Electric Heating & Cooling Heat Pumps
Limited-time increased incentives on heat pump technology through November 15, 2024
From October 1 to November 15, 2024, you can take advantage of higher incentives and experience the all-in-one comfort and energy savings of high-efficiency heat pump technology plus you may earn a bonus up to $1,250 when you upgrade to an air-source or water heating heat pump system and submit a rebate application by December 6, 2024.
Keep your home warm in the winter and cool in the summer with state-of-the-art heat pump technology and conserve energy year-round while reducing your carbon footprint -- this includes heat pump water heaters that save energy by using up to 70% less electricity than traditional, less efficient ones.
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Why heat pumps?
Listen to our expert Jenny Cross as she explains the available incentives and benefits of installing heat pump equipment.
How much could I save?
Heat Pump incentives vary depending on multiple factors. NYS Clean Heat Participating Contractors, are not only heat pump experts but have been trained to effectively determine equipment capacity to meet your home needs and calculate your total incentive. Incentives are based on the equipment capacity (Btu/h) and baseline incentive for each type of equipment and project. We are offering generous increased baseline incentives on all qualifying systems when you upgrade between October 1 and November 15, 2024, plus you can earn an additional bonus up to $1,250 when you submit a rebate application for an air-source heat pump or heat pump water heater by December 6, 2024. Use the table below as a quick reference guide:
Total Heating Btu/h x Baseline $ Incentive = Total $ Incentive
Note: Heat pump equipment incentives are only available to National Grid electric service customers and are capped at 50% of the project costs, including equipment and installer fees. Total incentive for heating equipment includes a Participating Contractor incentive up to $500, which the contractor is entitled to but may choose to offer to the customer.
Limited-time: Stack up even more savings.
For a limited time, we are offering generous increased incentives on all qualifying heat pumps, plus you can also take advantage of all the other ways these all-in-one systems could be more affordable for your budget, from low-interest financing options to federal tax credits, and special incentives if you live in priority electrification areas.
From October 1 to November 15, 2024, you can save more on your new, clean energy system and start saving on your annual energy costs for years to come.
How do heat pumps work?
During the colder months, heat pumps take heat from the outside air and transfer it into your home. During the warmer months, they keep your home cool by pulling heat from inside your home and transferring it outside.
How old is your current equipment?
Check the age and health of your current heating and water-heating equipment - because nobody wants to experience a breakdown in the middle of winter.
Use this chart to see if you should upgrade your water heater, furnace or boiler to a high-efficiency heat pump.
Type of Equipment | Average Effective Unit Life Span (Years) |
---|---|
Water Heater | 10-15 |
Air Conditioner | 15-20 |
Combination Boiler-Furnace | 20 |
Furnace (Gas) | 22 |
Steam Boiler (Steel Fire Tube) | 25 |
Steam Boiler (Cast Iron or Steel Water Tube) | 30 |
Hot Water Boiler | 35 |
How do heat pumps compare to other systems?
Check out the advantages in choosing heat pump technology over other heating and cooling equipment.
Benefits | Heat Pumps | Other Heating and Cooling Equipment* |
---|---|---|
Both Heats and Cools | ||
Year-Round Energy Savings | ||
Saves Space | ||
Reduce Maintenance | ||
Eliminates Fossil Fuel Use and Storage | ||
Reduces Carbon Emissions |
*Boiler, Furnace, Electric Resistance Heater, Central Air Conditioner, Window Air Conditioner
Which heat pump is right for you?
Whether you are looking to install a new an existing HVAC system, or replace an old one, there are several options.
This versatile and eco-friendly heating and cooling system is an excellent choice for new builds and existing homes.
Recommended for households using hot-water, fuel-fired boilers, these systems are a great solution for heating, cooling, and water heating at home.
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* Increased incentive is not available for heat pump water heaters with in-store instant rebates.