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.
For a status update of processing COOL and WARMAdvantage applications, please visit the HVAC Portal landing page. Please allow up to 120 days to receive your rebate.
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
| Central Air Source Heat Pump | |||
| Minimum Efficiency Levels |
Rebate for units purchased July 1, 2019 through June 30, 2020 | ||
| 16 SEER, 13 EER, 10 HSPF system efficiency |
$600 | ||
| 18 SEER, 13 EER, 10 HSPF system efficiency | $1,000 | ||
| Mini-Split Cold Climate Air Source Heat Pump (CCASHP)*** | |||
| Minimum Efficiency Levels |
Rebate for units purchased July 1, 2019 through June 30, 2020 | ||
| Single ductless indoor unit SEER > 20, EER > 12, & HSPF > 12, COP 1.75 @ 5° F |
$1,000 | ||
| Multi- and ducted indoor units SEER > 18, EER > 12, & HSPF > 10, COP 1.75 @ 5° F |
$2,000 |
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| Air-to-Water Heat Pump with Integrated Domestic Hot Water | |||
| Minimum Efficiency Levels |
Rebate for units purchased July 1, 2019 through June 30, 2020 | ||
| SEER > 18, EER > 12, & HSPF > 10, COP 1.75 @ 5° F | $2,000 | ||
Enhanced Incentives
Please note that all homeowners located in a designated Urban Enterprise Zone (UEZ) may be eligible for an additional $200 incentive per unit for the purchase of qualifying equipment (above). Verification of homes being located in a designated UEZ required.
Also, beginning 1/18/20, low to moderate income (LMI) residents or projects identified as an affordable housing project may be eligible for an incentive of $200 per each eligible measure. Residents may benefit from only one bonus incentive: UEZ, LMI or affordable housing incentive. Apply here for the LMI incentive. Visit the eligible measures document for the affordable housing definition.
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
- For faster processing Apply Online
- COOLAdvantage Application
Note: FY2020 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.