Overview
Available Rebates in New York
New York offers multiple rebates, incentives, and tax credits for energy-efficient upgrades. These programs are provided through:
- NYSERDA (New York State)
- Utility Companies (Con Edison, National Grid, PSEG Long Island)
- Federal Programs (IRA Tax Credits)
- NYC Property Tax Incentives
In many cases, these incentives can be combined to significantly reduce the total project cost.
Residential Rebates (1–4 Family Homes)
Heat Pump Rebates (Heating & Cooling)
Programs:
NYS Clean Heat + Utility Rebates
Eligible Products:
- Air Source Heat Pumps (Central / Mini Split)
- Ductless Systems
- Geothermal Heat Pumps
Rebate Amount:
- Up to $8,000 – $10,000 (Single-family homes)
- Up to $4,000 (Apartments)
- Up to $30,000 – $40,000 (Geothermal systems)
Notes for Website:
- Higher incentives available in disadvantaged communities
- Must be installed by approved contractors
- Often combined with federal tax credits
Home Energy Efficiency (Insulation & Air Sealing)
Programs:
EmPower+ / Comfort Home
Eligible Work:
- Attic, wall, and basement insulation
- Air sealing
- Energy efficiency upgrades
Potential Rebates:
- Up to $14,000 (Downstate NY) for low-income households
- Up to $7,000 (50% cost coverage) for moderate-income households
- Typical standard rebate: $2,000 – $4,000
Notes:
- Often required before installing high-efficiency HVAC systems
- Improves comfort and long-term savings
Heat Pump Water Heater (HPWH)
Programs:
Utility + NYSERDA
Eligible Products:
- Heat Pump Water Heaters
Rebate Amount:
- Typically $500 – $2,000
- Can be higher with income-qualified programs
Notes:
- May be included in electrification programs
- Often paired with panel upgrades
Programs:
Energy Exchange / IRA / Utility Programs
Eligible Work:
- Electrical panel upgrades
- Gas-to-electric conversions
- Wiring upgrades
Rebate Amount:
- Up to $5,000 – $20,000 (project-based)
- Full electrification projects may qualify for higher incentives
Notes:
- Required for full electrification (heat pump, electric appliances)
- Often bundled with HVAC upgrades
Multifamily & Building Owners (5+ Units)
Multifamily Energy Efficiency
Programs:
Con Edison / National Grid / NYSERDA
Eligible Work:
- Central HVAC Systems
- Heat Pumps
- Boiler Replacement
- Building-wide upgrades
Rebate Amount:
- Project-based (can reach tens of thousands to millions)
- Up to $20,000 per unit in some deep retrofit programs
Affordable Housing Programs
Programs:
NYSERDA + NYC HPD
Eligible Work:
- Deep Energy Retrofit
- Electrification
- High-efficiency building systems
Rebate Amount:
- Up to $5,000,000 per project
- Up to $20,000 per unit
Commercial Rebates
Small Business Energy Incentives
Programs:
Con Edison / National Grid
Eligible Work:
- HVAC Systems
- Heat Pumps
- Refrigeration
Rebate Amount:
- Up to 70% of equipment cost
- Up to 50% for electrification projects
- Heat Pump examples:
- $5,000 – $12,500 depending on space size
Important Notes
Important Information
- Incentives vary based on location (NYC, Long Island, Upstate)
- Eligibility depends on income, property type, and utility provider
- Some programs cannot be combined
- Incentives may change at any time based on funding availability
- Most rebates are applied directly through contractors
Find Out What You Qualify for
Every property is different. Contact us today to find out which rebates and incentives are available for your home or building.
- Free Consultation
- Rebate Eligibility Check
- Custom Upgrade Plan
