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 New Jersey 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. Customers of Atlantic City Electric, Jersey Central Power & Light, PSE&G and Rockland Electric Company are generally eligible to apply for this rebate; however, funding is also available for oil, propane, and municipal electric utility customers.
Builders of new homes are not eligible to participate in the CoolAdvantage program but are encouraged to participate in the Residential New Construction program. New Jersey also offers incentives for water heaters, furnaces, and boilers through the WarmAdvantage program.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | New Jersey |
| Incentive Type: | Rebate Program |
| Web Site: | http://NJCleanEnergy.com/Cool |
| Administrator: | New Jersey Board of Public Utilities, Office of Clean Energy |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
Central AC: Tier 1 $300(Tier 1), $500 (Tier 2) Ductless Mini Split A/C or Heat Pump: $500 Air Source Heat Pump: $300 (Tier 1), $500(Tier 2) Geothermal Heat Pump: $500 |
| Eligible System Size: | Systems must be sized appropriately for the dwelling |
| Equipment Requirements: |
Central AC, Ductless Mini-Split, Heat Pump: minimum 16-18 SEER, 13 EER, 10 HSPF (heat pumps) Geothermal Heat Pumps: ENERGY STAR |
| Technologies: | Geothermal Heat Pumps, Heat pumps, Air conditioners |
| Sectors: | Residential, Multifamily Residential, Low Income Residential |
| Parameters: | The incentive is 500.00 $/Unit |
| Name: | CLEAResult - WarmAdvantage/COOLAdvantage Program |
| Address: |
75 Lincoln Highway, Suite 100 Iselin NJ 08830 |
| Phone: | (866) 657-6278 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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