Rebate & Incentives

Up to $7.000 OFF the installation

0% Financing Available

Thinking about replacing your old central AC system or even installing a new one?



Need to replace your old gas or oil furnace or boiler?


You should consider a new central or ductless heat pump and save!

  • Thinking about replacing your old central AC system or even installing a new one?
  • Need to replace your old gas or oil furnace or boiler?


You should consider a new central or ductless heat pump and save!

UP TO $2000

FEDERAL TAX CREDIT

The Inflation Reduction Act (IRA), signed into law in August 2o22, includes provisions to combat climate change, promote energy efficiency, and reduce greenhouse gas emissions. A key part of the IRA is its focus on incentivizing homeowners and businesses to adopt energy-efficient technologies, including heating, ventilation, and air conditioning (HVAC) systems.


How It Relates to HVAC

The IRA expands and enhances tax credits and rebates for energy-efficient home improvements, including HVAC systems. It aims to encourage the adoption of technologies that reduce energy use and reliance on fossil fuels.


Key Points for HVAC

  • Federal Tax Credit for Energy-Efficient HVAC Systems (Section 25C): Energy Efficient Home Improvement Credit: Homeowners can claim a 30% federal tax credit for purchasing and installing eligible energy-efficient HVAC systems, up to $1,200 annually.
  • Electrification and Renewable Energy Incentives: The IRA strongly promotes heat pumps, which are energy-efficient systems that provide both heating and cooling by transferring heat rather than generating it. Heat pumps may qualify for the higher $2,000 credit limit, reflecting their importance in reducing energy consumption.
  • Incentives for Contractors: The IRA provides additional support for HVAC contractors, including training and certification for installing energy-efficient systems, further boosting industry adoption.


How Homeowners Benefit

  • Homeowners upgrading to energy-efficient systems not only save on installation costs due to tax credits and rebates but also reduce energy bills and carbon footprints over time.
  • The IRA encourages a switch from traditional gas-powered systems to more efficient electric-based HVAC options, like heat pumps.


If you're considering upgrading HVAC systems, it's worth reviewing the specific qualifications for credits, as the system must meet certain energy efficiency standards defined by the U.S Department of Energy.

UP TO $5000

PSEG ENERGY REBATE

PSEG Long Island offers the Whole Home Heat Pump Program to encourage homeowners to install energy-efficient air source heat pump (ASHP) systems. This program provides rebates based on the heating capacity of the installed system, measured in tons (where 1 ton equals 12,000 BTU).

Rebate Structure

Standard Rate:

  • First 4 Tons: $1,000 per ton
  • Tons 5 and 6: $500 per ton


Example: Installing a 3-ton system would yield a rebate of $3,000.

Income-Eligible Rate: Enhanced rebates are available for qualifying households.

  • 1st Ton: $4,000
  • 2nd Ton: $3,000
  • 3rd Ton: $2,000
  • 4th Ton: $1,000
  • 5th and 6th Tons: $500 per ton


Example: A 3-ton system for an income-eligible household would qualify for a $9,000 rebate.

Eligibility and Requirements

Participating Contractors: To qualify for these rebates, installations must be performed by contractors participating in PSEG Long Island's Home Comfort Program.


Income Eligibility: Enhanced rebates are available for households meeting specific income criteria. For instance, a single-person household with a gross annual income up to $39,864 may qualify. Income limits increase with household size.


Equipment Standards: Installed heat pumps must meet specific efficiency standards, particularly their heating capacity at 17°F, as outlined by PSEG Long Island.

Application Process

Consultation: Engage with a participating contractor to assess your home's heating and cooling needs.


Verification: If applying for income-eligible rebates, provide necessary income documentation to confirm eligibility.


Installation: The contractor will install the qualifying heat pump system.


Rebate Submission: After installation, the contractor typically assists in submitting the rebate application on your behalf. Check is then sent to customer home from PSEG, after installation and application is complete.

For comprehensive details, including finding participating contractors and understanding the full eligibility criteria, please visit PSEG Long Island's official Home Comfort Program page.