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The HVAC Index

Heat pump installation cost in New York and New Jersey (2026)

Heat pump prices depend most on whether the home has ducts, how much of it you heat and where you live. Below is every price we track for New York and New Jersey, with the page and date we read it, and the incentives each electric company lists today. For the range for your own home, answer the six questions on our home page.

37 published prices and 23 incentives, read 2026-10-27. Get the range for your own home.

Ductless mini-splits

Central (ducted) heat pumps

Common extras

Other prices

Incentives by electric company

  • NYS Clean Heat: full-load with integrated controls (keep existing fossil system as controlled backup)open

    Con Edison does not offer plain Category 2: keeping the old system with integrated controls pays $2,500 per single-family home ($4,500 in a disadvantaged community); no weatherized-tier amount for this option. Con Edison pays through a participating contractor as an instant discount, and the page says "Incentives are offered subject to program rules and available funding."

    Con Edison (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full replacement with decommissioning pays $7,000 per single-family home at the standard rate and $10,000 in the Weatherized Tier ($8,000 and $11,000 in a disadvantaged community). Con Edison rations funds by quarterly contractor allocations (Q2 2026 allocations issued March 9, 2026), so availability depends on the contractor. The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid the 2b standard rate of $8,000 in a non-disadvantaged community. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    Con Edison (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load cold-climate air-source heat pumpopen

    Full-load cold-climate air-source heat pump pays $4,000 per single-family home at the standard rate and $8,000 in the Weatherized Tier ($6,000 and $10,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $6,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    National Grid (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full-load with decommissioning pays $7,000 standard and $12,000 in the Weatherized Tier ($9,000 and $14,000 in a disadvantaged community). National Grid started contractor allocations in Q2 2026. The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $10,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    National Grid (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load cold-climate air-source heat pumpopen

    Full-load cold-climate air-source heat pump pays $4,000 per single-family home at the standard rate and $8,000 in the Weatherized Tier ($5,000 and $9,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $6,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    NYSEG (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full-load with decommissioning pays $7,000 standard and $12,000 in the Weatherized Tier ($8,000 and $13,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $10,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    NYSEG (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load cold-climate air-source heat pumpopen

    Full-load cold-climate air-source heat pump pays $4,000 per single-family home at the standard rate and $8,000 in the Weatherized Tier ($5,000 and $9,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $6,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    RG&E (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full-load with decommissioning pays $7,000 standard and $12,000 in the Weatherized Tier ($8,000 and $13,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $10,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    RG&E (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load cold-climate air-source heat pumpopen

    Full-load cold-climate air-source heat pump pays $4,000 per single-family home at the standard rate and $8,000 in the Weatherized Tier. The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $5,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    Central Hudson (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full-load with decommissioning pays $7,000 standard and $12,000 in the Weatherized Tier. The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $8,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    Central Hudson (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load cold-climate air-source heat pumpopen

    Full-load cold-climate air-source heat pump pays $4,000 per single-family home at the standard rate and $8,000 in the Weatherized Tier ($6,000 and $10,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $5,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    Orange & Rockland (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: full-load heat pump with decommissioning of the old fossil heating systemopen

    Full-load with decommissioning pays $7,000 standard and $12,000 in the Weatherized Tier ($9,000 and $14,000 in a disadvantaged community). The September 1, 2026 manual cut the base rate; the March 2026 manual (v2) paid $9,000. Capped at 70 percent of project cost (85 percent in a disadvantaged community). Single-family home, standard (non-weatherized) rate shown as typical.

    Orange & Rockland (NYS Clean Heat) · NY · source, read 2026-10-27

  • NYS Clean Heat: partial-load heat pumps (for example a single mini-split)ended

    No Clean Heat incentive for a new partial-load install: the 2026-2030 manual lists only full-load categories (2, 2a, 2b, 3) and a Category 4 top-up for homes that already have a partial-load heat pump and add load to reach full load (Con Edison $4,000, National Grid $4,000, NYSEG $3,000, RG&E $3,000, Central Hudson $3,000, O&R $4,000 per single-family home).

    NYS Clean Heat utilities · NY · source, read 2026-10-27

  • PSEG Long Island Home Comfort: whole-house cold-climate air-source heat pumpopen

    Per single-family home: $4,000 market rate, $5,000 in a disadvantaged community or for moderate income (<80% AMI), $7,500 for low income (<60% AMI); $250 per project to the contractor. Whole-house projects only; the page says cost caps may apply. The page also says the heat pump must meet 100-120% of the entire dwelling heating load (Manual J required), and that dual-fuel controls are required or the old fossil system must be removed.

    PSEG Long Island · NY · source, read 2026-10-27

  • PSEG Long Island Home Comfort: income tiers of the same whole-house rebateopen

    Low income (<60% of area median income) $7,500; moderate income (<80% AMI) $5,000 per single-family home.

    PSEG Long Island · NY · income-qualified · source, read 2026-10-27

  • NYSERDA EmPower+ (income-eligible homeowners)open

    For households at or below 80 percent of state or area median income (or on a utility payment assistance program): funding toward air sealing, insulation, heat pumps, heat pump water heaters and electrical upgrades, up to 100 percent of some project costs. The page does not state a heat pump dollar cap.

    NYSERDA · NY · income-qualified · source, read 2026-10-27

  • Federal High-Efficiency Electric Home Rebates (formerly HEAR), New Yorkunknown

    DOE Program Notice 26-2, effective May 29, 2026, removed rebates for fuel switching (replacing non-electric equipment); rebates now only for upgrading existing electric equipment. How New York applies this to heat pumps was not verified.

