New York Energy Rebates & Tax Credits

16 state-level programs plus 15 federal programs available to New York residents.

Key Takeaways

New York offers 16 energy incentive programs — ranking #4 of 51 states and 33% above the national average of 12. Residents have more options than most states.
Residential electricity costs 22.35¢/kWh — 6.5¢ above the national average of 15.9¢/kWh (rank #9). Solar panels and heat pumps offer the highest ROI in high-rate states like New York.
New York was allocated $608M in IRA (Inflation Reduction Act) funding — above the state average of $194M. Programs cover HOMES rebates ($307M) and HEEHR electrification ($301M).
IRA HOMES rebate status: Launched (launch: 2025-02). HEEHR status: Launched (launch: 2025-05).

State Programs

Tax Credits

Rebates

Utility Programs

New York Electricity Rates

22.35 ¢/kWh

Residential

17.88 ¢/kWh

Commercial

12.29 ¢/kWh

Industrial

National rank: #9 | Compare all states

IRA Rebate Status in New York

HOMES Program

Status: Launched

Launch: 2025-02

Funding: $307M

Through NYSERDA

HEEHR Program

Status: Launched

Launch: 2025-05

Funding: $301M

EmPower+ integration

Administered by: NYSERDA | Total IRA allocation: $608M

View all states →

Electric Vehicles(2 programs)

Central Hudson EV Charger Rebate

$250-$500Rebate

New York EV Rebate

$6,952Rebate

HVAC / Heat Pumps(3 programs)

Con Edison Smart Thermostat Rebate

$50-$100Rebate

NYSEG Heat Pump Rebate

$500-$3,000Rebate

National Grid NY Heat Pump Rebate

$500-$3,000Rebate

Solar(6 programs)

Central Hudson Solar Panel Rebate

$500-$2,500Rebate

Con Edison Solar Panel Rebate

$500-$2,500Rebate

National Grid NY Solar Panel Rebate

$500-$2,500Rebate

New York Net Metering

VariesPolicy

New York Renewable Energy Property Tax Exemption

VariesTax Exemption

New York Solar Rebate Program

$2,439Rebate

Water Heating(3 programs)

Central Hudson Heat Pump Water Heater Rebate

$300-$750Rebate

NYSEG Heat Pump Water Heater Rebate

$300-$750Rebate

New York Water Heater Rebate

$1,115Rebate

Weatherization(2 programs)

Central Hudson Insulation & Air Sealing Rebate

$200-$1,000Rebate

New York Home Weatherization Rebate

$1,164Rebate

Federal Programs Available in New York

All 15 federal programs apply to New York residents and stack with state incentives.

Battery Storage Tax Credit30%ENERGY STAR Appliance Tax Credit30% up to $1,200 EV Charger Installation Credit (EVSE)30% up to $1,000 EV Tax Credit (New Clean Vehicle)Up to $7,500 Electric Panel Upgrade Credit30% up to $600 Energy-Efficient Commercial Building Deduction (179D)Up to $5.00/sq ft Energy-Efficient New Homes Credit (45L)Up to $5,000 Geothermal Heat Pump Tax Credit30%

View all federal programs →

Frequently Asked Questions

How many energy rebate programs are available in New York?

New York currently has 16 state-level energy incentive programs, plus all 15 federal programs that apply nationwide. These include tax credits, rebates, utility incentives, and financing programs.

Can New York residents claim federal energy tax credits?

Yes. All New York residents can claim federal energy tax credits including the 30% solar credit, up to $2,000 heat pump credit, and up to $7,500 EV credit, in addition to any New York-specific programs.

What are the IRA rebate programs in New York?

The IRA established two rebate programs: HOMES (for whole-home energy savings) and HEEHR (for electrification like heat pumps and appliances). Each state administers these programs independently. Check our New York state page for current launch status and funding details.

How do I apply for New York energy rebates?

Application processes vary by program. State tax credits are claimed on your state tax return. Utility rebates typically require submitting a form to your utility company. IRA rebates are applied at the point of sale through participating contractors.

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