Up to $12,000 in rebates from 4 programs. 2 licensed installers based in Palisades Park.
A typical ducted air-source heat pump, whole home (~3 ton, ~2,000 sq ft) costs $20,000 installed. Most jobs land between $14,000 and $28,000 (variable-speed ducted heat pump outdoor unit and air handler sized ~3 tons, line set, refrigerant, thermostat, condensate, electrical circuit, removal of old equipment, permit, commissioning, using existing usable ductwork. excludes new/replacement ductwork (+~$4,500 average, nescaum) and panel/service upgrade (see panel_upgrade_200a). typical = northeast program invoice data of ~$6,600-$6,900/ton x 3 tons.). With the biggest rebate on offer here ($12,000), a typical job could cost you as little as $8,000.
Cost sources: MA EEAC / NMR - 2024/2025 Residential Heat Pump Pricing Study (MA25X05-BR-RHPINV2), ducted ~ $6,912/ton (Aug 2025$); CT DEEP - CTAC Q&A tracker (average ASHP cost ~ $6,600/ton, 2024 CT installs); NESCAUM/OTC - Heat Pumps in the Northeast and Mid-Atlantic: Costs and Market Trends (ASHP total install $12,000-$23,000). Rebates come with conditions (equipment, income, approved contractor), so check each program.
Full conversion from gas/delivered fuel: lesser of $10,000 or 50% of project cost (LMI: lesser of $12,000 or 60%); dual-fuel and hybrid tiers lower
up to $7,500 in rebates
$750 post-purchase rebate
$300 (Tier 1) / $450 (Tier 2) split-system ASHP; $600 cold-climate ASHP, instant at participating contractor