    US Department of Energy via NYSERDA · NY · income-qualified · source, read 2026-10-27

  • Federal Energy Efficient Home Improvement Credit (25C), New Yorkended

    Was 30 percent of cost up to $2,000 a year for heat pumps; not available for property placed in service after December 31, 2025.

    US Treasury / IRS · NY · source, read 2026-10-27

  • Federal Energy Efficient Home Improvement Credit (25C), New Jerseyended

    Was 30 percent of cost up to $2,000 a year for heat pumps; not available for property placed in service after December 31, 2025.

    US Treasury / IRS · NJ · source, read 2026-10-27

  • New Jersey Clean Energy Whole Home Energy Solutions (utility-delivered)open

    Up to $7,500 in rebates for energy-efficient home upgrades after a home energy audit by a participating contractor; the amount depends on the upgrades done, so no typical figure is stated. Quote is from Atlantic City Electric's page; the same statewide program is offered by the other utilities.

    NJ Clean Energy Program via utilities · NJ · source, read 2026-10-27

  • PSE&G HVAC Instant Rebates and building decarbonization (heat pumps)open

    Heat pump rebate amounts load from a separate table that could not be read; third-party summaries report conversion rebates of up to $10,000 ($12,000 income-qualified), unverified. Official page: extra $300 per eligible measure for low-to-moderate income households, and 0% on-bill financing up to $50,000 for decarbonization measures. Page says the program "is subject to change, including termination, without prior notice."

    PSE&G · NJ · source, read 2026-10-27

  • JCP&L Clean Comfort Program (heat pumps and electrification)open

    Official page says rebates "worth up to $10,000 or more for a variety of energy-efficient equipment"; the per-measure heat pump amounts were not on the readable page (a contractor page reports up to $10,000 for a cold-climate full conversion, unverified). Cold-climate heat pumps need a NEEP listing.

    JCP&L · NJ · source, read 2026-10-27

  • Atlantic City Electric HVAC Efficiency Program: cold-climate heat pumpopen

    Cold-climate ducted or ductless heat pump $2,000 (limited-time additional rebate runs April 1, 2026 through June 30, 2027); standard ductless mini-split $750; air-source split system $500 to $750 by efficiency tier. Not limited to whole-home projects.

    Atlantic City Electric · NJ · source, read 2026-10-27

What moves the price

  • System size drives the equipment: Fixr prices a 2,000 sq ft home at $8,000 to $20,000 and Rewiring America moves from $17,000-$23,000 (1,500-2,500 sq ft) to $22,500-$28,000 (2,500-5,500 sq ft). Source
  • Every extra indoor head adds cost: Vinco says a second head adds roughly $3,000 to $4,000 in NYC, a Long Island installer says $2,000 to $5,000 per added zone, and a Central NJ installer says $1,800 to $3,000. Source
  • Existing ducts change the job: a Long Island installer prices a ducted heat pump into existing ducts at $12,000 to $18,000 but a boiler-to-heat-pump conversion with no ducts at $18,000 to $30,000. Source
  • A 100 amp panel can add a big line item: Vinco prices a 200A upgrade at $3,000 to $6,000 in NYC, a Long Island installer at about $2,500, and a NJ guide at $1,500 to $3,000. Source
  • Removing an oil tank adds to a boiler conversion: about $3,500 for an underground tank on Long Island and $1,600 to $3,500 for a clean underground removal in NJ, far more if soil is contaminated. Source
  • NYC building logistics add cost: Vinco says Manhattan installs carry a 10 to 20 percent surcharge over Brooklyn or Queens, and rooftop condensers can need a crane day at $3,500 to $10,000. Source
  • Cold-climate and premium models cost more: a Brooklyn installer adds $500 to $1,500 over cooling-only units, and a Central NJ installer says Mitsubishi HyperHeat adds $1,500 to $3,000. Source
  • Clean Heat base rates fell on September 1, 2026 (for example National Grid, NYSEG, RG&E, Central Hudson and O&R full-load now $4,000 at the standard rate), while a new Weatherized Tier pays $8,000 for homes that meet insulation standards. Source
  • The federal 25C credit no longer applies to installations after December 31, 2025, so 2026 prices are not offset by the old 30 percent credit. Source

Common questions

Is this a quote?

No. It is a range built from prices that installers, cost guides and New York and New Jersey programs publish. An installer sets the real price after seeing your home, your electrical panel and your ducts or radiators.

Do heat pumps work in New York winters?

Cold-climate heat pumps are rated to keep heating well below freezing, and New York's Clean Heat program requires cold-climate equipment for its larger incentives. How a system performs in your home depends on sizing and installation, which is why an installer's load calculation matters.

Why does my electric company matter?

In New York, heat pump incentives are paid through each utility's NYS Clean Heat program, and the amounts and status differ by utility. In New Jersey, the utilities run their own programs. We show what your utility lists today.

Is the federal tax credit still available?

The federal heat pump tax credit (25C) ended for systems placed in service after December 31, 2025, so we do not count it. State and utility incentives are listed separately.

Who will contact me if I ask for a quote?

One participating local installer. You see the consent wording, which names who may contact you, before you agree. Your request is not sent to a list of companies.

How does The HVAC Index make money?

If you ask for a quote, the installer pays us a flat fee for the request. It does not depend on whether you hire them, and nothing an installer pays changes an estimate or a price on this site.

How the ranges on our home page are built: each scenario band cites the prices above that support it, adjusted by area. Read how we make money.

Heat pump installation cost in New York and New Jersey (2026) | The HVAC Index