Grants and Rebates

Heat Pump Rebates

Your electric cooperative is offering an incentive to residential customers for upgrading to a new, more efficient air source or ground source heat pump heating and cooling system. Multiple rebates are also being offered through state and federal programs.

Eligibility

  • Members with one of the following electric heating/cooling systems: forced-air furnace systems, electric baseboard, electric ceiling cable, air source or ground source heat pumps
  • Members that replace less-efficient systems with an air source heat pump or geothermal heat pump that meets our minimum efficiency criteria
  • New home construction is not eligible for this rebate
  • Homes switching from gas, propane, wood or other forms of heating fuel that is not electric are not eligible for this rebate

Details

  • You can pair this rebate with any existing state, federal or local rebates or tax credits
  • The is rebate is $150 per ton for geothermal and $125 per ton for air source up to 10 tons total (residential applications only)
  • A heat loss/heat gain calculation will be required. As your HVAC contractor for one.
  • SEER, HSPF, COP and EER verification will be by AHRI certification sheet. As your HVAC contractor for one.
  • The rebate will be paid to members who replace their electric resistance or electric forced-air system with an electric air source heat pump or geothermal system with a verified AHRI minimum efficiency of:

Air Source
Heat Pump

SEER

HSPF

EER

Split System

15

8.5

12.5

Packaged System

14

8

12

Geothermal
Heat Pump

EER

COP

Closed Loop

14.1

3.3

Open Loop

16.2

3.6

How to claim your rebate

  • Present your completed rebate form with proof of purchase, installation, heat loss/heat gain calculation, and AHRI certificate
  • Allow 6 to 8 weeks for rebates to be processed

Additional rebates

State of Indiana Energy Star Appliance Rebate - details at
http://www.inenergyefficiency.com

State of Illinois Energy Star Appliance Rebate - details at
http://www.ildceo.net/dceo/Bureaus/Energy_Recycling/hvac.htm

State of Missouri Air Source Heat Pump Rebate - details at
http://www.dnr.mo.gov/transform/energizemissourirebate.htm

Federal Tax Credit - details at
http://www.energysavers.gov/financial/70010.html