Effective January 1, 2015 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.
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:
Parke County REMC does not provide maintenance of the water heater. However, REMC will provide the parts listed below at no cost to members that have a load control switch installed on their water heater.
Parts and Service provided:
Click here for rebate form.
Air Source Heat Pumps
To qualify for the bill credit of $150 (15 SEER), $350 (16 SEER), or $500 (17 and above SEER), you must be a member of the REMC and meet the following requirements:
The rebates are structured as follows:
15 SEER $150 rebate paid out in 2-$75 bill credits
16 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.
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. Same requirements apply for the geothermal heat pump as they are for the heat pumps.
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.
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.
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:
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.
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