PSE&G Rebates

HVAC Instant Rebate Program

Choose high-efficiency equipment. Get an instant rebate.

As a PSE&G participating contractor, we can offer you instant rebates of up to $600 when you upgrade to a high-efficiency central or mini split air conditioner unit, heat pump, or ENERGY STAR®–certified smart thermostat—and up to $900 on a new gas water heater, furnace, boiler, or combi boiler system. Better yet, you also may be eligible for up to $25,000 in interest-free, on-bill repayment, which can help make your purchase and installation costs easier to afford.*

Technician talking to two people in front of HVAC equipment.

Enjoy instant rebates and long-term savings.

Heating and cooling can account for nearly half the energy you use at home. If your equipment is more than 10 years old, replacing it with ENERGY STAR–certified models could shave 10% to 30% off your annual energy costs.† When you work with us, you get access to instant rebates from $60 to $900 on dozens of products. It’s more affordable than ever to make the switch to a more energy-efficient system.

Contact us to schedule your appointment, or visit HVAC Rebates to learn more about the HVAC Instant Rebate Program.

PSEG.
Energy star.
Newman's Heating & Air Conditioning Logo

* Amount based on projects for which PSE&G is the sole utility company. For full on-bill repayment eligibility requirements and terms, visit pseg.com/FAQs or contact us.
† energystar.gov
‡ We are a participating contractor providing on-site service on behalf of PSE&G through a partnership with ICF, an industry leader in energy efficiency.

SEER – ENERGY STAR® Residential HVAC and Water Heater Equipment – Electric

MEASURE DESCRIPTION MINIMUM EFFICIENCY REQUIREMENTS INSTANT REBATE AMOUNT
Central Air Conditioning – Tier 1 SEER ≥ 16, EER ≥ 12.5 $210.00
Central Air Conditioning – Tier 2 SEER ≥ 18, EER ≥ 13 $300.00
Air-Source Heat Pump – Tier 1 SEER ≥ 16, EER ≥ 12.5, HSPF ≥ 9 $360.00
Air-Source Heat Pump – Tier 2 SEER ≥ 18, EER ≥ 13, HSPF ≥ 10 $600.00
Air-Source Heat Pump – Cold Climate – Tier 1 SEER ≥ 16, EER ≥ 12.5, HSPF ≥ 9, and COP ≥ 1.75 at 5°F $600.00
Air-Source Heat Pump – Cold Climate – Tier 2 SEER ≥ 18, EER ≥ 13, HSPF ≥ 10, and COP ≥ 1.75 at 5°F $600.00
Ductless Mini-Split Heat Pump Single: SEER ≥ 20, EER ≥ 12.5, HSPF ≥ 10
Multi: SEER ≥ 18, EER ≥ 12.5, HSPF ≥ 10
$240.00
Ductless Mini-Split Air Conditioning SEER ≥ 20, EER ≥ 12.5 $300.00
Heat Pump Water Heater ENERGY STAR Certified $600.00
Furnace Fan ECM Motor Install – Retrofit Only $60.00
Smart Thermostat ENERGY STAR Certified. New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install. $60.00

SEER2 – ENERGY STAR Residential HVAC and Water Heater Equipment – Electric

MEASURE DESCRIPTION NEW METRIC MINIMUM EFFICIENCY REQUIREMENTS INSTANT

REBATE AMOUNT

Central Air Conditioning Split System – Tier 1 SEER2 ≥ 15.2, EER2 ≥ 12 $210.00
Central Air Conditioning Split System – Tier 2 SEER2 ≥ 16, EER2 ≥ 12 $300.00
Central Air Conditioning Single Package – Tier 1 SEER2 ≥ 15.2, EER2 ≥ 11.5 $210.00
Central Air Conditioning Single Package – Tier 2 SEER2 ≥ 17.1, EER2 ≥ 11.5 $300.00
Air-Source Heat Pump Split System – Tier 1 SEER2 ≥ 15.2, EER2 ≥ 11.7, HSPF2 ≥ 7.8 $360.00
Air-Source Heat Pump Split System – Tier 2 SEER2 ≥ 17.1, EER2 ≥ 11.7, HSPF2 ≥ 7.8 $600.00
Air-Source Heat Pump Single Package – Tier 1 SEER2 ≥ 15.2, EER2 ≥ 10.6, HSPF2 ≥ 7.2 $360.00
Air-Source Heat Pump Single Package – Tier 2 SEER2 ≥ 17.1, EER2 ≥ 10.6, HSPF2 ≥ 7.2 $600.00
Air-Source Heat Pump – Cold Climate, Ducted SEER2 ≥ 15.2, EER2 ≥ 10, HSPF2 ≥ 8.1, COP ≥ 1.75 at 5°F and provide 70% capacity maintenance at 5°F $600.00
Ductless Mini-Split Heat Pump Single: SEER2 ≥ 20, EER2 ≥ 12, HSPF2 ≥ 9
Multi: SEER2 ≥ 18, EER2 ≥ 12, HSPF2 ≥ 9
$240.00
Ductless Mini-Split Air Conditioning SEER2 ≥ 20, EER2 ≥ 12.5 $300.00
Heat Pump Water Heater ENERGY STAR Certified $600.00
Furnace Fan ECM Motor Install – Retrofit Only $60.00
Smart Thermostat ENERGY STAR Certified. New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install. $60.00

ENERGY STAR Residential HVAC and Water Heater Equipment – Gas

MEASURE DESCRIPTION MINIMUM EFFICIENCY REQUIREMENTS INSTANT

REBATE AMOUNT

Reset Controls for Boiler Attached to Qualifying Boiler $120.00
Gas Boiler – Tier 1 AFUE 90%–94.99% $450.00
Gas Boiler – Tier 2 AFUE ≥ 95% $510.00
Gas Furnace – Tier 1 AFUE ≥ 95%–96.9% $390.00
Gas Furnace – Tier 2 AFUE ≥ 97% $450.00
Gas Combi Heat – Tier 1 AFUE ≥ 95% $780.00
Gas Combi Heat – Tier 2 AFUE ≥ 97% $900.00
Gas Storage Tank Water Heater – Tier 1 Power-Vented < 55 Gallons, UEF ≥ 0.64 Medium Draw Pattern, High Draw Pattern UEF ≥ 0.68 $150.00
Gas Storage Tank Water Heater – Tier 2 Power-Vented ≥ 55 Gallons, UEF ≥ 0.78 Medium Draw Pattern, High Draw Pattern UEF ≥ 0.80 $270.00
Tankless Water Heater UEF ≥ 0.87 $300.00
Indirect Fired Storage Tank Water Heater When Paired With Qualifying Gas Boiler $150.00
Qualifying Gas Heater With Qualifying Gas Water Heater – Tier 1 < 55 Gallons and UEF ≥ 0.64 Medium Draw Pattern, UEF ≥ 0.68 High Draw Pattern or High Capacity $660.00
Qualifying Gas Heater With Qualifying Gas Water Heater – Tier 2 ≥ 55 Gallons and UEF ≥ 0.78 Medium Draw Pattern, UEF ≥ 0.80 High Draw Pattern or High Capacity $780.00
Smart Thermostat ENERGY STAR Certified. New Installation or Replacement of a Manual or Conventional Programmable Thermostat, as Part of an HVAC Install. $60.00

Need HVAC Service?

Contact the experts at Newman’s Heating & A/C.

Call us at 862-520-2790!