Rebates by state / New York / Con Edison

Con Edison Heat Pump Rebate 2026: $7,000 to $11,000 by Tier, Geothermal to $40,000, All Rebates

By , editor. Every figure on this page was checked against the official source on the date shown.

The Con Edison heat pump rebate in 2026 is $7,000 for a single-family home that removes its old heating system and installs air-source heat pumps (ducted, mini split or air-to-water) through a participating contractor, $10,000 if the home is insulated and air-sealed (the Weatherized Tier), and $8,000 or $11,000 in a Disadvantaged Community; apartments get $3,500 to $5,500. Keeping the old boiler pays $2,500. Geothermal pays $25,000 to $40,000, a heat pump water heater $1,500 through November 30, 2026, a thermostat $85. The Weather Ready insulation program is closed until 2027, although Con Edison’s own hub still advertises it. Seven Con Edison pages read in full on October 5, 2026.

Every figure on this page comes from Con Edison — Save Thousands Off an Air-Source Heat Pump (Clean Heat, renters and homeowners) and the sources listed below, each dated; this page was last updated on October 5, 2026. Service area: The Bronx, Brooklyn, Manhattan, Queens, Staten Island and most of Westchester County, New York (Con Edison electric and gas customers). Program window: No program year published; heat pump incentives are deducted from the participating contractor’s invoice and are subject to program rules and available funding; the $1,500 water heater coupon applies to purchases September 1–November 30, 2026; Weather Ready is closed until 2027.

On this page: Rebate table · $7,000, $10,000 or $11,000 · Still available in 2026? What Con Edison pays, what is closed, and what we have not read · Keeping the old boiler · Weather Ready is closed, the hub still advertises $4,000, and that changes the weatherized tier math · Geothermal · Water heater $1,500 through November 30, thermostat $85, and two things the hub does not show · Energy Exchange · How to get it · How to apply · Deadlines · FAQ

Con Edison rebates at a glance

MeasureHome and current heatingStandard rebateIncome-qualified / note
Air-source heat pump, full replacement (old heating system removed or disabled) — single-family home Con Edison electric customer in a single-family home; participating contractor; home must be “service adequate”; incentives capped at 70% of project cost $7,000 standard; $10,000 Weatherized Tier Disadvantaged Community: $8,000 standard, $11,000 Weatherized Tier; cap 85% of cost
Air-source heat pump, full replacement — apartment (2–4 family building or individual unit in a 5+ building) Same rules; owners of individual apartments in buildings of five or more units qualify here, whole buildings go through the multifamily program $3,500 standard; $5,000 Weatherized Tier Disadvantaged Community: $4,000 standard, $5,500 Weatherized Tier
Air-source heat pump alongside the old system, with integrated controls (Option 2) Same; existing fossil-fuel or electric heating kept; standard rate only $2,500 single-family; $1,000 apartment Disadvantaged Community: $4,500 single-family, $2,000 apartment
Decommissioning the old fossil-fuel system after an earlier partial heat pump incentive Customers who already received a partial (Option 2) incentive and now remove or disable the old system Up to $4,000 single-family; up to $1,500 apartment Same amounts
Geothermal (ground-source) heat pump, retrofit, whole building Con Edison customer; participating geothermal contractor; cap 70% of project cost $25,000 standard; $30,000 Weatherized Tier Disadvantaged Community: $35,000 standard, $40,000 Weatherized Tier; cap 85%
Geothermal heat pump, new construction, whole building New construction is treated as Weatherized Tier automatically $15,000 Disadvantaged Community: $20,000
Heat pump water heater (ENERGY STAR, under 120 gallons), instant coupon Con Edison electric customer; coupon from VerifyConEdRebates.com at a participating Lowe’s or Home Depot, or the contractor buys from a participating distributor; no reimbursement after purchase $1,500 on purchases Sept. 1–Nov. 30, 2026 $1,300 outside that window (same coupon channels)
Smart thermostat enrolment (Honeywell, Sensi, Alarm.com or Amazon models on Con Edison’s list) Central air conditioning required; not enrolled in Smart Usage Rewards; Con Edison adjusts the thermostat during summer peak events; up to 12 devices $85 per thermostat, check in 6–8 weeks $25 per year from the third year if you stay in at least half of event hours
Energy Exchange: gas stove, dryer and water heater replaced with electric, plus panel upgrade and removal of gas equipment Only customers on a gas service line Con Edison has scheduled for replacement; Staten Island and Brooklyn gas customers excluded; gas heating customers must also convert heating and disconnect from gas Up to $10,000 single-family; up to $15,000 for 2+ units Disadvantaged Community: up to $15,000 single-family, up to $20,000 for 2+ units
Weather Ready: insulation and air sealing (program closed) Single-family and 2–4 family homes heating with Con Edison gas or electricity, or delivered fuel with Con Edison cooling — when the program was open Closed: “no longer accepting applications”; was up to $2,000–$4,000 (50% of cost) Con Edison points Westchester homes to NYSERDA’s Comfort Home Program and promises 2027 incentives

