New York headline: HEEHRA up to $8,000 + NYSERDA $1,000-$3,000 + state tax credit 25% (capped $5,000) + utility rebate $500-$2,500. Combined typical $8,000-$13,000.

Active programs

NYSERDA heat pump rebates

NYSERDA’s Clean Heat program covers air-source and ground-source heat pumps statewide.1

EquipmentNYSERDA rebate range
Whole-home cold-climate air-source$1,000-$3,000
Whole-home ground-source (geothermal)$1,500-$5,000
Partial-home or mini-split$500-$1,500

Approved equipment must be on the NYSERDA qualified products list and installed by a NYSERDA-approved contractor.

New York HEEHRA

Administered through NYSERDA.2

Income tierHeat pumpCap
≤80% AMI100%$8,000
80-150% AMI50%$4,000

State tax credit

NY State residents can claim 25% of qualified heat pump installation cost, capped at $5,000 per year, on Form IT-247.3

Utility rebates

UtilityHeat pump rebate
Con Edison$500-$2,500
NYSEG$500-$2,000
National Grid (NY)$500-$2,000
Central Hudson$500-$1,500

Income limits

For a 4-person NYC household, 80% AMI is approximately $115,000. Upstate NY runs lower.

How to apply

  1. Find a NYSERDA-approved contractor.
  2. Pre-apply for HEEHRA if income-eligible.
  3. Install.
  4. Submit NYSERDA rebate within 90 days.
  5. Claim state tax credit on your NY State tax return.

Realistic example

Albany home replacing 25-year-old oil furnace with cold-climate heat pump:

  • Equipment + install: $20,000
  • NYSERDA rebate: $3,000
  • HEEHRA at 80-150% AMI: $4,000
  • NY state tax credit: $5,000 (25% of $20K capped)
  • NYSEG utility rebate: $1,500
  • Net cost: $6,500

What to do next

Use NYSERDA’s contractor finder to identify approved local installers.

For broader context, see the 2026 heat pump rebate guide.

The 30-second summary:
  • NYSERDA + HEEHRA + state tax credit + utility = $8,000-$13,000 typical.
  • State tax credit (25% capped $5,000) is unique to NY among the major states.
  • Stacking is generous; income tier mostly affects HEEHRA.
  • Use NYSERDA-approved contractor for streamlined paperwork.