How much does Atlantic City Electric HVAC rebates pay?

Published amounts run from $100 to $10,000, depending on the upgrade and the conditions attached to it. Every amount and its conditions are listed on this page, each with the date it was last verified against the administrator's own page.

What disqualifies you from Atlantic City Electric HVAC rebates?

Geothermal replacing a gas, oil or propane system. Low- and moderate-income customers cannot add the $300 to the geothermal rebate.

Where do you apply for Atlantic City Electric HVAC rebates?

Program page: https://homeenergysavings.atlanticcityelectric.com/residential/rebates/hvac-efficiency-program.

Fix First Home › New Jersey › Atlantic City Electric HVAC rebates

Atlantic City Electric HVAC rebates open

Administered by Atlantic City Electric, through licensed HVAC contractors.

Atlantic City Electric pays $2,000 for a cold-climate heat pump until 30 June 2027, $500 or $750 for other heat pumps and mini-splits, $750 for a heat pump water heater, and up to $10,000 for geothermal replacing electric heat. Low- and moderate-income customers get $300 more per item, and 0% financing is offered.

source · verified 2 October 2026 · amounts in US dollars

What it pays

Rebates for installations from 1 July 2026 to 30 June 2027
Upgrade	Condition	Amount
Geothermal heat pump, new	Replacing an electric heating system; up to half the cost for replacements	$10,000
Geothermal heat pump replacing a geothermal one	Half the cost	$2,500
Cold-climate heat pump, ducted or ductless	15.2 SEER2, 10 EER2, 8.1 HSPF2, COP 1.75 at 5°F; NEEP/AHRI listed; 1 April 2026 to 30 June 2027	$2,000
Air-source heat pump, split or package	Tier 2: 17.1 SEER2	$750
Air-source heat pump, split or package	Tier 1: 15.2 SEER2	$500
Ductless mini-split heat pump	17.1 SEER2, 11.7 EER2, 7.8 HSPF2	$750
Heat pump water heater	ENERGY STAR	$750
Central air conditioner	$100 at 15.2 SEER2, $200 at 17	$100–$200
ENERGY STAR smart thermostat	With an HVAC installation; limited time	$150
ECM furnace fan		$100
Low- and moderate-income add-on	Per qualified item (not the geothermal add-on)	$300

The contractor installs the equipment and submits the rebate online.

Who is eligible

who: Atlantic City Electric residential customers, through a licensed HVAC contractor.
geothermal: Only for customers replacing an electric heating system; geothermal installed 1 January 2025 to 1 February 2026 had to be submitted by 30 June 2026.
financing: 0% interest financing is offered for upgrades.

What disqualifies you

The rules people find out about after the work is done.

Geothermal replacing a gas, oil or propane system.
Low- and moderate-income customers cannot add the $300 to the geothermal rebate.

Where the application goes

Work with a licensed contractor, who confirms eligibility and submits the rebate.

Where the application goes
If this is you	Apply here
Program page	homeenergysavings.atlanticcityelectric.com

The thing most pages get wrong

Atlantic City Electric's own banner still says 'Get up to $1,300 in HVAC Rebates!'. Its table pays $2,000 for a cold-climate heat pump from April 2026 and up to $10,000 for new geothermal replacing electric heat. Rebate guides that quote ACE at $1,300 match the banner, not the table.

The same job, two utilities

A geothermal heat pump replacing an electric furnace earns up to $10,000 (half the cost) from Atlantic City Electric and a flat $1,500 from JCP&L, both under the same statewide Triennium.

Gas customers

South Jersey Gas, which serves much of ACE's territory, pays its own gas equipment rebates and processes ACE's central air rebates with them.