Heat pump rebates range from $450 in Pennsylvania to $11,500 in Rhode Island. This guide covers the exact steps to claim your rebate in each state.
Home Electrification Experts — Full-Service Design to Install, 9 States
NJ Whole Home: Program Overview
NJ Whole Home Energy Solutions rebate up to $7,500 for whole-home conversion. Utility rebates stack on top: PSE&G HVAC Instant Rebates plus up to $25,000 on-bill financing (+$50K additional for full electrification); JCP&L tiered $500/$750/$1,000 by SEER2/HSPF2. Typical stackable rebate ceiling around $8,500–$8,900.
Standard Rebate
$7,500
Income-Eligible
$8,900
Eligibility Requirements
All NJ ratepayers. Whole Home conversion path requires home energy assessment. Utility rebates run in parallel with the state program.
- Must install ENERGY STAR certified cold-climate heat pump equipment
- Installation must be performed by a licensed, program-registered contractor
- Equipment must meet minimum efficiency standards (typically HSPF2 8.1+)
Step-by-Step Claim Process
- Visit njcleanenergy.com to review Whole Home program requirements
- Schedule a home energy audit through your utility (PSE&G, JCP&L, or Atlantic City Electric)
- Obtain bids from participating contractors for whole-home heat pump conversion
- Submit application through NJ Clean Energy website
- Receive approval before beginning installation
- Complete installation and submit proof of completion
- Rebate check mailed within 8-12 weeks
Get a New Jersey Heat Pump Quote
NuWatt handles all NJ Whole Home paperwork. See your net cost after the $7,500 rebate.
Important Dates
NJ Whole Home is part of the 2025–2027 Triennium 2 clean energy plan. Heating equipment rebates moved to utilities as of July 1, 2021.
Typical Costs in New Jersey
| Item | Amount |
|---|---|
| Typical installation cost | $13,000 |
| NJ Whole Home rebate | -$7,500 |
| Net cost after rebate | $5,500 |
| Annual heating savings (vs oil) | $1,550/yr |
| Estimated payback period | 3.5 years |
Heat Pump Rebates in Other States
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Frequently Asked Questions
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Heat Pump Tax Credit Expired: What's Left in 2026
There is no federal tax credit for homeowner heat pump purchases in 2026. Section 25D expired December 31, 2025. State incentive programs remain your primary source of savings.
Can You Stack Federal Heat Pump Credits + Utility Rebates?
In 2026, there is no federal credit to stack. Your savings come from combining state program rebates with utility incentives.
Heat Pump ROI: Cost, Incentives, and Payback by State
Heat pump payback ranges from 2 years in Rhode Island (thanks to $11,500 in rebates) to 8+ years in Pennsylvania. This state-by-state breakdown shows exact costs, incentives, and timelines.