Heat pump rebates
Compare whole-home heating and cooling incentives from PSEG Long Island and Con Edison.
Explore program : Heat pump rebates
Long Island & NYC · Rebate guide
Find incentives for efficient hot water, separately from your space-heating heat pump.
Check my rebateA heat pump water heater draws warmth from the air around it to heat a storage tank. It is a water-heating upgrade—not a whole-home heating system. Its location, air volume, electrical supply and condensate drainage matter as much as the model you choose.
Match the eligible model to the utility’s current equipment list before buying.
Check whether the incentive is taken off at purchase or processed through a participating contractor; do not assume every retailer offers it.
Con Edison’s published offer has a dated purchase promotion. The finder uses the purchase-date window; confirm the current offer with the administrator.
PSEG publishes an incentive up to its program maximum, not a guaranteed payment for every tank.
Installation costs, household demand, tank size and available space should be reviewed before replacing an existing gas or electric tank.
01
Select the water-heater project and confirm your electric provider, rather than using space-heating rates.
02
Review hot-water demand, air supply, noise considerations, power and drainage.
03
Verify the eligible model and instant-rebate or contractor process before ordering, and retain the receipt and model information.
Your electric provider, project and service address determine the program. This is an estimate, subject to equipment and application review.
Equipment rules last checked: 2026-10-28. Separate efficiency assistance is not added to this total.
Rebates depend on your electric company.
Confirm current requirements before purchasing equipment or authorizing work. Assessment and weatherization guidance checked November 1, 2026.
No. Water-heater incentives are a separate equipment program. Do not add the two amounts unless both projects independently qualify and the administrators allow combining them.
No. Heat pump water heaters need adequate air volume or an approved ventilation arrangement, plus service clearances and condensate drainage. Follow the specific model’s installation requirements.
Confirm the eligible model and redemption method first. An instant rebate may require a participating retailer or purchase channel and a qualifying purchase date.
Choose your project
Compare whole-home heating and cooling incentives from PSEG Long Island and Con Edison.
Explore program : Heat pump rebates
Find incentives for efficient hot water, separately from your space-heating heat pump.
Explore program : Heat pump water heater rebates
Explore insulation and air sealing support, and how it relates to a heat pump upgrade.
Explore program : Weatherization assistance
Start with an energy audit to identify worthwhile improvements before choosing equipment.
Explore program : Home energy assessments