Financing Available for Heating and Cooling UpgradesInterested in financing opportunities for high-efficiency heating and cooling equipment? You may qualify for 0% interest loans for recommended energy-efficient improvements. Find out more about financing options here.Get up to $1,200 in HVAC Rebates!Nearly half of the energy in your home goes to heating and cooling. If your HVAC equipment is more than 10 years old, replacing it with high-efficiency equipment can save you up to 20% on heating and cooling costs.*Get up to $1,200 in rebates when you upgrade to a more energy-efficient system. If you have multiple systems in your home you may be eligible for more than one rebate. Be sure to work with a licensed HVAC contractor to install your high-efficiency equipment and submit your rebate online.You may be eligible to receive 30% of the cost of high-efficiency ENERGY STAR® certified air source heat pumps with Inflation Reduction Act federal tax credits** (up to $2,000 each). For more information, visit Air Source Heat Pumps Tax Credit or talk with your contractor.High-Efficiency HVAC Equipment:Equipment(AHRI Rated)Minimum Efficiency RequirementsRebateNew 2023 SpecificationsCentral Air Conditioner Tier 1≥ 15.2 SEER2 and ≥ 12 EER2$300Central Air Conditioner Tier 2≥ 16 SEER2 and ≥ 12 EER2$500Air Source Heat Pump Tier 1≥ 15.2 SEER2, ≥ 11.7 EER2 and ≥ 7.8 HSPF2$600Air Source Heat Pump Tier 2≥ 17.1 SEER2, ≥ 11.7 EER2 and ≥ 7.8 HSPF2$1,000Air source heat pump–cold climate (COP 1.75 at 5 degrees F)≥ 15.2 SEER2, ≥ 10 EER2, and ≥ 8.1 HSPF2$1,000Mini-Split Heat PumpSingle: ≥ 20 SEER2, ≥ 12 EER2 and ≥ 9 HSPF2$400Multi: ≥ 18 SEER2, ≥ 12 EER2 and ≥ 9 HSPF2Ductless Mini-Split A/C≥ 20 SEER2, ≥ 12.5 EER2$500 EquipmentMinimum RequirementsRebateFurnace Fans (ECM motor install)Purchase and installation of a high efficiency brushless permanent magnet fan motor(BPM) or electrically commutated motor (ECM) to replace a permanent split capacitor (PSC) motor. Only eligible on existing equipment.$100ENERGY STAR Certified Smart Thermostat (Gas Heat w/CAC, Electric A/C and Heat, Electric A/C and No Natural Gas)***New installation or replacement of a manual or conventional programmable thermostat with ENERGY STAR® certified thermostat. Only eligible when paired with an HVAC installation.$100Enhanced Rebates for Low to Moderate Income CustomersEligible customers may receive an additional $200 rebate per measure for all qualified HVAC equipment, excluding smart thermostats and furnace fans. Talk to your installation contractor to confirm eligibility.Is It Time to Replace Your HVAC System? If your equipment is more than 10 years old, it's time to consider replacing it with a new high-efficiency system that can add up to big energy savings. Don't wait for your equipment to stop working. Find out if it's time for you to make a change.Rebate ApplicationsYour HVAC contractor will submit your rebate online however, if you prefer to submit a paper application instead of applying through the online portal then select the appropriate application below.ACE Application – For ACE customers only applying for electric rebates.ACE & South Jersey Gas Application – For ACE customers and South Jersey Gas customers applying for both electric rebates and gas rebates.ACE & New Jersey Natural Gas Application – For ACE customers and New Jersey Natural Gas customers applying for both electric rebates and gas rebates.ACE & PSE&G Application – For ACE customers and PSE&G Gas customers applying for both electric rebates and gas rebates.Want to Become a Participating Contractor?We’ll provide you with training and other helpful resources to support your success, and you can help customers make energy-saving improvements. Click here to learn how.*source: energystar.gov**Atlantic City Electric is not a qualified tax consultant. This information is not intended as personal tax advice. Please contact a tax professional or CPA to confirm details specific to your qualifications and eligibility or visit www.irs.gov to learn more. ***Offer valid when purchased with an energy-efficient heating or cooling unit.Seasonal Energy Efficiency Ratio (SEER) is most commonly used to measure the efficiency of a central air conditioner operating over an entire cooling season. The higher the SEER, the more efficient the system. Energy Efficiency Ratio (EER) is a measure of how efficiently a cooling system will operate when the outdoor temperature is at a specific level (95°F). The higher the EER, the more efficient the system. The Department of Energy has changed the test procedures that AHRI uses for residential HVAC equipment to reflect more realistic operating conditions. The HVAC efficiency metrics SEER, EER and HSPF are changing to SEER2, EER2, and HSPF2 as of January 1, 2023. The new federal standard raises the minimum efficiency levels of equipment that can be sold in the market. Units that are currently rated SEER, EER and HSPF will continue to be eligible for incentives through June 30, 2023. Units rated SEER2, EER2 and HSPF2 will have the same rebate amounts as the SEER/EER/HSPF units. AHRI may list both SEER/EER/HSPF and SEER2, EER2 and HSPF2 information on the AHRI certificate. If that is the case, please list systems with the SEER/EER/HSPF information on your applications until further notice. Should your system only have SEER2, EER2 and HSPF2 information, we will ensure your system is processed.