electric heat pump equipment to residential customers, with monthly lease costs ranging from $36–$157 depending on equipment type and utility rebates. Funding comes from VGS rebates integrated into pricing; the program targets all residential customers but shows particular emphasis on low-income segments and supports equipment conversions and new installations for heating, cooling, and hot water.