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Home Energy Upgrades & Efficiency

Save Money. Increase Comfort. Reduce Emissions.

Improving your home’s energy efficiency is one the most impactful actions we as community members can take to reduce greenhouse gas emissions AND make our homes more affordable and more comfortable. In a country where buildings waste 30% of energy due to inefficiencies, and where Americans incur an annual cost of $130 billion each year on wasted energy, it’s time we took advantage of the financial resources available and made our homes energy-efficient. 

Sorting through the technologies and rebates available in home energy upgrades can be confusing. Bedford 2030’s personal Energy Coach is available to help navigate this information and determine what solutions and financing options are best for you. Reaching out to Bedford 2030’s energy coach and getting an energy audit completed on your home can help determine which technologies and incentives are right for your home. Incentives are available for single family homes, apartments, and multi-family buildings! 

Financial resources for energy upgrades are available from several sources. The programs listed below all have different requirements, funding amounts, income eligibility, etc. The summaries below are not exhaustive. Please take a look at the detailed incentives tables linked below for more information and be sure to schedule a call with the energy coach for further guidance throughout the process. 

Residential Loan Information Sheet Fall 2023

  • On-Bill Recovery Loan: 
    • Loan payments built into your utility bill
  • Smart Energy Loan: 
    • A traditional loan that you repay each month
  • Renewable Energy Tax Bridge Loan: 
    • Short-term loan enabling you to finance certain federal and state renewable energy tax credits (e.g., solar, geothermal) interest-free if repaid within 18 months

Home Energy Efficiency Programs as of Fall 2023

State Energy Efficiency Programs

  • Comfort Homes: 
    • Air sealing and insulation incentives for owners or renters of single-family or 2-4 family homes.
  • EmPower+ Moderate Income: 
    • Incentives for air sealing, insulation and heating system upgrades with heat pumps available to owners or renters of single family or 2-4 family homes having incomes within certain ranges.
  • EmPower+ Low Income:  
    • Incentives for air sealing, insulation, heating system upgrades with heat pumps, lighting and refrigerators available to owners or renters of single family, 2-4 family or larger multifamily homes having incomes below certain limits.

Federal Energy Efficiency Program

  • Energy Star Tax Credit: 
    • Credits for insulation, Energy Star windows, doors, and roofs.
  • The Inflation Reduction Act provides for Home Energy Rebates for energy efficiency and electrification measures.
    • Home Efficiency Rebates (HER) are state-administered rebates based on energy savings performance of whole house energy retrofits.
    • Home Electrification and Appliance Rebates (HEAR) are income-dependent, point-of-sale rebates for home weatherization projects.

Ground Source Heat Pump and Air Source Heat Pump Incentives as of Fall 2023

  • ConEd: 
    • Ground-Source Heat Pump: Rebate of 50% of costs up to $25,000k ($35,000 in NYS-designated Disadvantaged Communities). 
    • Cold Climate Air-Source Heat Pump: Rebate of
      50% of costs up to $8,000 if fossil fuel heating system is fully decommissioned or 50% of costs up to $2,500 if paired with existing fossil fuel heating system for 1 and 2-unit homes (different amounts apply to 2-4 unit homes).
  • NYSEG
    • Ground-Source Heat Pump: Rebate of $1,500 per 10,000 Btu/h (~1 Ton) of heating capacity (~1 Ton of cooling capacity). 
    • Cold Climate Air-Source Heat Pump: Rebate ranging from $800 to $1,200 per 10,000 Btu/h of heating capacity (~1 Ton of cooling capacity), depending upon decommissioning of or integrating with existing fossil fuel heating system at 5℉. 
  • NY State Income Tax Credit
    • Ground-Source Heat Pump: 25% state income tax credit up to $5,000. 
  • Energy Star Federal Income Tax Credit
    • Specified for Air-Source Heat Pumps, a Federal income tax credit that offers up to 30% of the cost of qualifying products/equipment up to  $2,000.
  • Federal Residential Renewable Energy Tax Credit
    • Ground-Source Heat Pump: 30% tax credit with no cap. 
  • Inflation Reduction Act
    • Air-Source Heat Pump: Income-dependent
      point-of-sale rebates for heat pump projects up to $8,000
  • Office of Temporary and Disability Assistance
    • Ground-Source Heat Pump: $3,800 per 10,000 Btu/h of heating capacity up to 60,000 Btu/h capped at $20,000 when combined with energy efficiency work through EmPower+
    • Air Source: Air-Source Heat Pump: $3,000 / 10,000 Btu/h heating capacity up to 60,000 Btu/h capped at $20,000 when combined with energy efficiency work through EmPower+

Water Heating Incentives as of Fall 2023

  • ConEdison: 
    • 50% of unit cost, up to $1,000
  • NYSEG: 
    • Heat pump hot water heater: $700 per unit
  • Energy Star Federal Income Tax Credit: 
    • Income tax credit of 50% of the cost of a qualifying product up to $2,000
  • Inflation Reduction Act: 
    • Income-dependent point-of-sale rebate for heat pump projects up to $1,750
  • Office of Temporary and Disability Assistance
    • $3,000 per unit capped at $20,000 when combined with energy efficiency work through EmPower+