HVAC Instant Rebate Program by PSE&G
Upgrading to ENERGY STAR® certified HVAC equipment can significantly reduce your energy use, keep your home comfortable, and make your energy expenses more manageable. By participating in PSE&G’s Residential HVAC Rebate Program and working with a participating contractor such as Argent Plumbing, Heating & Air Conditioning, you can save thousands of dollars on eligible equipment—and you may qualify for up to $25,000 in interest-free, on-bill repayment to help pay for your project. If you choose to include electrification measures through our Building Decarbonization offering, you may also be eligible for an additional $50,000 in interest-free, on-bill repayment.
How to Get the PSE&G Rebate
To participate, simply reach out to a participating contractor such as Argent Plumbing, Heating & Air Conditioning who can help you throughout the process, from installation to receipt of your instant rebate. The contractor will confirm your account eligibility and provide information on the convenient bill repayment option, as well as any additional incentives. On the day of your appointment, the contractor will install your high-efficiency HVAC equipment, note your PSE&G instant rebate on the invoice, and have you sign a customer acknowledgment form once the installation is complete.
*Visit https://pseg.com/HVACrebates for more information on latest incentives.
Residential HVAC & Water Heater — Instant Rebates
Electric
SEER2 • Residential HVAC and Water Heater Equipment
| Measure | Minimum Efficiency Requirements | Instant Rebate |
|---|---|---|
| Central air conditioning split system Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 12 | $60 |
| Central air conditioning split system Tier 2 | SEER2 ≥ 17, EER2 ≥ 12 | $120 |
| Central air conditioning single package Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 12 | $60 |
| Central air conditioning single package Tier 2 | SEER2 ≥ 17, EER2 ≥ 12 | $120 |
| Air-source heat pump split system Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 11.7, HSPF2 ≥ 7.8 | $300 |
| Air-source heat pump split system Tier 2 | SEER2 ≥ 17.1, EER2 ≥ 11.7, HSPF2 ≥ 7.8 | $450 |
| Air-source heat pump single package Tier 1 | SEER2 ≥ 15.2, EER2 ≥ 10.6, HSPF2 ≥ 7.2 | $300 |
| Air-source heat pump single package Tier 2 | SEER2 ≥ 17.1, EER2 ≥ 10.6, HSPF2 ≥ 7.2 | $450 |
| Air-source heat pump – Cold climate | SEER2 ≥ 15.2, EER2 ≥ 10, HSPF2 ≥ 8.1, COP ≥ 1.75 at 5°F | $600 |
| Heat pump water heater | — | $450 |
| Furnace fan ECM motor install | — | $60 |
| Smart thermostat | ENERGY STAR certified. New installation or replacement of a manual or conventional programmable thermostat, as part of an HVAC install. | $60 |
Gas
Residential HVAC and Water Heater Equipment
| Measure | Minimum Efficiency Requirements | Instant Rebate |
|---|---|---|
| Reset controls for boiler | — | $75 |
| Gas boiler Tier 1 | AFUE ≥ 90% – Must replace a non-condensing unit. Condensing to condensing replacement not eligible. | $540 |
| Gas boiler Tier 2 | AFUE ≥ 95% – Must replace a non-condensing unit. Condensing to condensing replacement not eligible. | $600 |
| Gas furnace | AFUE ≥ 95% – Must replace a non-condensing unit. Condensing to condensing replacement not eligible. | $540 |
| Gas combi heat Tier 1 | AFUE ≥ 95% – Must replace a non-condensing unit. Condensing to condensing replacement not eligible. | $780 |
| Gas combi heat Tier 2 | AFUE ≥ 97% – Must replace a non-condensing unit. Condensing to condensing replacement not eligible. | $1,050 |
| Gas storage tank water heater Tier 1 | Power-vented ≤ 55 gallons, UEF ≥ 0.64 medium draw pattern, high draw pattern UEF ≥ 0.68 | $240 |
| Gas storage tank water heater Tier 2 | Power-vented > 55 gallons, UEF ≥ 0.78 medium draw pattern, high draw pattern UEF ≥ 0.80 | $240 |
| Tankless water heater Tier 1 | UEF ≥ 0.87 | $300 |
| Tankless water heater Tier 2 | UEF ≥ 0.95 | $450 |
| Indirect fired storage tank water heater | Must be attached to a boiler with an AFUE ≥ 90%. | $150 |
| Furnace fan ECM motor install | — | $60 |
| Smart thermostat | ENERGY STAR certified. New installation or replacement of a manual or conventional programmable thermostat, as part of an HVAC install. | $60 |
* Minimum efficiency requirements must be met or exceeded to qualify for the instant rebate.