Yes, there are rebates available for heat pump installation on Long Island, provided through NYSERDA and PSEG LI. Customers of Soundview HVAC can access these programs with varying incentives, depending on the system type, size, and where it’s installed.
We work with PSEG LI to provide cost-efficient heat pump systems for multi-family units and individual homes. We recently completed a significant multi-family project at Pinewood Estates in Middle Island, NY. Our team installed energy-efficient heat pumps that are easier to maintain while providing the year-round comfort that residents expect.
You can explore potential rebates for your commercial or residential heat pump installation and talk to the team at Soundview to start planning your project today.
Multi-Family Rebate Tiers
PSEG LI offers heat pump rebates for qualified multi-family dwellings. Incentives are typically higher for existing building retrofits than they are for new construction. New York State is aiming to reduce the number of active fossil fuel systems.
Potential rebates for multi-family heat pump installation in Suffolk County:
|
Category |
Market Rate Rebate |
|
Existing: In-Unit Heat Pump |
Up to $4,000 per dwelling. |
|
New Construction: In-Unit |
Up to $500 per dwelling. |
|
Existing: In-Unit Geothermal |
Up to $3,000 per dwelling. |
|
Heat Pump Water Heater |
Up to $1,200 per unit. |
Rebates may vary depending on the location, how the community is classified by the state, and the specific hardware. New construction projects must meet specific efficiency tiers before qualifying for rebates. The installer also matters. Rebates aren’t available for DIY installations.
PSEG LI rebates are limited to 70% of the total project cost, and multi-family projects have a rebate ceiling of $200,000 per building without a grant of special variance.
Due to the complexity of multi-family rebates and the potential for significant savings, it’s crucial that you learn about entitlements specific to your scenario before greenlighting a heat pump installation for a multi-family property that you own or manage.
Soundview HVAC is a participant in the PSEG Long Island Home Comfort Program and the NYS Clean Heat Program. You can explore the most up-to-date commercial rebates for multi-family dwellings through PSEG LI, or contact the team at Soundview directly for a detailed Comfort Consultation.
Homeowner Heat Pump Incentives in Suffolk County
Individual homeowners may also qualify for PSEG LI rebates when upgrading to a heat pump.
Potential rebates for homeowners include:
|
Category |
Market Rate Rebate |
|
Air Source Heat Pump |
Up to $1,000 per ton, capped at $5,000. |
|
Geothermal Heat Pump (Ground Source) |
Up to $2,400 per ton, capped at $12,000. |
|
Heat Pump Water Heater |
Up to $1,200 |
As with commercial projects, homeowner rebates are limited to 70% of the total project cost. There may be an additional decommissioning bonus when fully removing old oil or gas equipment.
- To qualify, the heat pump must be the primary source of heat. Rebates may be reduced if the home retains a backup furnace (including dual-fuel heating systems).
- PSEG LI has strict efficiency requirements, making the choice of HVAC contractor especially important. The contractor must produce a Manual J Calculation. This special load calculation proves that the installed system can provide between 100% and 120% of the home’s heating load at 17°F.
Because Soundview HVAC participates directly with PSEG and NYS incentive programs, we are the best choice for your heat pump installation on Long Island.
The Crucial Question: Are Heat Pumps Also Air Conditioners?
Heat pumps are also air conditioners. When you install a new heat pump, you get an all-in-one heating and cooling solution for your home or multi-family property.
- In heating mode, a heat pump finds heat outside and brings it into the home. Even in freezing air, there is thermal energy. The system soaks up that cold outdoor heat with refrigerant that is colder than the ambient air. The system compresses the heat to make it hotter and then releases it into your home.
- In summer, the process reverses with a special valve. The system uses its refrigerant to find the hot air inside and transfer it outside.
Heat pumps are efficient and are available as ducted and ductless systems. You can easily retrofit a heat pump in your home and eliminate your old air conditioner and furnace for a more streamlined comfort solution.
Your Local HVAC Contractor on Long Island
Soundview HVAC is your local heat pump installer. We’ve served Suffolk County for over 25 years. Talk to us about your comfort needs and let us design a solution that maximizes your incentives while providing efficient heating and cooling to suit Long Island’s ever-changing climate.
Call us at 631-209-1744 for your heat pump installation estimate and free consultation today.
