.svg)
.svg)
If you’re looking to upgrade your home’s HVAC system, NYSEG’s new heat pump incentives could be the perfect opportunity to save on the cost of your new system and on your monthly power bill. NYSEG’s rebates offer a variety of options as far as the type of system and the level to which you plan to decommission your current fossil fuel system. In this article we’ll guide you through the eligibility criteria, the types of rebates available, and how to get your upgrade process started.
At a glance:
- NYSEG is rolling out new heat pump rebate incentives for their electric and combination electric/natural gas customers.
- Mini-splits, ground-source heat pumps, and air-to-water heat pumps are all eligible.
- You can earn between $800 and $1,500 in rebates just by switching to a heat pump, plus other credits and incentives that the experts at Tetra can help you find.
If you’re looking to upgrade your home’s HVAC system, NYSEG’s new heat pump incentives could be the perfect opportunity to save on the cost of your new system and on your monthly power bill. NYSEG’s rebates offer a variety of options as far as the type of system and the level to which you plan to decommission your current fossil fuel system. In this article we’ll guide you through the eligibility criteria, the types of rebates available, and how to get your upgrade process started.
Let’s get into the details:
Who is eligible: All NYSEG/RG&E electric customers or combination natural gas and electric customers who replace their existing furnace, boiler, or water heat with an eligible heat pump. Natural gas only customers are not eligible at this time.
What kinds of heat pumps are eligible for rebates?: Everything from mini-split heat pumps, to air-to-water heat pumps, to ground-source heat pumps. For the complete list of eligible heat pumps, check out this resource.
Rebate amounts based on BTUs
Part of your rebate depends on the BTUs that your system generates. NYSEG offers $1,200 for every 10k of BTUs. A typical heat pump through Tetra generates between 45k to 55k BTUs, which comes out to around $5,400 to $6,600 in rebates. That’s in addition to the rebate amounts that you will save on the purchase of your system.
{{banner-blog-rebates}}
Additional rebates on system purchases:
Mini-split heat pump rebates:
NYSEG offers between $800 and $1,200 in rebates for mini-split heat pumps, depending on whether or not you decommission your current fossil fuel system.
If you disable or remove your system: you can get up to $1,200 in rebates. Retrofit projects are eligible. New construction and gut rehabs are not at this time.
If you keep your current system as backup: you can get $800 in rebates.
Air-to-Water Heat Pump rebates:
You can earn a rebate of $800 with an air-to water heat pump.
Eligibility requirements:
To be eligible for this rebate, your heat pump must be on the NYS Clean Heat list and meet 100% of BHL design conditions. Retrofit projects, new construction, and gut rehabs are all eligible.
Ground-Source Heat Pump rebates:
You can earn the highest rebate of $1,500 for a Ground-Source heat pump.
Eligibility requirements:
To earn this rebate, your heat pump must meet or exceed the ENERGY STAR Geothermal heat pump specifications among a few other details. You can find the full list of requirements here.
How to get started
All you have to do is contact a participating contractor and they can help you choose the best system for your home and lead the installation project. Luckily, Tetra is one of those participating contractors and has plenty of experts waiting to help you kick off your project.
Schedule your free consultation today to get a free virtual estimate and all the advice you need.
.jpg)
.jpg)