Multifamily Natural Gas Furnace Incentive
- Rebate Offer:
- Market Rate: Up to 50% of Measure Cost – Income Eligible: Up to 75% of Measure Cost
- Incentive Duration
- 01/01/24 - 12/31/24
- Average Initial Cost
- $1,800 - $2,300
- Average Lifetime Savings
- $1,275 - $1,550
- Average Lifespan
- 20 Years
Alert:
In line with the Department of Energy and Environmental Protection (DEEP) Final Determination of the 2022 – 2024 Plan, the Sponsors of Energize ConnecticutSM are discontinuing rebates and incentives for natural gas equipment as of December 31, 2024. Customers currently working with contractors to replace their natural gas equipment have until December 31, 2024 to complete the installation of measures to be eligible for applicable rebates. All natural gas equipment sales must take place on or before December 31, 2024 to be eligible for point of sale (midstream) incentives.
How to get started
Check Eligibility
- Customers of Eversource, Connecticut Natural Gas, Southern Connecticut Gas and United Illuminating with multifamily buildings or complexes of five or more units in Connecticut may be eligible for the Multifamily Initiative.
- Must be replacing an inefficient non-condensing furnace with a new, efficient condensing furnace.
- Federal tax credits may be available. Learn more about the IRA tax credits here or speak to your tax preparer.
Note: Natural gas incentives will continue for individual combustion equipment in multifamily buildings.
Technical Details
- Furnaces must be AHRI rated to qualify for a rebate and must have an AFUE or Thermal Efficiency of 95% or higher.
Tip: Explore alternatives to fossil fuel equipment. Heat pumps are a clean, efficient alternative to a natural gas furnace.
What is the process?
Please follow the steps below to apply for the Multifamily Initiative:
Complete the application and submit it to your utility company, along with your or your contractor’s proposal(s) for energy efficiency upgrades. Your utility company will then review both your application and proposal(s).
Once your application is approved, a pre-inspection of proposed upgrades may be conducted. Afterward, the utility will issue a Letter of Agreement, which serves as a formal commitment to the incentives.
After the energy efficiency upgrades are installed, a post-inspection will be performed. Upon successful completion, the incentive payment will be issued for qualifying upgrades.
Email us for more information:
Eversource: multifamily@eversource.com
United Illuminating: Multifamily.Initiative@uinet.com
