https://cleanheat.ny.gov/assets/pdf/CECONY%20Clean%20Heat%20Program%20Manual%206%203%2024.pdf

Eligibility

This is an incentives/rebates program to advance adoption of efficient electric heat pump systems used for space and water heating. Monetary incentives are paid by Con Edison directly to Participating Contractors or Distributors upfront (less any applicable Contractor Reward specified per contract) and customer then pays the difference.

Eligibility criteria and incentives structured are technology-based and determined by customer segments, subjected to Con Edison's monthly capped funding of $10M and capped funding per project.

Base Benefits

Varying by customer segment, which is then further broken down by category type.

1. Residential
DAC: capped at 70% of project cost
Non-DAC: capped at 50% of project cost

1.1. Residential air source heat pump (ASHP) incentives

1.2. Residential ground source heat pump (GSHP) incentives

2. Multifamily
For buildings with at least 5 dwelling units
Category 2c incentives: <100 dwelling-unit buildings
Capped incentive limit: $1M per project or 50% of project cost, whichever is lower

3. Small business & Nonprofit
For commercial customers with AVG annual peak demand <= 300 kW
Capped incentive limit: $200,000 per project or 50% of project cost, whichever is lower

4. Commercial and Industrial
For commercial customers (no MF buildings) with AVG peak demand >100 kW on a rolling 12-month basis. [100, 300] kW commercial customers could fall in either (3) or (4) customer sector
Capped incentive limit: 50% of project cost and $1M for all projects, per account per year
Including all non-GSHP

Non-pipe Solutions Adder Incentives (NPA)

Eligibility: Residential, Multifamily and Small Biz customers within the Soundview area of the Bronx, NY may receive adder benefits exceeding their segment benefit cap (but not more than 100% of project cost)

NYSERDA program

If project is eligible for both NYSERDA and NYS Clean Heat programs, combined fundings from both prgrams for each project have caps implemented as follows:

• 70% of total heat pump project cost, for market rate participants
• 85% of total heat pump project cost, for most Low-to-Moderate Income (“LMI”) participants