New rebate programs to help you save
Energy savings from Cuivre River Electric Cooperative's (CREC) rebate program continue to grow and there are new rebates being offered this year that members can take advantage of.
The goal of the rebate program is to improve operating efficiency (including energy demand and kilowatt-hour use) across the cooperative-owned power supply network 24 hours a day, 365 days a year. Improved efficiency helps reduce costs for all members.
The Take Control & Save (TCS) program is funded primarily by power supplier Associated Electric Cooperative, with CREC also contributing funds.
The rebate program is reviewed annually and updated to ensure members’ needs are met. As a result, here are new or updated rebates that went into effect April 1:
- Heat pump water heaters — Up to $500 (not to exceed 50 percent of the total cost). The energy-efficiency rating must meet the U.S. Department of Energy standards. Limit two per member address.
- Advanced thermostats — Up to $50 rebate for an Energy Star “smart” thermostat (not to exceed 50 percent of the total cost). This is for new construction or the replacement of an existing non-Energy Star thermostat. It can be used with any type of heating and cooling system. Limit two per member address.
- Dual-fuel and mini-split heat units — The SEER (Seasonal Energy Efficiency Ratio) rating will change to Energy Star plus 2. This puts the rating at a minimum of 17 SEER to qualify. Previously, the minimum SEER rating was 16.5. SEER measures cooling efficiency.
- Business lighting — Rebates will only be offered for retrofit projects and will no longer be approved for new construction.
Rebates for ground-source heat pumps ($750 per ton), basement insulation and electric water heaters ($50) will remain the same.
“We are pleased to offer these rebates to our members to help them be more efficient in their energy usage and save money," said Chris Ryan, manager of member services and IT. "Increasing efficiency also helps to lower our peak demand load as we adapt to changes in the electric industry.”
Since the TCS program was introduced in 2008, families and businesses have received more than $4.4 million in rebates. CREC members have installed more than 6,654 tons of high efficiency heating and cooling. Energy demand savings from Ground Source Heat Pump (GSHP) and Dual-Fuel Heat Pump installations exceed 4 megawatts compared to standard electric heating systems.
For more information, please contact Tim Hooton at 800-392-3709 ext. 4732 or email@example.com.