Every NYC HVAC incentive, one honest page.

Six guides one click deep.

Each page below covers one part of the NYC incentive picture in depth. Skim or read the one that matches your building type.

Con Edison Clean Heat conversion →

The full residential guide. Option 1 pays $3,500 to $5,500 per apartment and $7,000 to $11,000 single family, verified against Con Edison's published schedule on September 25, 2026. Rebate filed as part of the install.

Multifamily HVAC incentives →

Buildings with five or more dwelling units. Market-rate prescriptive pays $5,000 per dwelling unit; affordable housing pays up to $14,000 per unit for space heating. Co-ops, condos, and rental owners.

Commercial HVAC incentives →

Commercial and industrial heat pump electrification at $120/MMBtu full load, $70/MMBtu phased, $200/MMBtu hot water, capped at 50% of project cost. Plus the small business and nonprofit track.

Geothermal incentives →

Ground-source heat pumps pay the largest single checks in the program: up to $40,000 on a residential Weatherized DAC retrofit, and per-MMBtu custom rates on non-residential projects.

Rebate calculator →

Pick your building type, option, and tier and see the exact residential figure from Con Edison's published schedule, including the 70/85% project cost cap and the two-to-four apartment counting rule.

Local Law 97 compliance HVAC →

The reason most NYC commercial and multifamily buildings are electrifying now. $268 per metric ton of CO2e over the emissions limit, per year. The incentive stack cuts the capital cost of compliance.

The stack at a glance.

Each track has its own qualification rules, filing process, and caps. The sections below go deep on each one, in the order building owners hit them: residential, multifamily, commercial, small business, geothermal, then Local Law 97 and the federal layer.

Clean Heat for houses, brownstones, and small buildings summarized.

The full residential guide lives on the Clean Heat page. This is the working summary, with the figures verified against Con Edison's published residential schedule on September 25, 2026.

Who qualifies

Owners and renters of single-family homes and buildings with up to four dwelling units. The track is decided by dwelling unit count, not by use. A building with a store on the first floor and two apartments above is still residential: per the NYS Clean Heat Program Manual, dwellings in a mixed-use building qualify only for apartment incentives, and the program asks you to confirm eligibility with the administrator before installation. A two-family brownstone does not get the single-family rate. It gets the apartment rate multiplied by the number of apartments, because the manual defines single family as a building with one dwelling unit.

What it pays

Option 1 is full load heating with the old fossil fuel system removed or permanently disabled. It is the top rate band:

Option 2 keeps the old system as backup and adds integrated controls. It pays less, and it has no Weatherized Tier rate:

In Con Edison's words, incentives are capped at 70% of project costs, or 85% if you're located in a Disadvantaged Community. Homes that previously took a partial heat pump incentive can add up to $4,000 single family or up to $1,500 per apartment when they finally remove or disable the old fossil fuel system. The $11,000 headline you see in ads is real, and it is specifically the Weatherized Tier rate for a single-family home in a Disadvantaged Community, not a starting rate.

What the rules require

• Equipment on the NEEP Cold Climate ASHP Product List, not the ENERGY STAR list. NEEP wildcards model numbers, so search the prefix. Air-to-water heat pumps sit on a separate NYS Clean Heat AWHP qualified product list.
• An ACCA Manual J (8th Ed.) load calculation and Manual S equipment sizing, filed by the contractor per the program manual.
• A participating contractor files the application. The customer never applies, and the incentive comes off the invoice as an instant discount.
• For Option 1, the old system removed or permanently disabled in place. For Option 2, integrated controls from the NYS Clean Heat Integrated Controls Qualified Product List.
• For the Weatherized Tier, one of three pathways: built after 2010 with records, past participation in an approved weatherization program, or a heating load per conditioned square foot under Con Edison's limit with a HomeBoost Pro assessment.

What commonly disqualifies a project

• Equipment chosen off the ENERGY STAR list. It is a different list with different thresholds, and ENERGY STAR listing does not prove NEEP listing.
• A full model number searched on NEEP that returns nothing. The model is usually listed under a wildcard prefix, and a project gets wrongly written off as ineligible.
• The old boiler left operable with no integrated controls. That fits neither Option 1 nor Option 2 and pays nothing.
• A two-family priced at the single-family rate. It draws two apartment rates, and misquoting it in either direction kills trust in the proposal.
• DAC status checked by ZIP instead of by exact address on the NYSERDA map. Designation is block-level.
• A budget built on the federal 25C credit, which expired December 31, 2025.

Deep dive, worked examples, and the Weatherized Tier pathways: the full Clean Heat guide. Want your own number first? Run the rebate calculator.

Multifamily: market rate and affordable housing.

Five dwelling units is the cutoff. At five or more, the project leaves the residential rates above and enters the multifamily track on Con Edison's multifamily heat pump incentives page. Two programs run in parallel: market rate (MFEEP-E) and affordable housing (AMEEP-E). The full guide is on the multifamily incentives page.

