ConEd - Residential Energy Efficiency Incentives Program

March 29, 2023


Con Edison is offering the Energy Efficient Savings for Renters and Homeowners Program. Through this program, incentives are offered on energy efficient heating and cooling equipment for residences in the eligible service area. Service addresses that have one to four residential dwelling units may participate in the program. Eligible measures and equipment include heat pumps, smart thermostats, LED lighting and weatherization measures. All equipment must be installed by a participating contractor and installations may be inspected before incentive payments.

Additionally, rebates are provided for certain appliances. View the program web site for eligibility and instructions on how to have a secondary, working unit picked up. Contact Con Edison for more information on these programs. 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: New York
Incentive Type: Rebate Program
Web Site:
Start Date:
Eligible Renewable/Other Technologies:
  • Geothermal Heat Pumps
  • Heat pumps
  • Programmable Thermostats
  • Duct/Air sealing
  • Building Insulation
  • Other EE
  • Insulation
Incentive Amount: HVAC:
Central Air Source Heat Pump
Integrated Control Heat Pump: $1,000/unit (multifamily), $2,500/two units (single family)
Decommissioning Heat Pump: $3,000/unit (multifamily), $8,000/two units (single family)
Geothermal Heat Pump: Up to $20,000 per household
Programmable Thermostat: $50

Discounts on ENERGY STAR certified LED bulbs through participating retailers

Maximum Incentive: See program for details.
Equipment Requirements: See program for details.
Installation Requirements: Eligible equipment must be installed by a participating contractor
Ownership of Renewable Energy Credits: Not applicable


Name: Con Edison
Address: 4 Irving Place, 10th Floor North
New York NY 10003
Phone: (800) 752-6633

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.