New Jersey rebate guideUpdated 2026

Home energy rebates in New Jersey

Explore 8 published measures from 3 New Jersey utilities, plus current state-program status and official links.

State program: Not open yet Federal credits: Ended Dec 2025

Find My Rebates → View Published Programs

Published utility programs in New Jersey

Current offers in our source set, with direct links to the utility running each program.

PSE&G (Public Service Electric and Gas)New Jersey's largest utility; electric and natural gas across 15 countiesHVAC Instant Rebates Program and Whole Home Energy Solutions

Air-Source Heat Pump Split System — Tier 1 (SEER2 >= 15.2, EER2 >= 11.7, HSPF2 >= 7.8)$300 instant rebateTier 2 (SEER2 >= 17.1) pays $450. Single package units pay the same $300/$450 at their own efficiency thresholds. The instant rebate is applied by a participating contractor on the invoice; customers cannot apply directly.

Air-Source Heat Pump — Cold Climate (SEER2 >= 15.2, EER2 >= 10, HSPF2 >= 8.1, COP >= 1.75 at 5F)$600 instant rebateUp to $25,000 in interest-free on-bill repayment may be available, plus an additional $50,000 if electrification measures are included through the Building Decarbonization offering.

Heat Pump Water Heater$450 instant rebateClaimed through a participating contractor as part of the HVAC Instant Rebates Program.

Whole Home Energy AssessmentFreeA PSE&G energy adviser performs a room-to-room walk-through, roughly one hour, and installs measures such as an ENERGY STAR smart thermostat, LED bulbs, advanced power strips, door sweeps and attic hatch insulation at no cost.

Visit the official PSE&G (Public Service Electric and Gas) program →

Atlantic City ElectricSouthern New Jersey, roughly 560,000 electric customers across eight countiesHVAC Efficiency Program

Heat Pump Water Heater (ENERGY STAR certified)$750Part of the same HVAC Efficiency Program; overall program headline is up to $1,300 in HVAC rebates, and enhanced rebates are available for low- to moderate-income customers.

Visit the official Atlantic City Electric program →

New Jersey Natural GasNatural gas service in Monmouth, Ocean, Morris, Middlesex and Burlington countiesSAVEGREEN

Cold Climate Heat Pump, ducted or ductless (SEER2 >= 15.2, EER2 >= 10, HSPF2 >= 8.1, COP >= 1.75 at 5F)$1,000From the SAVEGREEN Air Conditioning and Heat Pump Equipment Rebates chart published on the program page. Offer applies to qualifying equipment purchased and installed by June 30, 2027; applications must be postmarked within 120 days of purchase.

Standard Air Source Heat Pump, ducted or ductless — Tier 1 (SEER2 >= 15.2, EER2 >= 11.7, HSPF2 >= 7.8)$500Tier 2 (SEER2 >= 17.1) pays $750. Rebates do not apply to new construction.

High-efficiency tankless natural gas water heaterUp to $750 for the highest efficiency tankless water heaterThe combined maximum HVAC and water heating rebate is $3,650, which requires a 95% AFUE gas furnace or a qualifying heat pump plus a UEF >= 0.95 tankless water heater. Up to $25,000 in 0% APR on-bill repayment is also available.

Visit the official New Jersey Natural Gas program →

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The New Jersey state rebate program

Funding and launch status for the state-administered HOMES and HEAR programs.

$182,962,089

Federal funding allocated to New Jersey across both programs

$91,307,380HEAR · electrification

$91,654,709HOMES · whole-home efficiency

Source: US DOE, IRA Home Energy Rebates State Allocations (updated May 23, 2024)

StatusNot open yet

Latest program update

NJBPU's announced program awards match the US DOE allocation table exactly — the figures above reflect both.

Administered by New Jersey Board of Public Utilities (NJBPU).

Two-minute review

Find programs for your New Jersey home

New Jersey rebate questions

Can I still get a federal tax credit in New Jersey?

No. 25C and 25D were both repealed by the One Big Beautiful Bill Act for property placed in service after December 31, 2025. Anything installed in New Jersey in 2026 earns no federal residential energy credit. Work finished on or before that date can still be claimed.

Are the New Jersey state rebates open yet?

NJBPU's announced program awards match the US DOE allocation table exactly — the figures above reflect both.

What utility programs are listed for New Jersey?

This guide includes 8 published measures from 3 New Jersey utilities, with a direct link to each official program.