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Heat Pump Incentives for Multifamily Buildings

Receive tens of thousands of dollars in incentives to upgrade your 5+ unit building with efficient heat pump technology.

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About

Be comfortable all year-round with heat pumps—the latest in efficient heating and cooling technology. Find the right one for you and your building.

 

Incentives

Category

Description

GSHP

ASHP

Category

Description

GSHP

New Construction

Existing Buildings

ASHP

Existing Buildings

Category

2c

Description

Multifamily Full Load ASHP Heating with Decommissioning

GSHP

N/A

$5,000/dwelling unit

ASHP

$5,000/dwelling unit

Category

4

Description

Custom Space Heating Applications

GSHP

$125/MMBtu

$200/MMBtu

ASHP

$200/MMBtu

Category

4a

Description

Custom Space Heating Applications + Envelope – Tier 1

GSHP

$125/MMBtu

$200/MMBtu

ASHP

$200/MMBtu

Category

Description

Custom Space Heating Applications + Envelope – Tier 2

GSHP

$150/MMBtu

$225/MMBtu

ASHP

$225/MMBtu

Category

6

Description

Custom Domestic Hot Water (“DHW”)

GSHP

$125/MMBtu

$200/MMBtu

ASHP

$200/MMBtu

Category

6a

Description

Prescriptive Domestic Hot Water (“DHW”)

GSHP

N/A

N/A

ASHP

$1,000/dwelling unit

Category

10

Description

Custom Partial Load Space Heating Applications

GSHP

N/A

$100/MMBtu

ASHP

$70/MMBtu

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Eligibility

Please read the Multifamily Clean Heat Program Manual (PDF) for full eligibility requirements.

 

  • You must own or manage a residential multifamily building with 5+ residential units and have an eligible Con Edison electric account.
  • New construction projects are only eligible for geothermal heat pump incentives, not air source heat pump incentives.
  • Mixed-used buildings with both multifamily and commercial spaces can apply to the program with the dominant use type, determined on a case-by-case basis.
  • All existing buildings are subject to decommissioning of the existing fossil fuel system for the building’s space-heating scope of work.
  • Common-area-only, scope-of-work projects are not eligible for Clean Heat incentives.
  • Projects submitted must not have begun installation.
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Get Started

Step 1

Find an approved contractor.

Step 2

Let us know you’re interested.

Step 3

Fill out an application.
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Frequently Asked Questions

 

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Abbreviation definitions: Air-source heat pump (ASHP). Central air-source heat pump (CCASHP). Ground-source heat pump (GSHP). Heat pump water heater (HPWH).

 

Projects are considered “Installed” when the entire heat pump system has been completely installed and is fully operational. Projects that do not meet these criteria will be eligible for the Base Incentive Rates.

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