Who qualifies

Buildings with five or more dwelling units: rental portfolios, co-op corporations, condo associations, and mixed-use buildings. For mixed use at this size, Con Edison's page is explicit: “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.” Affordable housing projects qualify for the higher AMEEP-E rates; confirm eligibility with the program before scoping, because the definition is the program's to make, not a contractor's.

What it pays

Market rate, capped at $1 million per project or 50% of project costs, whichever is less:

Affordable housing, per dwelling unit, capped at $1 million per project or 85% of project costs, whichever is lower. Column A is the non-comprehensive scope, column B the comprehensive scope:

Affordable projects also carry attic insulation at $5 per sq ft, required where not already present. On a 24-unit market-rate building, the prescriptive space heating path alone is 24 x $5,000 = $120,000, before hot water measures and before the cap math runs.

What the rules require

• Prescriptive space heating assumes the full building load served by the heat pump project, with the fossil fuel system decommissioned.
• Custom and phased paths require engineering documentation supporting the MMBtu calculation.
• A participating contractor files the project. At this scale the filing includes pre-install review, so scope it early.
• Affordable housing projects document their status with the program, not with the contractor.

What commonly disqualifies a project

• Counting errors at the boundary. A four-unit building filed on the multifamily track, or a five-unit building priced at residential rates, both come back.
• Assuming a mixed-use building lands on the multifamily track without the dominant-use determination.
• Assuming affordable status. The rates are attractive enough that owners guess, and the program verifies.
• Phased capital plans that never reach full building load and lose the prescriptive rate without documenting the phased path.

Full depth, including financing layers for co-ops and condos: multifamily HVAC incentives.

Commercial electrification, per MMBtu.

Commercial and industrial heat pump projects run on custom per-MMBtu rates published on Con Edison's C&I heat pump incentives page. The rates below were verified on September 25, 2026. The deeper guide, including the federal deduction layer, is on the commercial incentives page.

Who qualifies

Commercial and industrial buildings electrifying space heating or domestic hot water with qualifying heat pump equipment. The incentive is keyed to the fossil load the project displaces, measured in MMBtu, which means the engineering documentation matters as much as the equipment.

What it pays

• $120/MMBtu on space heating, full building load.
• $70/MMBtu on phased load space heating, for multi-year capital plans.
• $200/MMBtu on domestic hot water electrification.
• Cap: 50% of project cost.

On a project displacing 2,000 MMBtu of full-load space heating, the arithmetic is 2,000 x $120 = $240,000 before the 50% cap test. That is why the load calculation drives the number, not the equipment brochure.

What the rules require

• Engineering documentation supporting the displaced-MMBtu calculation, filed by a participating contractor.
• Qualifying heat pump equipment on the applicable product lists.
• Existing buildings. In Con Edison's words, other building electrification technologies installed in new construction projects are not eligible for incentives.

What commonly disqualifies a project

• New construction. The C&I track does not pay for electrification technologies in new construction projects.
• Budgets built on the 20% bonus add-on, which required submission before June 1, 2026 and is not available now.
• Thin MMBtu documentation. The custom path lives or dies on the engineering file.
• Confusing the commercial track with the small business track. Under 2,500 sq ft, the small business prescriptive rates below are usually the better filing.

Stores, offices, and nonprofits get prescriptive rates.

Small businesses and nonprofits do not need a custom MMBtu filing to get paid. Con Edison publishes prescriptive per-project rates by floor area in its small business incentives factsheet (effective 8/21/2026). This is the track most NYC storefronts and small offices actually file.

Who qualifies

Small business and nonprofit Con Edison customers installing qualifying cold-climate air-source heat pumps in their facility. The floor-area bands top out at 2,500 sq ft for the prescriptive rates; larger projects move to the custom per-MMBtu paths.

What it pays

Prescriptive ccASHP, per project:

• Custom space heating: $150/MMBtu.
• Custom domestic hot water: $200/MMBtu.
• Cap, verbatim: “Incentives are limited to 50% of project costs or $400,000, whichever is lower.”

What the rules require

• Decommissioning, in the factsheet's words: “Facilities must decommission their existing fossil-fuel heating system to qualify for heat pump incentives.”
• Qualifying equipment on the applicable cold-climate product list.
• Filing through a participating contractor.

What commonly disqualifies a project

• Keeping the gas furnace or boiler live. This track requires decommissioning, full stop.
• Pricing off the 2025 Commercial limited-time offer ($195/$275 per MMBtu). That offer is closed. Any quote citing it is stale.
• Filing a 3,000 sq ft project on the prescriptive bands. Above 2,500 sq ft the custom path is the correct filing.

Geothermal pays the biggest checks.

