Why is the Con Edison heat pump rebate $4,000–$10,000 and not a 'per-ton' figure?

Con Edison's Clean Heat program scales the heat pump rebate by your home's heating load — typically $4,000 on smaller homes up to $10,000 on larger / dual-fuel-replacement projects. The exact figure is locked in when we file the Manual J load calculation. It is paid as an instant invoice credit, not a check.

Are federal IRA tax credits still part of the market-rate stack in 2026?

No. The federal 25C heat pump credit and 25D solar/geothermal credit both expired December 31, 2025 under the 2025 federal budget. Equipment placed in service in 2026 no longer qualifies. The 2026 market-rate stack on this page is utility + state only — HEEHRA's point-of-sale discount remains, but it is income-qualified and not available at market rate.

How long does the Con Edison rebate take to hit my invoice?

Instant. The Con Edison Home Comfort rebate is filed by us during the install and applied as a line-item credit on your final invoice — you pay the post-rebate balance, not the gross. NYS geothermal credits are different (you claim those on next year's state return), and NY-Sun solar rebates are processed by NYSERDA on a 4–8 week cycle.

Con Edison · Market-Rate

New York City HVAC Rebates 2026 — $4,000–$10,000 Con Edison Heat Pump Rebate

Standard Con Edison Home Comfort rebates for New York City homeowners — $4,000–$10,000 heat pump rebate, $1,000 heat pump water heater rebate, plus National Grid furnace and boiler incentives. No income verification required.

Potential combined savings

Up to $11,000 + tax

Who qualifies: Households above 80% Area Median Income (AMI) — most working homeowners qualify here.

Incentive totals are estimates for qualifying homeowners. Final amounts depend on income verification, equipment selection, utility approval, electrification scope, and current program availability — not all customers will qualify for every program shown.

Last updated January 15, 2026 — figures reflect active 2026 program rules.

What you can stack as a market-rate New York City household

$4,000–$10,000 Con Edison Home Comfort heat pump rebate (Manual J 100–120% sizing, Participating Partner only)
$1,000 instant heat pump water heater rebate
National Grid: up to $1,500 high-efficiency boiler, $800 furnace
NY-Sun solar PV rebate up to $2,000 (NYSERDA)
NYS geothermal tax credit up to $5,000 (25% of system cost)

No income documentation needed — straight installer-applied rebate at time of install.

Calculate my rebates (516) 259-1191

Why Home+

Home+ is a Con Edison Participating Heat Pump Contractor — required to file the flagship rebate. We size every install with Manual J at 100–120% of design load (the rebate's exact sizing rule) and submit all paperwork on your behalf.

✓ Manual J load calc included
✓ Rebate paperwork handled end-to-end
✓ 10-year parts / 1-year labor warranty
✓ Financing through Synchrony available

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Worked example — how the stack actually pencils out

Market-Rate New York City stacking math

3-ton cold-climate heat pump replacing an end-of-life central AC + gas furnace on a typical New York City single-family home. No income paperwork.

Con Edison Home Comfort heat pump rebate (instant invoice credit)$4,000–$10,000

Heat pump water heater rebate (if upgrading hot water)$1,000

National Grid high-efficiency furnace/boiler (if dual-fuel hybrid)up to $1,500

Estimated turnkey project cost (heat pump only)−$22,000

Estimated out-of-pocket after stack≈ $12,000–$18,000 before financing

Market-rate stacking is simpler — no NYSERDA application, no income verification, no federal HEEHRA. The utility rebate hits the invoice immediately. Synchrony 0% APR financing or Comfort/Infinite membership can spread the remaining balance.

All market-rate rebates for New York City

Programs filtered for Con Edison territory and market-rate eligibility.

Region

Equipment / Category

New York State

Heat Pump

Available Incentive

$1,000–$3,000 per ton

NYS Clean Heat — Air-Source Heat Pump

NYSERDA / NYS Clean Heat

Per-ton rebate framework for qualifying cold-climate air-source heat pumps installed by a Participating Partner. On Long Island this is administered by PSEG-LI as the Home Comfort Program (flat tier); in NYC it is administered by Con Edison Clean Heat. The per-ton figure shown is the statewide reference — your actual rebate comes from your local utility administrator, not stacked on top.

NEEP cold-climate listed equipment
Installed by participating contractor

Stacks with 4 other programs

2026 programView details

New York State

Heat Pump Water Heater

Available Incentive

$700–$1,000

NYS Clean Heat — Heat Pump Water Heater

NYSERDA / NYS Clean Heat

Rebate for qualifying ENERGY STAR heat pump water heaters.

ENERGY STAR certified HPWH

Stacks with 1 other program

2026 programView details

New York State

Geothermal

Available Incentive

25% up to $5,000

NYS Geothermal Tax Credit

NYS Department of Taxation and Finance

25% of geothermal heat pump system cost, up to $5,000.

Geothermal heat pump system

Stacks with 1 other program

2026 programView details

New York State

Solar

Available Incentive

$1,000–$2,000 typical (per-watt block incentive)

NY-Sun Residential Solar Incentive

NYSERDA

Upfront NY-Sun Megawatt Block incentive (~$1,500 typical) applied by your participating installer at the point of sale.

NYSERDA-eligible installer
Grid-tied residential PV system
+1 more requirement

Stacks with 1 other program

2026 programView details

New York City

Heat Pump

Available Incentive

$4,000–$10,000 instant invoice credit

Con Edison Clean Heat — Heat Pump (Market Rate)

Con Edison

Con Edison Clean Heat residential program — the NYC version of NYS Clean Heat, administered by Con Edison. $4,000–$10,000 instant invoice credit for market-rate single-family heat pump installs, calculated at roughly $120/MMBtu of estimated annual heating load. Fuel-switching from gas/oil to a full-load heat pump is required to access the higher end of the range.

Household income above 80% AMI (~$129,600+ for family of 4)
Cold-climate air-source heat pump on the NEEP QPL
+2 more requirements

Stacks with 2 other programs

2026 programView details

New York City

Heat Pump Water Heater

Available Incentive

$700–$1,000 instant discount

Con Edison — Heat Pump Water Heater

Con Edison

Con Edison instant rebate on ENERGY STAR certified heat pump water heaters. Applied at point of sale by a participating contractor — no application required.