Rebates

About:
Heating and cooling is the largest energy consumer in your home. If you're not home during the day, leaving your thermostat too high in the winter and too low in the summer is a big waste of energy. A Nest smart thermostat allows you to control the climate in your home remotely (from your phone!) and shows your energy consumption in real-time. ENERGY STAR certified smart thermostats differ from regular and even programmable thermostats by learning your behaviors and adjusting automatically to maximize your energy usage.

Rebate amount: 
$50 when you sign up and $50 each year you're enrolled.

Potential savings on energy bill: 
Members can save up to 15% on their energy bill each month by installing a smart thermostat and enrolling in our program.

Load management program By enrolling in our program you also give Northeastern REMC the ability to nudge your thermostat up or down during peak usage times. For example, on the hottest day of the year when air conditioners are running the 30,0000 homes on our system, we can adjust your thermostat by 2 degrees to reduce some of the power being used by everyone. With enough people moving up their thermostat, it will save everyone money and energy.

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About:
Adding an efficient heat pump to your existing furnace will make your fuel dollars go further. Your furnace works best when outside temperatures require it to be in near constant operation (usually below 30º F). During more moderate weather, the add-on heat pump reaches peak efficiency (usually above 30º F). At this temperature, the heat pump will automatically take over. With both units installed in your home, you will have a flexible, more efficient system. In the winter, the add-on heat pump delivers more than three units of heat for every one unit of electricity it uses. In the summer, it becomes a high-efficiency central air conditioning unit. This heat pump automatically provides you with cool, dehumidified air all season long. 

Rebate amount: 
You will receive a $500 credit on your electric bill ($50 each month for ten months) when you install an add-on heat pump. 

Potential savings on energy bill: 
The amount a member can save varies by season and by usage, so it's difficult to make a general assumption of savings.

About:
Hot water is the second largest energy expense in the home. Water heating accounts for 18% of a family's total energy bill. An aging water heater can consume a lot of unnecessary energy per month. 

Rebate amount: 
For any new installation of an electric water heater that's 40 gallons or larger for a new residence/business, replacing a fossil fuel unit or replacing an existing water heater that's 15 years old or older, the member will receive up to a $380-$400 rebate credit on their electric bill.

Potential savings on energy bill: 
Members can save up to $100 on their bill each year by having an efficient water heater.

About:
Just a few feet below the surface, the temperature of the earth remains constant. A geothermal cooling and heating system uses this free energy to provide total comfort, 365 days a year. Using just a small electric blower to circulate the energy throughout the home, the geothermal system keeps the home cool in the summer and warm in the winter. No other system available today can match geothermal efficiency. And, there are no pilot lights or hazardous fumes, so you'll feel safe and secure.

It's no surprise that customers are making the switch to geothermal in record numbers. For more information contact us using the form on the right and we can provide you with a list of qualified installers.

Rebate amount: 
For any new installation of a geothermal unit in Northeastern REMC's service territory, we will rebate the homeowner $500 or $100 per ton of equipment size up to $1000, whichever is greater. The rebate is payable over ten months beginning as soon as the installation is complete. (Rebate does not apply if replacing an existing geothermal unit.)

Tax credits: 
Geothermal customers may also qualify for a property tax credit each year. A special tax form must be obtained from the resident's county auditor's office and filed each year.
Currently, installations of geothermal systems are eligible for a 30% federal tax credit through 2019 and 26% of total system cost in 2020.  Please visit energystar.gov for more information.

Potential savings on energy bill: 
Members can save up to 30% on air conditioning, 60% on heating and as much as 50% on water heating bills by using a geothermal cooling and heating system.