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Rebate Programs

Effective January 1, 2014 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:

  • 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 residence or business or new home or business construction.

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 done Monday through Friday from 8:00 am - 3:00 pm. No holiday or after work hours calls. However, members may pick up the parts listed below free of charge at our office.

  • Element
  • Thermostat
  • Install a new Load Control Switch
  • Rebate must be submitted with all relevant information within 120 days of install completion date.
  • The rebate is two per home or business and must be an active unit.

Not Provided:

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

Click here for rebate form.
Our power supplier, Wabash Valley Power, also has a Heat Pump Water Heater Rebate
click here for rebate form and requirements.

* It is my understanding to qualify for the rebate I am allowing the install of a load management switch that may be subject to operation for load reduction.  I also understand if I remove or request the switch be removed, I will be billed the amount of the rebated to be paid within thirty (30) days after the switch is removed.

Air Source 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 provide a copy of the AHRI 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 residence or business or new home or business construction
  • Rebate must be submitted with all relevant information within 120 days of install completion date.
  • The rebate is two per home or business
  • Mini Split systems do not qualify for rebates.

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 (3) $100 bill credits and (1) $50 bill credit
  • 17 SEER and above $500 rebate paid out in (5) $100 bill credits

Click here for our rebate form.

Our power supplier, Wabash Valley Power, also has rebates available for existing total-electric homes. Click here for rebate requirements and form.

* It is my understanding to qualify for the rebate I am allowing the install of a load management switch that may be subject to operation for load reduction.  I also understand if I remove or request the switch be removed, I will be billed the amount of the rebated to be paid within thirty (30) days after the switch is removed.

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 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.

* Rebate must be submitted with all relevant information within 120 days of install completion date.

Click here for our rebate form.

Our power supplier, Wabash Valley Power, also has rebates available for existing total-electric homes. Click here for rebate requirements and form.

* It is my understanding to qualify for the rebate I am allowing the install of a load management switch that may be subject to operation for load reduction.  I also understand if I remove or request the switch be removed, I will be billed the amount of the rebated to be paid within thirty (30) days after the switch is removed.

REMC Offers Efficiency Incentives to Commercial and Industrial Members

Commercial and industrial Parke County REMC members now have another good reason to install equipment that improves energy efficiency: they can now earn a wide array of incentives for those improvements.
Commerical and industrial members who make specific upgrades to lighting and HVAC (heating, ventilation, and air conditioning) may qualify for incentives from Wabash Valley Power Association, the power supplier to Parke County REMC.
The lighting incentive program provides incentives for replacing interior lighting equipment in existing facilities. The amount of the incentive depends upon the type of improvement. The HVAC incentive program is similar.
All installed equipment must be new and must meet the technical specifications. Pre-approval is required for some improvements. Complete details and applications are available by visiting www.powermoves.com.

Second Refrigerator or Freezer Recycling Program

If you have an old second refrigerator or freezer parked in your garage keeping your soda pop or ice cream cold, it's probably costing you more money than you think. Did you know that it could use up to five times more electricity than a newer model, costing you an extra $100 or more each year in electricity?

Parke County REMC’s new appliance recycling program offers our members a quick and easy way to reduce your energy bill. Recycling your old refrigerator or stand-alone freezer is:

  • Economical – Not only will you save money on your electric bill each month, but you’ll receive a $35 bounty on your old appliance.
  • Convenient – We’ll come pick up your appliance for free, at a day and time that works for you.
  • Environmentally Responsible – We’ll recycle over 95% of the appliance materials, and dispose of any hazardous materials according to EPA guidelines.

Schedule your appliance pick-up today by clicking here, or by calling (877) 395-5535.

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