Businesses In New York State can take advantage of incentives to help offset costs associated with installing clean heating and cooling technologies. This can include heat pumps and energy-efficient HVAC units. Below is a list of heating, cooling, and ventilation incentives for New York. If you do not find a program related to your energy upgrade, contact us to review your options. Energy providers are also offering custom energy efficiency incentives and programs to qualifying customers.
Here’s a look at some of the programs and incentives available in New York State.
With the differences between states, if you have a national or multi-regional footprint, understanding the differences between state programs is key. Check out our blog feed for more state-by-state incentive and rebate programs.
New York State Programs and Incentives
Flexible Technical Assistance (FlexTech) Program
Provides financial assistance towards the completion of energy studies designed to identify and evaluate opportunities for energy reduction costs and to incorporate clean energy into the facility. The study can determine whether upgrading to energy-efficient heating and cooling equipment is the right solution for your business.
Federal Programs and Incentives
Inflation Reduction Act (IRA)
Businesses can take advantage of heating incentives for New York through IRA tax credits when they make energy-efficient investments in retrofits or construction projects. This also includes cooling incentives for New York. The incentives often apply to HVAC upgrades.
Central Hudson Programs & Incentives
Commercial HVAC Prescriptive Rebates
A Central Hudson Trade Ally provides businesses with professional and technical support to identify and install a high-efficiency furnace or boiler for your business.
Con Edison Programs and Incentives
Rebates are available for businesses installing energy-efficient HVAC equipment, such as heat pumps, natural gas hot water boilers, natural gas furnaces, heating, and hot water controls, and more. Along with offering heating and cooling rebates, the program may also offer ventilation incentives for New York businesses.
Con Edison Savings for Multifamily Buildings
MUDs can take advantage of equipment rebates that include HVAC, lighting and controls, weatherization, energy management systems, and low flow measures. Additional incentives are available for income-eligible buildings.
National Grid Programs & Incentives
Custom Energy Efficiency Programs (New York City and Long Island)
Incentives and support for energy efficiency upgrades in existing buildings (including efficiency improvements in existing heating units).
High-Efficiency Natural Gas Heating Incentives for Commercial Buildings (Upstate New York)
Offering heating incentives for New York businesses that upgrade to high-efficiency natural gas heating equipment, such as furnaces, boiler reset controls, steam traps, and more.
Multifamily Program (Brooklyn, Queens, Staten Island)
National Grid provides support for prescriptive incentive measures, custom incentive measures, direct install measures, and a one-pipe steam system retrofitting program for Downstate multifamily customers.
Multifamily Program (Long Island and Far Rockaway Peninsula)
The National Grid is providing support for prescriptive incentive measures, custom incentive measures, direct install measures, and a one-pipe steam system retrofitting program for Downstate multifamily customers.
Heat Pumps (Upstate New York)
Financial incentives in the form of rebates for installing qualified geothermal or air-source heat pumps and heat pump water heaters.
NYSEG Programs & Incentives
Commercial and Industrial Rebates (HVAC and Plumbing)
Financial incentives including rebates for installing high-efficiency boilers, furnaces, unit heaters, controls and thermostats, steam traps, demand control ventilation, and more.
Multifamily Energy Efficiency Programs
Rebates for equipment replacement that reduces electricity and/or natural gas usage in multiunit complexes. The rebates can also apply for lighting upgrades, water-saving measures, occupancy controls, and pipe insulation.
Orange & Rockland Programs & Incentives
Commercial and Industrial HVAC Prescriptive Rebates
Rebates include cooling incentives for New York for upgrading to high-efficiency air conditioners and heat pumps.
PSEG Long Island Programs & Incentives
Rebates for upgrading to energy-efficient HVAC equipment, such as room air cleaners, air conditioners, heat pumps, and more. This can also include ventilation incentives for New York.
RG&E Programs & Incentives
Commercial and Industrial Rebates (HVAC and Plumbing)
Rebates for installing high-efficiency boilers, furnaces, unit heaters, controls and thermostats, steam traps, demand control ventilation, and more.
Multifamily Energy Efficiency Program
Equipment replacement and rebates designed to reduce electricity and/or natural gas use in apartment and condominium complexes, including lighting upgrades, water-saving measures, occupancy controls, and pipe insulation.
New York Commercial Rebate Recover from Incentive Reate360
This is a look at some of the available heating, cooling, and ventilation incentives for New York. If you have questions, need assistance with the application process, or can’t find a rebate program that fits your project, contact us today to learn how we can help.