Get Thousands Off an Air-Source Heat Pump

Save Thousands Off an Air-Source Heat Pump

Receive up to $11,000 in incentives when you upgrade your heating and cooling system to efficient air-source heat pumps.

About

Air-source heat pumps move existing heat in the air from one place to another using electricity. In the summer, they move heat from inside the building to the outside. In the winter, they extract heat from outside the building and bring it inside.

There are three types of air-source heat pumps:

Mini splits: If you don’t have existing ductwork, they can be mounted on the floor, wall, or ceiling.
Central air-source: For buildings with existing ductwork. The pump won’t take up additional space on your walls.
Air-to-water: If you have existing radiators that can be repurposed, it provides heating, cooling, and domestic hot water.

Incentives

Option 1

Remove or disable your old heating system and replace it with air-source heat pumps

Option 2

Keep your old heating system and install integrated controls alongside your air-source heat pumps.

OPTION 1

	WEATHERIZED TIER RATE*	STANDARD RATE
Incentives	$5,000 for apartments $10,000 for single-family homes	$3,500 for apartments $7,000 for single-family homes
Enhanced Incentives for Disadvantaged Communities**	$5,500 for apartments $11,000 for single-family homes	$4,000 for apartments $8,000 for single-family homes

* The Weatherized Tier offers higher incentives for homes that are properly insulated and air sealed. If your home does not meet these requirements, you may still qualify for a standard incentive. An approved contractor can help determine which incentive level your project qualifies for.

** Incentives are capped at 70% of project costs, or 85% if you’re located in a Disadvantaged Community. See if you qualify.

OPTION 2

	STANDARD RATE
Incentives	$1,000 for apartments $2,500 for single-family homes
Enhanced Incentives for Disadvantaged Communities**	$2,000 for apartments $4,500 for single-family homes

Eligibility

Single-family homes, two- to four-family buildings, and individual apartment owners in buildings with five or more apartments may be eligible for these incentives. If you own or manage a multifamily building with five or more apartments, please view the incentives available for your building.

Previously received an incentive for a partial heat pump installation in your home? You could be eligible for additional incentives up to $4,000 for a single-family home and up to $1,500 for an apartment when you remove or disable your old fossil fuel heating system.

All customers must work with an approved contractor and be deemed service adequate to participate.

Get Started

Step 1

Choose from our list of Participating Contractors, or have yours apply to become a Participating Contractor. You must work with a Participating Contractor to qualify for incentives.

Step 2

The contractor visits your home, provides a quote for the work, and estimates how much of the cost Con Edison will cover.

Step 3

Your rebate is subtracted from the final invoice. No waiting for rebates

Step 4

Consider switching to the Steady Use Rate to save an average of 10% on your bill compared to the standard rate.

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