Save energy at home by making the switch to high-efficiency heating and cooling equipment. Enjoy instant rebates and long-term savings. Heating and cooling can account for nearly half the energy you use at home. If your HVAC equipment is more than 10 years old, replacing it with ENERGY STAR® certified models could reduce your annual energy costs by 10%–30%.* Through our residential HVAC Instant Rebate Program, you can get access to instant rebates up to $900 on dozens of products when you work with a PSE&G participating contractor. It’s more affordable than ever to make the switch to a more energy-efficient system. Better yet, you may be eligible for up to $15,000 in no-interest on-bill repayment to help defer the cost of your energy efficiency upgrades. How You Can Participate To get started, contact a PSE&G participating contractor who can help guide you through the process, install your equipment, and provide you with an instant rebate once the installation of your new high-efficiency unit(s) is complete. (opens in a new tab)Find a Participating Contractor What You Can Expect Your selected participating contractor will contact you to confirm your account eligibility and will provide information about PSE&G’s convenient on-bill repayment option, as well as additional incentives for Low- to Moderate-Income (LMI) customers. On your scheduled appointment day, your contractor will install your high-efficiency HVAC heating, cooling, or water heater equipment; note your PSE&G instant rebate on your invoice; and ask you to sign a customer acknowledgment form upon completion. Eligible Measures and Incentives Residential HVAC and Water Heater Products - Electric Measure Description Minimum Efficiency Requirements Instant Rebate Amount Central Air Conditioning – Tier 1 SEER ≥ 16, EER ≥ 12.5 $210 Central Air Conditioning – Tier 2 SEER ≥ 18, EER ≥ 13 $300 Air-Source Heat Pump – Tier 1 SEER ≥ 16, EER ≥ 12.5, HSPF ≥ 9 $360 Air-Source Heat Pump – Tier 2 SEER ≥ 18, EER ≥ 13, HSPF ≥ 10 $600 Air-Source Heat Pump – Cold Climate – Tier 1 SEER ≥ 16, EER ≥ 12.5, HSPF ≥ 9, and COP ≥ 1.75 at 5°F $600 Air Source Heat Pump – Cold Climate – Tier 2 SEER ≥ 18, EER ≥ 13, HSPF ≥ 10, and COP ≥ 1.75 at 5°F $600 Ductless Mini-Split Heat Pump Single: SEER ≥ 20, EER ≥ 12.5, HSPF ≥ 10 Multi: SEER ≥ 18, EER ≥ 12.5, HSPF ≥ 10 $240 Ductless Mini-Split Air Conditioning SEER ≥ 20, EER ≥ 12.5, HSPF ≥ 12 $300 Heat Pump Water Heater ENERGY STAR Certified $600 Furnace Fan ECM Motor Install – Retrofit Only $60 Smart Thermostat ENERGY STAR Certified. New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install. $60 Residential HVAC and Water Heater Products - Gas Measure Description Minimum Efficiency Requirements Instant Rebate Amount Reset Controls for Boiler Attached to Qualifying Boiler $120 Gas Boiler – Tier 1 AFUE 90–94.99% $450 Gas Boiler – Tier 2 AFUE ≥ 95% $510 Gas Furnace – Tier 1 AFUE 95–96.9% $390 Gas Furnace – Tier 2 AFUE ≥ 97% $450 Gas Combi Heat – Tier 1 AFUE ≥ 95% $780 Gas Combi Heat – Tier 2 AFUE ≥ 97% $900 Gas Storage Tank Water Heater – Tier 1 Power Vented < 55 Gallons, UEF ≥ 0.64 Medium Draw Pattern: High Draw Pattern UEF ≥ 0.68 $150 Gas Storage Tank Water Heater – Tier 2 Power Vented ≥ 55 Gallons, UEF ≥ 0.78 Medium Draw Pattern: High Draw Pattern UEF ≥ 0.80 $270 Tankless Water Heater UEF ≥ 0.87 $300 Indirect Fired Storage Tank Water Heater Paired With a Qualifying Gas Boiler $150 Qualifying Gas Heater With Qualifying Gas Water Heater – Tier 1 < 55 Gallons and UEF ≥ 0.64 Medium Draw Pattern; UEF ≥ 0.68 High Draw Pattern or High Capacity $660 Qualifying Gas Heater With Qualifying Gas Water Heater – Tier 2 ≥ 55 Gallons and UEF ≥ 0.78 Medium Draw Pattern, UEF ≥ 0.80 High Draw Pattern or High Capacity $780 Smart Thermostat ENERGY STAR Certified. New installation or replacement of a manual or conventional programmable thermostat, as part of an HVAC install. $60 Enhanced Low to Moderate Income (LMI) Incentives Residents with low to moderate income residents may be eligible for an additional incentive of $200 per eligible measure. Eligibility for this incentive will be restricted to customers in one of the following groups: Customers that reside in a low- or moderate-income census tract area Customers that currently participate in one of the following safety net programs: General Assistance (GA) Lifeline Low Income Home Energy Assistance Program (LIHEAP) New Jersey SHARES (NJ SHARES) Payment Assistance for Gas and Electric (PAGE) Pharmaceutical Assistance to the Aged and Disabled (PAAD) Section 8 Housing Assistance Supplemental Nutrition Assistance Program (SNAP) Supplemental Security Income (SSI) Temporary Assistance to Needy Families (TANF) Universal Service Fund (USF) Customers whose income is at or below 250% (Low Income), or up to 400% of the Federal Poverty Guidelines (Moderate Income) (opens in a new tab)Find a Participating Contractor If you have questions about PSE&G's residential HVAC Instant Rebate Program or about finding a participating contractor, contact us at 1-855-846-2895. Looking to Become a HVAC PSE&G Participating Contractor? Complete our contractor application portal to apply to become a PSE&G participating contractor. Contact us at 1-855-846-2895 if you have any questions. We look forward to working with you! Already a HVAC PSE&G Participating Contractor? Visit our Online Rebate Application System to reserve eligible equipment and complete customer rebate applications. * energystar.gov/campaign/heating_cooling