New Jersey: COOLAdvantage Program

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Rebates up to $500 for geothermal heat pumps, air conditioners and furnaces.

Learn more about this energy rebate or find a contractor who knows about this rebate and will help you get started.


EnergySavvy does not administer rebate programs. If you have any questions about this incentive, please click on the More Information link to view the rebate program website or contact the rebate program directly.
Note: This program is generally limited to electric customers of the participating investor-owned utilities; however, for a limited time (effective October 1, 2011) the program will also offer incentives to residential customers of municipal and cooperative utilities. Please also note that the recently issued 2012 HVAC Program Update indicates that Energy Star qualified geothermal heat pumps will be eligible under the program beginning February 15, 2012.

The COOLAdvantage Program’s objective is to improve the energy efficiency of new electric air conditioners and heat pumps. To promote both the sale of energy efficient units and proper installation techniques, the N.J. Clean Energy Program offers rebates for properly sized and installed high efficiency systems. In order to qualify for a rebate, the unit must meet a minimum energy efficient standard, based on its SEER, EER or HSPF ratings. For a limited time, the program has separate offerings for customers or investor-owned utilities and customers of municipal and cooperative utilities, as described below.

Investor-Owned Utility Customers

Customers of Atlantic City Electric, Jersey Central Power & Light, PSE&G and Rockland Electric Company are eligible to apply for this rebate. Builders of new homes are not eligible to participate in the CoolAdvantage program but are encouraged to participate in the Energy Star Homes Program. Effective February 15, 2011 current rebate amounts are set at $500 per system for both air conditioners and heat pumps.

Municipal or Cooperative Utility Customers

Electric customers of municipal and cooperative utilities, are temporarily eligible for slightly different rebates compared to those available for the customers of New Jersey's investor-owned utilities (IOUs). Standard rebates of $500 per system are available for central AC, air-to-air heat pumps, and ductless AC or heat pump systems that meet the minimum sizing and efficiency requirements. It is important to note that only equipment purchased on or after October 1, 2011 (the date of program re-opening for non-IOU customers) and June 15, 2012 is eligible for a rebate.

Please see the program website for further information on both incentive offerings. More Information: New Jersey Website
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