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.
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 |
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.
Frequently Asked Questions
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.