Rebates & Savings
Save Thousands on a New Heat Pump
Suffolk County homeowners can combine multiple rebates and tax credits to dramatically reduce the cost of a heat pump installation. We know every program and handle all the paperwork.
$10,000+
In potential combined savings
By stacking PSEG Long Island rebates, federal IRA tax credits, NYSERDA incentives, and the Home Comfort Plus program, many Suffolk County homeowners save $7,000–$10,000+ on a heat pump installation. Some income-qualified homeowners pay nothing at all. Read our complete heat pump guide to learn more about costs, brands, and installation.
Available Programs
Rebates & Tax Credits You Can Stack
These programs can be combined for maximum savings. We'll identify every program you qualify for and handle all the applications.
PSEG Long Island Rebates
PSEG offers substantial rebates for qualifying heat pump installations. The exact amount depends on your system type, efficiency rating, and whether you're converting from oil. Oil-to-electric conversions receive the highest rebates.
- ✓Ductless mini split heat pumps
- ✓Ducted heat pump systems
- ✓Higher rebates for oil-to-electric conversions
- ✓Must use a participating contractor (we are one)
Federal IRA Tax Credit
The Inflation Reduction Act provides a federal tax credit of up to $2,000 for qualifying heat pump installations. This is a direct credit on your tax return — not just a deduction.
- ✓Up to 30% of installation costs
- ✓Maximum $2,000 per year
- ✓Available through 2032
- ✓Applies to both ductless and ducted heat pumps
NYSERDA Incentives
The New York State Energy Research and Development Authority offers additional incentives for energy-efficient home improvements, including heat pump installations.
- ✓EmPower+ program for income-eligible households
- ✓Comfort Home program incentives
- ✓Can be stacked with PSEG and federal credits
- ✓Free energy assessments available
PSEG Home Comfort Plus
Income-qualified Long Island homeowners may be eligible for the PSEG Home Comfort Plus program, which can cover up to 100% of the cost of a heat pump installation — meaning you pay nothing out of pocket.
- ✓Income-qualified households
- ✓Can cover full installation cost
- ✓Includes weatherization improvements
- ✓No upfront cost for qualifying homeowners
Example Savings
What Your Savings Could Look Like
Here's a real example of how rebates stack for a typical Long Island heat pump installation.
Savings vary by system size, efficiency, and eligibility. Income-qualified homeowners may pay even less or nothing at all.
Hassle-Free Process
We Handle All the Paperwork
Rebate applications can be confusing and time-consuming. As a PSEG and NYSERDA participating contractor, we know the programs inside and out. We file every application, track every deadline, and make sure you get every dollar you're owed.
Free Consultation
We assess your home and identify every rebate and tax credit you qualify for.
We File Everything
PSEG applications, NYSERDA paperwork, federal tax credit documentation — we handle it all.
You Save
Rebates are applied to your invoice or sent directly to you. We track everything to completion.
Common Questions
Rebates & Savings FAQ
The Inflation Reduction Act's 25C tax credit offers up to $2,000 for qualifying heat pump installations in 2026. This is a direct tax credit, not a deduction, so it reduces your tax bill dollar for dollar. The system must meet specific efficiency requirements (CEE Tier 1 or higher). All heat pump brands we install qualify.
You must be a PSEG Long Island electric customer and install a qualifying heat pump system through a participating contractor. The equipment must meet minimum efficiency ratings set by PSEG. We are a PSEG participating contractor and handle the entire rebate application process. Rebate amounts range from $500 to $5,000+ depending on system type and whether you are converting from oil.
PSEG Long Island offers standard heat pump rebates for all customers and the Home Comfort Plus program for income-qualified households. Home Comfort Plus can cover up to 100% of installation costs for eligible homeowners, including insulation and weatherization. We check your eligibility during the estimate visit and help you apply for every program you qualify for.
Yes. Federal tax credits, PSEG rebates, and NYSERDA incentives can all be combined on the same project. This is one of the biggest advantages of installing a heat pump right now. A typical Long Island homeowner stacking all available incentives saves $7,000-$10,000 or more. We build your personalized savings breakdown into every proposal.
Most Long Island homeowners save $5,000-$10,000 by combining all available incentives. A common example: $3,000 PSEG rebate + $2,000 federal tax credit + $1,000 NYSERDA incentive = $6,000 in savings on a system that costs $15,000 installed. Oil-to-electric conversions and income-qualified households often save even more.
Yes. We complete and submit all PSEG and NYSERDA rebate applications on your behalf at no extra charge. For federal tax credits, we provide the manufacturer certifications and documentation you need to claim the credit on your tax return. Our goal is to make sure you receive every dollar you are entitled to without the hassle.
It depends on the program. PSEG rebates are typically applied after installation, so you pay the full amount and receive the rebate within 4-8 weeks. Federal tax credits are claimed when you file your taxes. However, we offer financing options that let you spread payments over time while you wait for your rebates and credits to arrive.
Ready to Get Comfortable?
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