Borough of Madison customers, New Jersey · Bill credit
Madison Electric Utility Heat Pump and EV Charger Rebates
Run by Borough of Madison Finance Department (Madison Electric Utility)
Madison Electric Utility residential customers who replace gas, oil or propane heat or hot water get a utility bill credit: $600 or $1,000 for a heat pump, $400 for a ductless mini-split and $750 for a heat pump water heater. A home Level 2 EV charger gets $300. Up to $2,000 per customer.
Amounts
How much you get
Heat pump $600 (Tier 1, SEER2 > 15.2) or $1,000 (Tier 2, SEER2 > 17.1); ductless mini-split $400; heat pump water heater $750; Level 2 EV charger $300. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| Tier 1 (SEER2 > 15.2)Heat pump | $600 |
| Tier 2 (SEER2 > 17.1)Heat pump | $1,000 |
| HSPF > 9), single or multi-zoneDuctless mini-split (EER2 > 12 | $400 |
| Heat pump water heater | $750 |
| Permanently installedLevel 2 EV charger | $300 |
Capped at $2,000 per household.
Eligibility
Do I qualify?
You need to meet all 3 of these.
Residents of the Borough of Madison with a Madison Electric Utility account, who live in the home. Residences only; landlords and commercial spaces aren't eligible.
Heat pumps and heat pump water heaters must replace older natural gas, oil or propane heat or hot water systems. New construction, tear-downs and new additions aren't eligible (except for EV chargers). Installations must be after September 1, 2024.
All permits must be filed and Building Department inspections passed before the rebate is issued. Applying before the work starts is recommended.
What to doApply before starting, then pull permits and pass the borough's final inspections.
Equipment
What equipment counts
The program sets these minimums.
Tier 1 SEER2 > 15.2; Tier 2 SEER2 > 17.1; both also EER2 > 11.7 and HSPF > 7.8.
EER2 > 12, HSPF > 9.
Applying
How to apply
You apply online.
- Check that your project qualifies.
- Fill out the rebate application, ideally before the work starts.
Include the make and model of the system you plan to install.
- Finance and Building Departments review it (2-3 weeks).
- Complete the work, pass final inspections and send final documentation.
- Receive a credit on your utility account (4-6 weeks after approval).
Questions about applyingrebate@rosenet.org
Stacking
Use it with
Your address
Next steps
Check that it covers your address. Then, if you want, ask for a contractor quote.
Is it available at your address?
Before anything else
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does Madison Electric Utility Heat Pump and EV Charger Rebates pay?
$300 to $1,000, depending on what you install. The table under How much you get lists each amount. Capped at $2,000 per household.
Do I need to be a Borough of Madison customer?
Yes. It’s only for homes in Borough of Madison customers, New Jersey. See Do I qualify for the details.
Do I need approval before I buy?
All permits must be filed and Building Department inspections passed before the rebate is issued. Applying before the work starts is recommended. Apply before starting, then pull permits and pass the borough's final inspections.
Is it still available?
Yes. It was open when we last checked, on October 25, 2026.
Plain words
Words used on this page
- SEER2 and EER2
- Cooling efficiency ratings on the model’s spec sheet. Higher is better.
References
Sources
This page is built from these official pages, run by the program itself.
When one of these pages changes, we re-check this page against it.
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