Con Edison Rebate Programs 2026: Every Incentive Available to NY Customers

Con Edison customers in New York City and Westchester County can access a stack of rebates and incentive programs in 2026 that together could offset hundreds or even thousands of dollars on energy-efficient upgrades. Most of these programs are under-enrolled — meaning Con Edison is actively trying to give this money away and not enough customers know about it.

This guide covers every active program as of early 2026, organized by category, with eligibility notes and application links. At the end, we cover the demand response program through Meltek — the only rebate that pays you cash every year, not just once.

Con Edison offers a rebate of up to $85 for installing a qualifying smart thermostat connected to central air conditioning or a heat pump. Eligible models include Nest, Ecobee, Honeywell Home T9/T10, Sensi Touch, and others on the Con Edison approved product list.

How to claim: Purchase an eligible thermostat, install it, then submit a rebate application at coned.com/smartthermostat within 90 days of purchase. Processing takes approximately 6–8 weeks.

Tip: After getting the smart thermostat rebate, enroll the same thermostat in Con Edison's AC Rewards demand response program through Meltek. You can stack both incentives — the one-time rebate plus annual demand response payments.

New York is pushing hard toward heating electrification. Customers replacing oil or gas heating with a cold-climate heat pump air handler can stack multiple incentive programs:

• Con Edison rebate: $2,000–$4,500 for qualifying heat pump systems
• NYSERDA Clean Heat rebate: $1,000–$3,000 additional for whole-home heat pumps
• Federal IRA tax credit (25C): 30% of equipment cost, up to $2,000/year for heat pumps
• Total combined potential: $5,000–$9,500+ in incentives on a qualifying installation

Ground-source (geothermal) heat pumps qualify for both the NYSERDA program and the larger 30% federal ITC with no dollar cap under current IRA rules. Consult a NYSERDA-registered contractor to assess your home's eligibility.

Unlike appliance rebates that pay once, the Con Edison AC Rewards demand response program pays you annually — every summer season you're enrolled and participate.

Through Meltek, you can enroll in AC Rewards in under 3 minutes. Meltek handles all the event management automatically: it precools your home before each event so you stay comfortable, manages your thermostat during curtailment, and transfers your earnings to your bank account after the season ends.

Typical Con Edison AC Rewards earnings through Meltek: $60–$175 per season, depending on home size and event frequency.

Check your eligibility and enroll free →

1. Stack rebates on new appliances: When replacing any appliance, check coned.com/energyefficiency before buying. The rebate can influence which ENERGY STAR model you choose and should factor into the purchase decision.
2. Combine with federal IRA credits: For heat pumps, heat pump water heaters, and EV chargers, the federal 25C and 25D tax credits stack with Con Edison rebates. A CPA familiar with the IRA can confirm your eligibility.
3. Enroll in Time-of-Use pricing: Con Edison's EV TOU and residential TOU rate plans reduce your per-kWh rate overnight. Pair with an EV or smart appliances to shift load to cheap overnight hours.
4. Claim the appliance recycling bonus: If you have an old secondary refrigerator or freezer in a garage or basement, Con Edison will pick it up free and pay you $30–$50. Old chest freezers use 2–3× more energy than current models.
5. Enroll in demand response after your smart thermostat rebate: These are different programs — you can claim both. The one-time rebate gets you the thermostat; annual demand response pays your earnings every summer after that.