Solar & Battery Regulation & Incentive Programs

COOLAdvantage Program

Program Overview


Category:
Financial Incentive
Program Type:
Rebate Program
Implementing Sector:
State
State:
New Jersey
Eligible Storage Technologies:
Geothermal Heat Pumps, Clothes Washers, Refrigerators/Freezers, Heat pumps, Air conditioners
Website:
http://NJCleanEnergy.com/Cool
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
Administrator:
New Jersey Board of Public Utilities, Office of Clean Energy
Applicable Sectors:
Residential, Multifamily Residential, Low Income Residential
Utility:
Atlantic City Electric Co, Jersey Central Power & Lt Co, Public Service Elec & Gas Co, Rockland Electric Co
Last Updated:
12/06/2016
Funding Source
New Jersey Societal Benefits Charge (public benefits fund); State Energy Program (SEP) funds

Eligibility Criteria

EligibilitySectorsTechnologies
$/Unit500.0000
Residential
Multifamily Residential
Low Income Residential
Geothermal Heat Pumps
Heat pumps
Air conditioners

Summary

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.