Get Thousands Off an Air-Source Heat Pump

Receive up to $12K in savings for a limited time when you upgrade your space with any air-source heat pump, including mini splits.

How it Works

Choose from our list of approved contractors or have yours apply to participate.
The contractor will visit your home free of charge, recommend the right equipment for you, and tell you how much it will cost after Con Edison’s contribution.
The contractor performs the work and takes up to $12,000* off your final invoice. No waiting for rebates!

About Air Source Heat Pumps

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 winter, they extract heat from outside the building and bring it inside.

A heat pump transferring the heat in the air into a building to warm it during the winter and out to cool it during the summer.

There are three types of air-source heat pumps to consider:

Mini splits are a great option if you don’t have existing ductwork. Indoor air handlers can be mounted on the floor, wall, or ceiling.
A central air-source heat pump is great for buildings with existing ductwork and won’t take up any additional space on your walls.
Air-to-water heat pumps provide heating, cooling, and domestic hot water and are a good fit if you have existing radiators that can be repurposed.

Incentives	Single-Family Homes	Apartments	Available Tax Credits
Incentives System Removal Incentive	Single-Family Homes $10,000	Apartments $6,000	Available Tax Credits $2,000
Incentives Enhanced Incentive for Disadvantaged Communities**	Single-Family Homes $12,000	Apartments $7,000	Available Tax Credits $2,000
Incentives Integrated Controls Incentive	Single-Family Homes $2,500	Apartments $1,000	Available Tax Credits $2,000
Incentives Enhanced Inegrated Controls Incentive for Disadvantaged Communities**	Single-Family Homes $4,500	Apartments $2,000	Available Tax Credits $2,000

*All incentive rates for air-source heat pump installations are capped at 50% of project costs, or 70% of project costs if you’re located in a Disadvantaged Community.

**Disadvantaged Communities are defined by the New York State Climate Justice Working Group. See if you qualify.

These rates are part of a limited time offer. To receive an incentive, your contractor must complete installation and submit an incentive application by May 31, 2024.

If you previously received an incentive for a partial heat pump installation in your home, you could be available for additional incentives to fully decommission your old fossil fuel heating system. Get $4,000 if you live in a single-family home or $1,500 if you live in an apartment.

Includes two- to four-family homes as well as individual apartments in buildings with five or more units. If you own or manage a multifamily building with five or more and are looking to install heat pumps for the entire building, please see our heat pump incentives for multifamily buildings.