0% interest for 84 months on qualifying heating systems*
REBATES & INCENTIVES
NEW JERSEYFederal Incentives
Inflation Reduction Act - 25CAir Source Heat Pump
Spit-Ducted and Non-Ducted30%
of your total project costs, up to $2,000
- Ducted: Heat pumps designated as ENERGY STAR Cold Climate that have an EER2 > 10
- Ductless: ENERGY STAR Cold Climate heat pumps with SEER2 > 16 EER2 > 9 HSPF2 > 9.5
Central Air Conditioners
30%
of your total project costs, up to $600
For split systems, ENERGY STAR certified equipment with SEER2 > 16 is eligible. All ENERGY STAR certified packaged systems are eligible.
Heat Pump Water Heater
30%
of your total project costs, up to $2,000
Heat pump water heaters that have earned the ENERGY STAR are eligible for this credit.
Electrical Panel Upgrade
Tax Credit30%
of your total project costs, up to $600
Any improvement to, or replacement of, a panelboard, sub-panelboard, branch circuits, or feeders which:
- is installed in a manner consistent with the National Electric Code,
- has a load capacity of not less than 200 amps,
- is installed in conjunction with, and enables the installation & use of:
- any qualified energy efficiency improvements, OR
- any qualified energy property (heat pump water heater, heat pump, central air conditioner, water heater, furnace or hot water boiler, biomass stove or boiler)
Home Energy Audit
Tax Credit30%
of your total project costs, up to $150
A home energy audit means an inspection and written report with respect to a principal residence which:
- identifies the most significant and cost-effective energy efficiency improvements with respect to the residence, including an estimate of the energy and cost savings with respect to each such improvement, and
- is conducted and prepared by a certified home energy auditor
Elizabethtown Gas
Smart Thermostat
ENERGY STAR® Certified$100
As part of an eligible HVAC install. New installation or replacement of a manual or conventional programmable thermostat with an ENERGY STAR certified thermostat.
PSE&G
SEER
ENERGY STAR Residential HVAC & Water Heater Equipment - ElectricAir-Source Heat Pump
Cold Climate - Tier 1$600
SEER > 16, EER > 12.5, HSPF > 9, and COP > 1.75 at 5F
Air-Source Heat Pump
Cold Climate - Tier 2$600
SEER > 18, EER > 13, HSPF > 10, and COP > 1.75 at 5F
Ductless Mini-Split
Heat Pump$240
Single: SEER > 20, EER > 12.5, HSPF >10
Multi: SEER > 18, EER > 12.5, HSPF > 10
Ductless Mini-Split
Air Conditioning$300
Single: SEER > 20, EER > 12.5, HSPF >10
Multi: SEER > 18, EER > 12.5, HSPF > 10
Heat Pump Water Heater
ENERGY STAR® Certified$600
Smart Thermostat
ENERGY STAR® Certified$60
New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install.
SEER 2
ENERGY STAR Residential HVAC & Water Heater Equipment - ElectricCentral Air Conditioning
Split System - Tier 1$210
SEER2 > 15.2, EER2 > 12
Central Air Conditioning
Split System - Tier 2$300
SEER2 > 16, EER2 > 12
Central Air Conditioning
Single Package - Tier 1$210
SEER2 > 15.2, EER2 > 11.5
Central Air Conditioning
Single Package - Tier 2$300
SEER2 > 15.2, EER2 > 12
Air-Source Heat Pump
Split System - Tier 1$450
SEER2 > 15.2, EER2 > 11.7, HSPF2 > 7.8
Air-Source Heat Pump
Split System - Tier 2$600
SEER2 > 17.1, EER2 > 11.7, HSPF2 > 7.8
Air-Source Heat Pump
Single Package - Tier 1$450
SEER2 > 15.2, EER2 > 10.6, HSPF2 > 7.2
Air-Source Heat Pump
Single Package - Tier 2$600
SEER2 > 17.1, EER2 > 10.6, HSPF2 > 7.2
Air-Source Heat Pump
Cold Climate‚ Ducted$600
SEER2 > 15.2, EER2 > 10, HSPF2 > 8.1, COP > 1.75 at 5F and provide 70% capacity maintenance at5F
Ductless Mini-Split
Heat Pump$240
Single: SEER2 > 20, EER > 12, HSPF2 > 9
Multi: SEER2 > 18, EER > 12, HSPF2 > 9
Ductless Mini-Split
Air Conditioning$300
SEER2 > 20, EER > 12.5
Heat Pump Water Heater
ENERGY STAR® Certified$600
Smart Thermostat
ENERGY STAR® Certified$60
New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install.
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