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
| Geothermal Heat Pump | |||
| Minimum Efficiency Level |
Rebate for units purchased through June 30, 2017 | ||
| Must be ENERGY STAR qualified (qualified product lists may be found at energystar.gov | $500 | ||
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Sandy Relief:
For those affected by Hurricane Sandy, an additional $200 per unit may be added to the rebate levels shown for purchases made prior to July 31, 2016. This additional incentive will be processed as a separate rebate check from the above noted rebate check. |
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*SEER (Seasonal Energy Efficiency Ratio), EER (Energy Efficiency Ratio), HSPF (Heating Seasonal Performance Factor) **As listed in the CEE-AHRI Online Database, which can be found at ceedirectory.org and energystar.gov |
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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 Forms
- COOLAdvantage Application (July 1, 2016 through June 30, 2017)
- COOLAdvantage Application (through June 30, 2016)
Note: FY2017 SEP funding is currently limited for oil, propane and municipal electric customers who wish to participate in Home Performance with ENERGY STAR, and fully expended for customers wishing to participate in the WARMAdvantage and COOLAdvantage Programs. We will update the website as funding becomes available.
Homes constructed under NJ's Residential New Construction Program are not eligible for the COOLAdvantage Program.
Additional Opportunities to Save
- If you purchase an energy-efficient product for your home, you may also be eligible for a federal tax credit. Please consult your tax professional.
- 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.