Rebates and Eligibility
Heat Pump Rebates by Project Type
Please see the various projects, requirements and rebates.
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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 (Market Rate) Total Project Heating Tons* Customer Rebate** Ton 1 $1,000/12,000 heating BTU @ 17°F Rated Ton 2 $1,000/12,000 heating BTU @ 17°F Rated Ton 3 $1,000/12,000 heating BTU @ 17°F Rated
Ton 4
$1,000/12,000 heating BTU @ 17°F Rated
Ton 5
$500/12,000 heating BTU @ 17°F Rated
Whole-House Projects (Disadvantaged Communities Rate)
Total Project Heating Tons* Customer Rebate** Ton 1 $1,250/12,000 heating BTU @ 17°F Rated Ton 2 $1,250/12,000 heating BTU @ 17°F Rated Ton 3 $1,250/12,000 heating BTU @ 17°F Rated Ton 4 $1,250/12,000 heating BTU @ 17°F Rated
Ton 5
$625/12,000 heating BTU @ 17°F Rated For Disadvantaged Communities Rate eligibility, please check nyserda.ny.gov/ny/Disadvantaged-Communities
** Rebates are based on Total Heating Capacity and capped at $4,500 (Market Rate) and $5,625 (Disadvantaged Communities Rate).
*** Heat pump system must meet 100-120% of the 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 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 * Rebates effective Jan 1, 2025. PSEG Long Island reserves the right to adjust rebates at any time.
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
PSEG Long Island offers valuable rebates on a variety of compact ENERGY STAR® rated models to fit any space. You can trust one of our highly skilled PSEG Long Island Home Comfort Plus Partners. Count us to help make your energy efficiency upgrade a fast, easy and affordable experience.
Home Comfort Plus offers the highest rebates for income qualified customers. Rebates are for whole house heat pump projects/solutions. These new rebates typically range from $4,000 for 1-ton ASHP (12,000 heating BTU unit for a 600 sq. ft. existing home with natural gas) and could be as high as $10,500 for a 5-ton ASHP (60,000 heating BTU unit for a 2,100 square foot, new construction home).
Whole-House Projects (Low-Income Rate) Total Project Heating Tons* Customer Rebate** Ton 1 $4,000/12,000 heating BTU @ 17°F Rated
Ton 2 $3,000/12,000 heating BTU @ 17°F Rated
Ton 3 $2,000/12,000 heating BTU @ 17°F Rated
Ton 4 $1,000/12,000 heating BTU @ 17°F Rated
Ton 5 $500/12,000 heating BTU @ 17°F Rated
Whole-House Projects (Moderate Income Rate) Total Project Heating Tons* Customer Rebate** Ton 1 $1,250/12,000 heating BTU @ 17°F Rated
Ton 2 $1,250/12,000 heating BTU @ 17°F Rated
Ton 3 $1,250/12,000 heating BTU @ 17°F Rated
Ton 4 $1,250/12,000 heating BTU @ 17°F Rated
Ton 5 $625/12,000 heating BTU @ 17°F Rated
Eligibility Guidelines
With Home Comfort Plus, income-qualified customers may qualify for free installation with little to no out of pocket cost. Check table below to see if you qualify.The current low-income guidelines for 2025-2026 are set at 60% of the state median income.
Household Size Maximum Gross Annual Income Maximum Gross Monthly Income 1 $41,685 $3,473 2 $54,512 $4,542 3 $67,338 $5,611 4 $80,165 $6,680 5 $92,911 $7,749 6 $105,817 $8,818 7 $108,222 $9,018 8 $110,627 $9,218
9 $113,032 $9,419
10 $115,437 $9,619 The current moderate-income guidelines for 2025-2026 are set at 60% of the median income for Suffolk and Nassau County.
Household Size Maximum Gross Annual Income Maximum Gross Monthly Income
1 $69,300 $5,775 2 $79,200 $6,600 3 $89,100 $7,425 4 $98,940 $8,245 5 $106,860 $8,905 6 $114,780 $9,565 7 $122,700 $10,225 8 $130,620 $10,885 9 $139,051 $11,588
10 $148,027 $12,336
* For the purpose of this table, "Tons" is referring to Heating BTUh based on AHRI 17F Rated data.
** Rebates are based on Total Heating Capacity
Have questions?
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