Official page: Con Edison — Save Thousands Off an Air-Source Heat Pump (Clean Heat, renters and homeowners) · Application: No customer form for heat pumps: a Con Edison participating contractor (list run by ICF) quotes, installs and deducts the incentive; water heater coupon at VerifyConEdRebates.com; thermostat enrolment through the manufacturer’s portal · 1-800-752-6633 (Con Edison) · info@conedisonresidential.com

$7,000, $10,000 or $11,000: the three numbers Con Edison actually pays for an air-source heat pump

Con Edison’s air-source heat pump page, read in full on October 5, 2026, no longer has one headline amount. Option 1 — remove or disable the old heating system and replace it with air-source heat pumps — pays a single-family home $7,000 at the standard rate or $10,000 at the Weatherized Tier rate, for homes an approved contractor confirms are properly insulated and air-sealed. In a state-designated Disadvantaged Community the same two tiers pay $8,000 and $11,000. Apartments (two- to four-family buildings, or an individually owned unit in a larger building) pay $3,500 and $5,000, or $4,000 and $5,500 in a Disadvantaged Community. Every amount is capped at 70% of project cost, 85% in a Disadvantaged Community. The page’s own meta description and the hub above it still say “up to $10,000”; the heading on the page says $11,000. Both are Con Edison; we publish the table, which is the one the contractor is paid from.

Still available in 2026? What Con Edison pays, what is closed, and what we have not read

Yes: the heat pump, geothermal, water heater, thermostat and Energy Exchange incentives on this page were all open on Con Edison’s pages on October 5, 2026, with no end date other than the November 30 water heater window. What is not available is the federal money: the 25C and 25D tax credits ended for equipment placed in service after December 31, 2025, so a 2026 Con Edison project has no federal credit beside it, whatever an older guide says. What is closed on Con Edison’s side is Weather Ready, the insulation and air-sealing program (next section). What this page does not cover, because we have not read those pages yet: Con Edison’s air conditioner and Marketplace offers, electric vehicle charger rewards, and the multifamily program for buildings of five or more apartments. They exist; we will add them when we have read them in full. Ductless mini splits do qualify — Con Edison lists them as one of the three air-source types, alongside central ducted and air-to-water systems.

Keeping the old boiler: $2,500 with integrated controls, and $4,000 later to remove it

Option 2 is for homes that install air-source heat pumps alongside the existing heating system, with integrated controls that let the heat pump carry the load and the old system step in only when needed. It pays $2,500 for a single-family home and $1,000 for an apartment at the standard rate, or $4,500 and $2,000 in a Disadvantaged Community; there is no Weatherized Tier for Option 2. The page then adds a second step most guides miss: a customer who previously received an incentive for a partial installation can come back for up to $4,000 (single-family) or $1,500 (apartment) when the old fossil-fuel heating system is finally removed or disabled. Added up, a home that starts with Option 2 can reach the Option 1 money in two stages. All of it runs through a participating contractor who quotes the work, estimates Con Edison’s share, and subtracts it from the invoice; the page says plainly, “No waiting for rebates.”

