Owen Electric - Residential Energy Efficiency Rebate Program

Owen Electric Cooperative, Inc. (OEC) serves more than 68,000 meters on approximately 4,700 miles of line across nine north-central Kentucky counties: Boone, Campbell, Carroll, Gallatin, Grant, Kenton, Owen, Pendleton and Scott. For residential members, Owen Electric offers rebates for the installation of energy efficient measures.

• Touchstone Energy Home: a rebate of up to $750 for a new home built to Touchstone Energy Home standards. Periodic inspections by cooperative representatives during construction are required to verify compliance.
• SimpleSaver / Bring Your Own Thermostat: $10 per enrolled qualifying Wi-Fi thermostat, up to two thermostats, with an additional $100 per thermostat available for thermostats purchased on or after March 2, 2019.
• Heat Pump Retrofit Program: for members replacing an existing electric resistance furnace, ceiling cable, baseboard or electric thermal storage heat source with a heat pump. Centrally ducted systems earn $750 at the current federal Department of Energy conservation standard or $1,000 at ENERGY STAR level or greater; ducted or ductless ENERGY STAR mini-splits earn $500 per indoor head unit, up to three head units per location per lifetime. The existing heat source must be at least two years old, new manufactured homes are eligible, and centrally ducted systems are limited to two incentive payments per location per lifetime.
• High Efficiency Heat Pump Program: for members replacing an existing heating system or heat pump with a new high efficiency unit. ENERGY STAR air-source heat pumps earn $500 and ENERGY STAR cold-climate air-source or geothermal heat pumps earn $1,000, limited to two incentives per calendar year and six per location per lifetime. ENERGY STAR heat pump water heaters earn $250, limited to two per calendar year and four per location; heat pump water heaters in new manufactured housing are not eligible.
• Button-Up Program: weatherization incentives of $100/Btuh up to $1,875, plus $500 for HVAC air sealing. The home must be at least two years old and use electricity as its primary heat source. A free in-home energy audit and a heat-loss calculation before and after the improvements are required to determine the payment, and air sealing measures require a pre- and post-improvement blower door test arranged before the work is performed.
• CARES low-income weatherization: the Community Assistance Resources for Energy Savings program pays an incentive to the Kentucky Community Action agency carrying out weatherization and energy efficiency work on a member's behalf.

See the program website for complete details and current rebate forms.