Residential HVAC
Did you know most people spend up to 48% of their energy bills on heating and cooling, making that the largest energy expense in most homes? Upgrading your HVAC system to a newer energy-efficient heat pump system may seem expensive, but when you factor in the lower running cost, less maintenance and longer lifespan, you will see a quicker return on your investment and save money for many years. For more information on heat pumps, be sure to visit WhyElectrify.com.
To Qualify
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Must be installed in a home served by OCREMC.
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Heat pumps are for whole-home installations only with exception of the Single-Room Mini-Split Heat Pump.
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An AHRI Certificate must accompany the application and invoice to be qualified. You can obtain the AHRI certificate from your contractor or from the manufacturer. Find your AHRI Certification.
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Limit of two (2) rebates allowed per member account per useful life of rebated equipment.
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Submission for rebates must be within 90 days of installation in the same calendar year.
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Incentive amount can not exceed 50% of equipment cost.
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Rebate program ends Dec. 13, 2024, and is subject to change without notice.
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Rebate may be mailed, brought to office, or emailed to mbelcher@myremc.coop.
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Questions?
Call 812-865-2229 ext 2036
Incentives
Air Source and Dual Fuel Heat Pump
Tier 1​
SEER2 rating 14.3 - 15.3
HSPF2 rating ≥ 7.6
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Tier 2
SEER2 rating 15.4 - 17.2
HSPF2 rating ≥ 7.6
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Tier 3
SEER2 rating 17.3 & up
HSPF2 rating ≥ 7.6
$300
$400
$500
Mini-Split Heat Pump
Whole Home
SEER2 rating ≥ 17.3
HSPF2 rating ≥ 7.6
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Single Room
SEER2 rating ≥ 17.3
HSPF2 rating ≥ 7.6
$500
$300
Geothermal Heat Pump
No minimum SEER2 rating