Weather Ready is closed, the hub still advertises $4,000, and that changes the weatherized tier math

Con Edison’s residential hub, read the same day, still carries a tile that says “Get up to $4,000 to Make Your Home Weather Ready.” The program page it links to opens with a different sentence: the Weather Ready program is no longer accepting applications; Westchester customers are sent to NYSERDA’s Comfort Home Program, and Con Edison says to stay tuned for residential weatherization incentives in 2027. The old tables are still on the page — $2,000 to $3,500 for gas, oil and electric-resistance homes, $1,000 to $1,750 for homes already on a heat pump, 50% of cost, more in a Disadvantaged Community — but they describe money you can no longer apply for. This matters for the heat pump incentive: the Weatherized Tier is worth $3,000 more on a single-family air-source project, and the Con Edison program that used to pay for the insulation to get there is gone for now. Ask the heat pump contractor how your home qualifies before you count on $10,000.

Geothermal: $25,000 to $40,000 for a whole building, $15,000 to $20,000 for new construction

The geothermal page pays the largest residential incentives Con Edison publishes. A retrofit of a whole building gets $25,000 at the standard rate or $30,000 at the Weatherized Tier; in a Disadvantaged Community those become $35,000 and $40,000. New construction is treated as Weatherized Tier automatically and pays $15,000, or $20,000 in a Disadvantaged Community. The hub page above it says “up to $35,000”; the geothermal page itself says “up to $40,000” — the second contradiction between a Con Edison hub and the page it points to that we found on October 5. The 70% / 85% caps apply here too, every customer must use an approved contractor and be deemed service adequate, and the page lists its participating geothermal contractors by borough and for Westchester. As with air-source, the incentive is subtracted from the final invoice. The multifamily program for buildings of five or more apartments has its own page and amounts, which we have not read.

Water heater $1,500 through November 30, thermostat $85, and two things the hub does not show

The heat pump water heater coupon is Con Edison’s one incentive with a date: $1,500 instant on an ENERGY STAR unit under 120 gallons bought between September 1 and November 30, 2026, $1,300 before or after, at a participating Lowe’s or Home Depot with a code from VerifyConEdRebates.com, or through a contractor’s distributor; nothing is reimbursed after the purchase, and search engines still cache the page at $1,000. Our water heater guide compares it with BGE, PSE and NorthWestern. The smart thermostat program pays $85 per enrolled Honeywell, Sensi, Alarm.com or Amazon thermostat (up to 12), by check in six to eight weeks, if you have central air conditioning and let Con Edison adjust it during weekday peak events from May to September; from the third year it adds $25 a year for staying in half the event hours. It cannot be combined with Smart Usage Rewards.

Energy Exchange: up to $20,000 to leave gas, but only on a service line Con Edison plans to replace

The Energy Exchange program pays up to $10,000 for a single-family home and $15,000 for a building of two or more units — $15,000 and $20,000 in a Disadvantaged Community — to replace a gas stove, clothes dryer and water heater with electric equipment, including an electrical panel upgrade if needed and the removal of the old gas equipment and piping. The catch is the eligibility test: only customers connected to a gas service line that Con Edison has scheduled for replacement in the coming years qualify, and gas customers on Staten Island and in Brooklyn are excluded outright. If you heat with gas you must also convert the heating and fully disconnect from the gas system to receive the money, which Con Edison routes through the Clean Heat heat pump incentives above. The page asks for an interest form first; Con Edison confirms eligibility, assigns an account manager and a free assessment, and a participating contractor does the work.

How to get it: the ICF contractor list, the service review, and who is left out

Every Clean Heat incentive on these pages goes through a participating contractor from Con Edison’s list, hosted for Con Edison by ICF at coned-findacontractor.icfsightline.com; a contractor you already use can apply through the statewide NYS Clean Heat site. The contractor visits, quotes, estimates Con Edison’s share, installs, and takes the incentive off the final invoice, so there is no customer application and no waiting. Two checks come before any of that: the home must be deemed “service adequate” under Con Edison’s electric service review for heat pumps, and your address decides whether the Disadvantaged Community amounts apply, which you can look up on NYSERDA’s map. Who is not here: whole multifamily buildings of five or more apartments (a separate Con Edison program we have not read) and Long Island, which is PSEG Long Island territory; the water heater coupon does list two Long Island stores near the Queens line. Con Edison also suggests its Steady Use Rate, which it says saves heat pump users an average of 10%.

