Rebates and Eligibility
Heat Pump Rebates by Project Type
Please see the various projects, requirements and rebates.
Find a Contractor
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In order to be eligible for rebates, you must use one of our participating contractors. Find a contractor.
Whole-House Projects Single Family Homes Customer Rebate per Single Family Home** Low Income (<60% Area Median Income) $7,500 Moderate Income (<80% Area Median Income) $5,000 Market Rate located in a Disadvantaged Community* $5,000
Market Rate
$4,000
Contractor Incentive
$250 per Project
For Disadvantaged Communities Rate eligibility, please check nyserda.ny.gov/ny/Disadvantaged-Communities
** Rebates are based on single family dwelling basis (1-4 units), cost caps may apply.
*** Heat pump system must meet 100-120% of the ENTIRE dwelling heating load. Manual J required.
**** Dual fuel thermostat/integrated controls are required, or existing fossil fuel heating systems must be removed. If there is an existing fossil fuel heating system, heat pump must be the primary heat system and fossil fuel is secondary.
***** Qualifying cold climate air source heat pumps, excluding units with furnace component, must be listed on the Northeast Energy Efficiency Partnerships (NEEP) Cold Climate Air Source Heat Pump Specification Product Listing. Qualifying air to water heat pumps must be listed on the New York State AWHP Qualified Product List. Qualifying dual fuel thermostats/integrated controls must be listed on Masssave. -
Whether you’re building from the ground up or looking to modernize your property, PSEG Long Island offers rebates that make it easier and more affordable to install high-efficiency heat pump systems. Heat pumps help you reduce your energy use, improve tenant comfort, and future-proof your property – all while cutting energy costs.
Multi-Family In-Unit Heat Pumps
Multi-Family Rebate* Building Caps New Construction In-Unit Heat Pumps $500/Dwelling $100,000 Existing Building In-Unit Heat Pumps $4,000/Dwelling $200,000 Existing Building In-Unit Geothermal $3,000/Dwelling $200,000 In-Unit Heat Pump Water Heater $1,200/Unit n/a Multi-Family In-Unit Heat Pumps - Disadvantaged Communities
Multi-Family Rebate* Building Caps New Construction In-Unit Heat Pumps $500/Dwelling $100,000 Existing Building In-Unit Heat Pumps $5,000/Dwelling $200,000 Existing Building In-Unit Geothermal $5,000/Dwelling $200,000 In-Unit Heat Pump Water Heater $1,200/Unit n/a
Multi-Family Common Area Heat Pumps
Multi-Family Rebate* Building Caps New Construction Common-Area Heat Pumps $50/MMBTU $100,000 Decommissioned Fossil Fuel Common-Area Heat Pumps $150/MMBTU $200,000 Multi-Family Common Area Heat Pumps - Disadvantaged Communities
Multi-Family Rebate* Building Caps New Construction Common-Area Heat Pumps $50/MMBTU $100,000 Decommissioned Fossil Fuel Common-Area Heat Pumps $200/MMBTU $200,000 For Disadvantaged Communities Rate eligibility, please check nyserda.ny.gov/ny/Disadvantaged-Communities
Who is Eligible?
- Multifamily buildings with five or more units.
- Both new construction and existing building retrofits.
- Pre-approval required before work begins.
Heat Pump Eligibility Requirements- All equipment must comply with the NY State Clean Heat Calculator and/or applicable industry standards
- To be eligible for incentives, all heat pump systems must be sized in compliance with NY state and municipal codes
- Final rebate payment is based upon installed equipment specifications and may be lower than pre-approved amounts
- Only electrical energy efficiency or beneficial electrification measures will be eligible for a rebate; beneficial electrification includes on-site replacement or displacement of fossil fuel consuming equipment (oil, gas or propane) by efficient electric technology
- New construction projects will have natural gas as the baseline if available in the area and existing building will use existing conditions as the baseline
- Integrated controls will be required on ccASHP projects where a supplemental fossil fuel heat source is present
- NEEP Cold Climate ASHPs have the following additional criteria: Must be listed on the NEEP list at the point of Application submission - https://ashp.neep.org
Additional Rebate Guidelines ENERGY STAR® Heat Pump Water Heater- Limit of 1 rebate per appliance type, per unit
- HPWH must carry ENERGY STAR or Most Efficient designation
- The rebate amount cannot be more than 70% of the purchase price paid
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In order to be eligible for rebates, you must use one of our participating contractors. Find a contractor
Customers must also have their income verified using our income verification process.
In addition to standard rebates, income eligible homeowners may take advantage of enhanced rebates from PSEG Long Island as well as financing through New York State to help reduce the cost of your energy efficiency upgrade. Low-interest On-Bill Recovery Loans and Smart Energy Loans are available through Green Jobs – Green New York. Speak to one of our participating contractors for additional details or learn more about Energy Finance Solutions.
Eligibility Guidelines
With Home Comfort Plus, income-qualified customers may qualify for low-cost installation. Check table below to see if you qualify.The current low-income guidelines for 2026 are set at 60% of area median income.
Household Size Maximum Gross Annual Income Maximum Gross Monthly Income 1 $69,263 $5,772 2 $79,163 $6,597 3 $89,063 $7,422 4 $98,925 $8,244 5 $106,875 $8,906 6 $114,788 $9,566 7 $122,700 $10,225 8 $130,613 $10,884
9 $138,495 $11,541
10 $146,409 $12,201 The current moderate-income guidelines for 2026 are set at 80% of the area median income.
Household Size Maximum Gross Annual Income Maximum Gross Monthly Income
1 $92,350 $7,696 2 $105,550 $8,796 3 $118,750 $9,896 4 $131,900 $10,992 5 $142,500 $11,875 6 $153,050 $12,754 7 $163,600 $13,633 8 $174,150 $14,513 9 $184,660 $15,388
10 $195,212 $16,268
* Please use the PSEG Long Island Income Determination Tool (Excel file) to determine what programs you may be eligible for,
Have questions?
Learn more about purchasing air source heat pumps and the value of expert advice - contact us today!


