Heating & Cooling
HEAT PUMPS
What is a heat pump?
Heat pumps, like air conditioners or refrigerators, use electricity to move heat from a cool space to a warm space. Heat pumps can heat, cool, and dehumidify a space, and are much more efficient than electric resistance heat. Most heat pumps to require a backup heat source for the coldest winter days. Check out this video to learn more.
HEAT PUMP USER TIPS
Check out this link for great tips to help improve the efficiency and cost savings from your heat pump: Heat Pump User Tips.
Air-source heat pumps
Cold climate air-source heat pumps utilize heat from the outside air to warm your home, even in the middle of winter. Ducted and ductless systems are available.
Ground-source heat pumps
Also known as geothermal, ground source heat pumps remove heat from underground, and are more efficient than air source heat pumps.
Check out this video to learn more.
incentives
Air-source and ground-source (geothermal) heat pump installations are increasing at a swift rate as they provide heat in winter and cooling in summer, with very low operational costs.
NYSERDA’s NYS Clean Heat program offers significant rebates on heat pump technology through NYSEG and National Grid.
If interested, contact a local heat pump installer. They will be able to give you a quote on the system and help you access the rebates.
There are two significant incentives for air source and geothermal heat pumps. Both NYSEG and National Grid currently offer a rebate of $1,500 per 10,000 BTUH for heat pump technologies. Federal tax credit of 30% is available for geothermal heat pumps, and State tax credit of 25%. A $2,000 federal tax credit is available for air source heat pumps.
natural gas
If you are heating with natural gas you can explore natural gas incentives from National Grid and NYSEG customers.
biomass
High-efficiency biomass heating products qualify for a 30% tax credit – capped at $2,000 annually – and is available for appliances installed between January 1, 2023, and December 31, 2032. The credit can be used on the purchase and installation costs of qualifying appliances. To be eligible for the tax credit, an appliance must have a thermal efficiency of at least 75 percent per the higher heating value (HHV) of the fuel.
Other Incentives
In addition to the incentives described above, there is a Federal Tax Credit for up to $300, which can be used for any of the heating systems described above.