How to apply, step by step

  1. Find out whether your address is in a state-designated Disadvantaged Community on NYSERDA’s map: it changes every amount on this page.
  2. Pick a participating contractor from coned-findacontractor.icfsightline.com (air-source) or the geothermal page’s list; a contractor outside the list cannot deliver the incentive.
  3. Ask the contractor for the electric service review (“service adequate”) and whether your home meets the Weatherized Tier standard; if not, ask what insulation work would qualify it, since Weather Ready is closed.
  4. Decide between Option 1 (old system removed or disabled, $7,000–$11,000) and Option 2 (kept with integrated controls, $2,500–$4,500), and get both on the written quote with Con Edison’s share shown.
  5. For a heat pump water heater, get the coupon code at VerifyConEdRebates.com before the purchase and keep a receipt dated by November 30, 2026 for the $1,500 amount.
  6. For the $85 thermostat, enrol through the manufacturer portal linked from Con Edison’s page; for Energy Exchange, submit the interest form and wait for Con Edison to confirm your service line qualifies.

Deadlines for Con Edison

What others get wrong about Con Edison

Sources and method

Each source below carries the date it was read in full, the latest on October 5, 2026; the amounts on this page are the utility’s own unless marked reported, in which case they come from the utility’s participating contractors and are flagged for confirmation. The official page is re-read automatically every day; a change reaches this page, the New York page, the deadlines and the news feed together, after it is read again by hand. Data for this page are in utilities.json (CC BY 4.0).

Frequently asked questions

Is the Con Edison heat pump rebate still available in 2026?
Yes. On October 5, 2026 Con Edison’s pages offered $7,000 to $11,000 for a single-family air-source heat pump, $25,000 to $40,000 for geothermal and $1,500 on a heat pump water heater, with no end date published except the November 30 water heater window. The federal 25C and 25D credits are not available for 2026 installations.
Is there a rebate for Con Edison mini splits in 2026?
Yes. Con Edison lists mini splits as one of its three air-source heat pump types (with central ducted and air-to-water). A mini split installed by a participating contractor as a full replacement pays $7,000 to $11,000 for a single-family home; installed alongside the old system with integrated controls it pays $2,500 ($4,500 in a Disadvantaged Community).
Is the Con Edison rebate $10,000 or $11,000?
Both numbers are Con Edison’s. The air-source page’s table pays $10,000 for a weatherized single-family home and $11,000 for the same home in a Disadvantaged Community; the hub and the page’s meta description still say “up to $10,000”. A home that is not weatherized gets $7,000, or $8,000 in a Disadvantaged Community.
How do I apply, and do I get a Con Edison rebate check?
For heat pumps and geothermal there is no application and no check: a participating contractor from Con Edison’s list quotes the job, estimates Con Edison’s share and subtracts it from your invoice. The $85 smart thermostat rebate arrives as a check in six to eight weeks after enrolment; the water heater rebate is a coupon code from VerifyConEdRebates.com applied at the register or by the contractor’s distributor.
Can I get a rebate for my Con Edison thermostat?
$85 for each eligible Honeywell, Sensi, Alarm.com or Amazon smart thermostat you enrol (up to 12), plus $25 a year from the third year if you stay in at least half of the summer peak events. You need central air conditioning, and the program cannot be combined with Smart Usage Rewards.
Does Con Edison still pay for insulation and air sealing?
Not in 2026. The Weather Ready page, read October 5, 2026, says the program is no longer accepting applications; Westchester customers are referred to NYSERDA’s Comfort Home Program and Con Edison promises new residential weatherization incentives for 2027. Its residential hub still shows a “up to $4,000” tile.
How much is the Con Edison geothermal rebate?
$25,000 for a whole-building retrofit at the standard rate, $30,000 at the Weatherized Tier, and $35,000 or $40,000 in a Disadvantaged Community; new construction $15,000 or $20,000. Through a participating geothermal contractor, capped at 70% or 85% of project cost.
Will there be any energy efficiency tax credits in 2026 to add to the Con Edison rebate?
Not federal ones: the 25C and 25D credits ended for equipment placed in service after December 31, 2025. New York State’s geothermal tax credit (25% of cost, up to $10,000) and NYSERDA’s EmPower+ for income-qualified households are separate and are described on our <a href="/rebates/new-york">New York page</a>; the Con Edison incentive is applied on the invoice regardless of income.

Related

The full picture for the state — every program, the federal status and the corrections log — is on New York heat pump rebates. All utilities we cover: utility rebate pages.