Rebate Programs

Effective August 1, 2009, programs subject to change

Parke County REMC has updated their current incentive programs to promote efficiency. As you can see by the breakdown of rebates, the more efficient your heating and cooling system is the higher your rebate amount will be.

Water Heaters

To qualify for the bill credit of $50 (50 gal or greater) or $150 (80 gal or greater), you must be a member of the REMC, and meet the following requirements:

• Install an Energy Efficient electric water heater
  
• Water heater must be at least 92% efficient
  
• Provide proof of purchase of Energy Efficient electric water heater
  
• Must be willing to allow Parke County REMC to install a load management switch on
  the water heater.
  
• Must be installing a new electric water heater in a full-time residency or business or new home or business construction OR replacing a non-electric water heater OR replacing an existing water heater that is more than 5 years old

Parke County REMC does not provide free maintenance of the water heater and will begin charging a trip fee of $80 effective August 1, 2009. Service will only be on the normal workdays of Monday thru Friday during the hours of 8:00 am - 3:00 pm. No holiday or after work hours calls. However, REMC will provide the parts listed below at no cost to the member.

• Element
  
• Thermostat
  
• Install a new Load Control Switch
  

Not Provided:

• Installation of a water heater
  
• Replace Anode Rod
  
• Replace Fill Tube
  
• Replacement of Drain Valve
  
• Any type of Plumbing
  
  

Air Source Heat Pumps- Includes Dual Fuel/Hybrid Heat Pumps

To qualify for the bill credit of $150 (14 SEER), $350 (16 SEER), or $500 (17 SEER), you must be a member of the REMC and meet the following requirements:

• Must be Installing an energy efficient Heat Pump
  
• Must provide a copy of the ARI certificate
  
• Provide REMC personnel access to the installed heat pump for an inspection
  
• Must be willing to allow Parke County REMC to install a load management
  switch on the heat pump
  
• Must be installing the system in a full-time residency or business or new home or business construction OR replacing an existing heat pump that has a SEER rating less than 10 SEER
  

System must be rated at the minimum SEER rating on the rebate schedule to qualify for that rebate.

The rebates are structured as follows:

• 14 through 15.5 SEER $150 rebate paid out in (2) $75 bill credits
• 16 through 16.5 SEER $350 rebate paid out in (2) $175 bill credits
• 17 SEER and above $500 rebate paid out in (5) $100 bill credits

Geothermal Heat Pumps

Parke County REMC offers a rebate for the installation of a Geothermal HVAC system. The $800 rebate is one per home or business. Rebates will be paid in the form of (8) $100 bill credits after certificate of purchase and installation is provided to Parke County REMC. The HVAC system return air ducts must be insulated to a minimum of R-19 if they are located within an unheated portion of the home. The same requirements apply for the geothermal heat pump as for heat pumps.

The Rebate

The homeowner is considered the person(s) whose name is on the Parke County REMC electric bill. In cases of a home being constructed by a building contractor who is building a spec home, the rebate can go to the builder. The home must be completed and ready for occupancy. If the home is being built for someone on contract, the rebate will go to the person who is having the home built. Parke County REMC shall apply the rebate after paperwork is completed. In a rental home or apartments, the rebates shall go
to the landlord/owner.

Rebates will be issued after the agreement has been signed and the proper forms have been provided.