HVAC Rebates & Tax Credits in New Jersey

HVAC Rebates & Tax Credits in New Jersey

Upgrading your home's heating, ventilation, and air conditioning (HVAC) system can significantly enhance comfort and energy efficiency. However, the initial investment can be substantial. Fortunately, homeowners in New Jersey have access to various federal tax credits and state-specific rebates that can offset these costs. Understanding these incentives can help you make informed decisions and maximize your savings.

Federal Tax Credits for Energy-Efficient HVAC Systems

The federal government offers tax incentives to encourage homeowners to adopt energy-efficient technologies. Under the Inflation Reduction Act of 2022, several tax credits are available through 2032 for qualifying HVAC systems:

· Air source heat pumps: Homeowners can claim a tax credit of up to 30% of the installation cost, capped at $2,000. These systems provide both heating and cooling, making them a versatile choice for year-round comfort.

· Central air conditioners: Qualifying units are eligible for a tax credit of up to 30% of the cost, with a maximum of $600. To be eligible, systems must meet specific energy efficiency criteria, such as a Seasonal Energy Efficiency Ratio (SEER2) of 16 or higher.

· Gas furnaces: High-efficiency gas furnaces with an Annual Fuel Utilization Efficiency (AFUE) rating of 97% or higher may qualify for a tax credit of up to 30% of the cost, also capped at $600.

To claim these credits, ensure that your chosen equipment meets the ENERGY STAR® certification and efficiency requirements. Consult with a tax professional to accurately file for these credits using IRS Form 5695.

New Jersey State Rebates and Incentives

In addition to federal tax credits, New Jersey offers state-specific programs to promote energy efficiency:

Utility Company Rebates: Many utility providers in New Jersey, such as PSE&G, Jersey Central Power & Light, South Jersey GasNew Jersey Natural Gas (NJN) and Atlantic City Electric (ACE) offer rebates for energy-efficient HVAC installations. These programs often have specific requirements and may require using approved contractors. Contact your utility provider or visit their website to learn about available incentives.

Combining Federal & State Incentives

Homeowners can maximize savings by combining federal tax credits with state and utility rebates. For instance, you might receive a rebate from NJCEP for installing a high-efficiency heat pump and also claim a federal tax credit for the same equipment.

It's important to note that while you can combine these incentives, each program has its own application process and eligibility requirements. Ensure you adhere to all guidelines and submit the necessary documentation for each.

Steps to Take Advantage of HVAC Incentives

1. Assess your current system: Determine if upgrading your HVAC system will provide significant energy savings and improved comfort.

2. Research qualified equipment: Look for HVAC systems that meet or exceed the efficiency standards required for federal and state incentives. ENERGY STAR® certified products are a good starting point.

3. Consult with professionals: Engage with certified HVAC contractors familiar with New Jersey's rebate programs and federal tax credits. They can provide guidance on eligible equipment and assist with the application processes.

4. Apply for rebates and credits: After installation, promptly submit all required documentation to claim your rebates and tax credits. Keep copies of all receipts and certifications for your records. With Bovio Rubino Service, we handle all the necessary rebate paperwork for you! 

Upgrading to an energy-efficient HVAC system in New Jersey can work for your budget, thanks to the availability of federal tax credits and state-specific rebates. By understanding and leveraging these incentives, you can reduce the upfront costs of your new system and enjoy long-term energy savings.

Contact Us Now for Assistance. We're Here Around the Clock.

If you want to learn more about how you can take advantage of tax credits and rebates while upgrading your home’s HVAC system, reach out to Bovio Rubino Service for personalized assistance. We'll handle the rebate paperwork for you!

At Bovio Rubino Service, we believe that when you need help, you deserve to speak with a real person—not a chatbot or an answering service. That’s why we’re available 24/7, with knowledgeable professionals ready to assist you at any hour of the day or night. Unlike most companies that rely on automated responses after business hours, we ensure that whenever you call, you’ll reach a real expert who can address your concerns immediately. Because when a problem arises, you shouldn’t have to wait until morning to get the help you need.

You can contact us online or call (856) 272-7000 to reach a real person who can help you answer your questions and schedule an appointment.

Through a Competitive Application Process South Jersey Rising Juniors and Seniors Selected for Exposure to Careers, Entrepreneurship and Wellness

The Bovio Rubino Service Young Women’s Leadership Conference takes place on Wednesday, July 15 at the HVAC and Plumbing Services company’s headquarters in Voorhees.

The 13 South Jersey young women selected to attend the Conference are all rising juniors and seniors at local high schools. They completed applications and were chosen through a competitive process. At the Conference they will gain exposure to career paths, entrepreneurship, financial literacy, problem solving and mind and body wellness. A community service project benefitting Cathedral Kitchen in Camden is also planned.

Subject matter experts presenting at the Young Women’s Leadership Conference in addition to Hines include CEO of ACCU Staffing Elaine M. Damm, Senior Investment Manager at Aberdeen plc Zoe McCormick, Jennifer Nagle, Vice President of External Affairs and Special Projects, Philadelphia Convention and Visitors Bureau, Senior Product Manager at SimpliSafe Molly Nugiel, Founder of Higher Minds Laura Rubino and Dr. Barbara Winfield, owner of Family Practice Associates of Voorhees.

After being named one of the top 12 Women in HVAC in America in 2025 by ACHR News, Hines made advancing young women the Bovio Rubino Service community case for 2026. According to the U.S. Bureau of Labor Statistics (BLS) women made up 1.5 percent of HVAC mechanics and installers in 2021. Even fewer women own and run HVAC and Plumbing service companies independently. Hines had few women role models coming up in the business.

“I want to give young women every opportunity for success as they advance in life, both in their careers and as citizens,” Hines, a Mom of two daughters in college and high school, said. “As the owner of a thriving, independent, family-owned business in South Jersey, it’s my way of paying it forward. We are very busy designing the Conference ensuring it will have high impact on the young women in attendance.”

The Bovio Rubino Service Young Women’s Leadership Conference is the program highlight of the HVAC and Plumbing Service company’s 2026 community cause “LeadHERship in ’26” which advances opportunities for young women through career readiness, entrepreneurship, community betterment and a personal health and wellness mindset.

About Bovio Rubino Service
Mom-owned and values-driven, since 1974 Bovio Rubino Service is family-owned and independently operated. Driven by accountability and principles, Bovio Rubino Service promises to treat its customers with honesty and integrity while providing South Jersey homeowners with high-quality HVAC and Plumbing products and service including installation, maintenance and repairs. With morals and good manners, we take care of our customers with highly skilled technicians, always striving to do what is right with unequaled passion. For additional information, contact Lisa Simon of SPRYTE Communications, lsimon@sprytecom.com, 856.857.6555 x22 or visit Bovio Rubino Service.