Heat Pumps
The COOLAdvantage Program provides rebates for qualifying high efficiency cooling equipment and heat pumps. To be eligible, you must purchase, install, and operate a system that meets all applicable efficiency requirements. Call 866-NJSMART or see below for detailed information.
NEW! For faster processing Apply Online
It is highly recommended that customers or contractors submit applications online for quick and easy submissions. The HVAC portal may also be accessed and utilized via Tablet and Smart Phones (Android, iPhone).
Rebate Levels
| Cold Climate Mini-Split Heat Pump*** | |||
| Minimum Efficiency Levels |
Rebate for units purchased July 1, 2017 through June 30, 2018 | ||
| Must be listed on NEEP approved equipment listing |
$500 | ||
| Bonus incentive per indoor unit. If converting from an electric resistance heat and the house does not have natural gas service | $200/indoor unit (maximum 5 indoor unit rebates, max 1 system rebate per home) |
||
| Geothermal Heat Pump | |||
| Minimum Efficiency Level |
Rebate for units purchased through July 31, 2017 | ||
| Must be ENERGY STAR qualified (qualified product lists may be found at energystar.gov | $500 The geothermal heat pump rebate will end on July 31, 2017 |
||
|
*SEER (Seasonal Energy Efficiency Ratio), EER (Energy Efficiency Ratio), HSPF (Heating Seasonal Performance Factor) **As listed in the CEE or AHRI Online Database, which can be found at ceedirectory.org or AHRI.org |
|||
Important:
ACCA Manual J and Manual S outputs are required for heat pump installations to demonstrate that the installed system is sized within 15% variance of requirement and correctly selected for the dwelling. Your contractor will need to provide this information.
Eligible Equipment
Heat pump rebate amounts are based on the unit's SEER, EER and HSPF ratings and documentation that the proper installation requirements have been met. All three rating factors must meet minimum requirements in order to qualify for a rebate (except for geothermal).
Application Form
- COOLAdvantage Application (July 1, 2017 to June 30, 2018)
- COOLAdvantage Application (July 1, 2016 to June 30, 2017)
- For faster processing Apply Online
Note: FY2018 SEP funding is available for oil, propane and municipal electric customers who wish to participate in Home Performance with ENERGY STAR and the WARMAdvantage and COOLAdvantage Programs.
Homes constructed under NJ's Residential New Construction Program are not eligible for the COOLAdvantage Program.
Additional Opportunities to Save
- Consider a home energy assessment from Home Performance with ENERGY STAR to help you save even more and improve the comfort, safety, and durability of your home. Rebates up to $4,000 are available, as well as zero-interest financing!
- Are you wondering what other rebates might be available? Visit our Rebates and Promotions page.
Questions?
Contact us at 866-NJSMART or submit your question online. Allow up to 120 days to receive a rebate.