"Pairing our new heat pumps with energy efficiency upgrades and solar panels have made us near net zero.”
-Michael H., Warwick, NY
Four Simple Steps....
If you are in the market for improved heating and cooling or a better-insulated home, now is the time to leverage our local assistance. HeatSmart acts as a clearinghouse to explore your options, learn about the latest technology and to find funding to offset the cost of your improvements.
To get started with your free assessment, click the sign up button below or call us at 914-302-7300 ext.1
Making the Switch More Affordable
Maximizing Your Savings
There are a variety of incentives available for energy efficiency and clean heating and cooling offered by the New York State Energy Research and Development Authority (NYSERDA), the Internal Revenue Service and your utility.
Concerned about making sure you get all the available discounts and rebates? Ask your installer about what options will be available to you—and for assistance on completing the necessary paperwork.
Below, you can find some details about the incentives and financing options, and how they help with the home improvement path you wish to take.
Rebates And Incentives In New York State
New! In response to COVID-19
NYS is offering 0% interest loans for energy efficiency and heat pumps for the life of the loan!
Utilities: The New York State heat pump rebates are now administered by your utility, with the rebate level based on the system’s heating capacity. These generous rebates start at $500 for installing one air source unit, but climb substantially with whole-home installations. The new rebates are providing an average of $6,000-$8,000 per air source whole-home system and $8,000 - $10,000 for a geothermal system. The HeatSmart partner-installers will find your relevant rebates using calculations specific to your building and the proposed equipment. Every HeatSmart partner installer has the necessary accreditation, software, and experience to accurately inform you of your true bottom line (included on your proposal) and will assist you with the paperwork.
Federal Tax Credits: For 2020 geothermal installations the federal government offers residential and commercial tax credits of 26% of the total installed cost. Act now! This credit is scheduled to decrease to 22% next year, then phase out. Consult a tax professional for questions about how to take advantage of this tax credit.
Financing: Our installer-partners offer a wide variety of financing options ranging from traditional loans to the NYSERDA loans.
Energy Efficiency Programs:
NYSERDA offers every New York resident a free, professional home energy assessment. If you meet the income eligibility requirements there are extra benefits to pay for thermal improvements .
Use this handy tool to see if you qualify.
Empower New York – 100% Free
Assisted Home Performance – 50% Subsidy
Comfort Home Pilot – Rebates of $500-$4,000
for your free assessment!