Ground-source heat pumps move heat through the ground instead of the air, and the program treats them accordingly. Residential figures come from Con Edison's residential geothermal page and non-residential figures from the commercial and multifamily geothermal page. The full NYC guide, including what drilling in a dense borough actually involves, is on the geothermal page.

Who qualifies

Residential: one to four unit buildings doing a whole-building retrofit or new construction. Non-residential: commercial, industrial, and multifamily projects, custom or prescriptive. Geothermal in multifamily new construction is one of the few incentive shapes open to new builds at all.

What it pays

Residential whole building, standard versus Disadvantaged Community:

Non-residential, custom rates per MMBtu, new construction versus existing: space heating $175 / $400, space heating plus envelope $200 / $425, domestic hot water $175 / $400. Multifamily prescriptive, per apartment, new construction versus existing: space heating $2,000 / $10,500, space heating plus envelope $4,000 / $13,000, DHW $1,000 / $2,000. The cap is $1,000,000, or 50% of total project cost, whichever is lower, and thermal conductivity testing carries its own incentive of up to $40,000, or 50% of applicable project costs, whichever is lower.

What the rules require

• A qualifying ground-source installation by a participating contractor.
• Thermal conductivity testing on larger loops. The program incentivizes the test itself, which tells you how central the data is to the filing.
• Residential new construction always qualifies at the Weatherized rate, never the standard rate.

What commonly disqualifies a project

• Pricing a residential project off per-apartment geothermal figures. The current page publishes whole-building rates, so we quote whole-building rates.
• Skipping the conductivity test on a custom non-residential filing.
• Assuming the federal 25D residential geothermal credit still exists. It expired December 31, 2025.
• A site with no drilling access. In Manhattan and dense Brooklyn, the loop field, not the incentive, is usually the constraint.

Why NYC buildings electrify before they have to.

Who it applies to

Local Law 97 covers most NYC buildings over 25,000 gross square feet. It is not an incentive. It is an emissions cap with a penalty, and it is the reason the incentive tracks above matter to commercial and multifamily owners on a deadline instead of a whim.

What it costs to miss the limit

Per NYC Buildings, the penalty is $268 per metric ton of CO2e above the building's emissions limit, per year. A building 100 metric tons over its limit pays $26,800 a year, every year, until the emissions come down. Fossil-fuel heating is usually the largest controllable slice of that number, which is why heat pump conversion plus the Clean Heat incentive stack is the standard compliance play.

How the incentive stack meets the deadline

Multifamily owners pair the $5,000 per dwelling unit prescriptive rate (or the affordable track) with the conversion capital plan. Commercial owners run the $120/MMBtu full-load path against the displaced fossil load. The penalty math and the incentive math land on the same project, and the filing lead times mean the project that starts after a violation arrives is already late.

Full compliance guide: Local Law 97 HVAC.

Federal credits: what expired, what remains.

What expired

The federal residential tax credits are gone. Section 25C (Energy Efficient Home Improvement) and Section 25D (Residential Clean Energy) both expired December 31, 2025. A heat pump placed in service in 2026 or later gets neither. Any contractor, blog post, or AI answer still stacking a $2,000 federal credit onto a 2026 install is working from stale data. The Section 179D commercial deduction ended too, for property whose construction begins after June 30, 2026. The Con Edison incentive is unaffected: it comes off the invoice regardless of federal tax law.

What remains for commercial owners

Three commercial provisions still matter on electrification projects. Section 179 expensing carries a 2026 limit of $2,560,000, with a phase-out above $4,090,000. Bonus depreciation is 100%, permanent, for qualifying property acquired after January 19, 2025. The Section 48 investment tax credit on commercial geothermal is available for construction beginning before January 1, 2035. Vinco does not give tax advice: confirm any of these with your tax advisor before budgeting them. Vinco supplies the equipment documentation, efficiency certifications, and installation records your tax advisor needs to claim what applies alongside the Con Edison incentive.

What is changing in the program, 2026 to 2030

New York restructured its utility efficiency programs for the 2026 to 2030 period. The Clean Heat branding narrows toward residential buildings of one to four units, and buildings with five or more units move into utility-specific energy efficiency and building electrification implementation plans, a delegation the NYS Clean Heat Program Manual confirms. Practical effect for owners: the residential rates on this page are the stable core of the program, and larger buildings should be scoped against the current Con Edison program documents at filing time. Program information is also published at cleanheat.ny.gov.

What commonly disqualifies a project

• Budgeting a federal residential credit that expired December 31, 2025.
• Budgeting Section 179D on construction beginning after June 30, 2026.
• Claiming a commercial tax provision without the equipment documentation the IRS form requires, or without your tax advisor confirming it applies.
• Assuming a 5+ unit building still files under the Clean Heat brand in later program years instead of the utility building electrification plans.

Rebates, then rates.

The estimate visit is where Vinco runs the full rebate math for your building: track, tier, DAC status, cap test, and net price. Want to see the underlying labor rate and financing terms first? They are published.