Rebates

The New York State Energy Research and Development Authority (NYSERDA) provides rebates for the installation of ground source heat pump (GSHP) systems at single-family/multifamily residential, commercial, institutional, and industrial sites. Rebates will be granted to GSHP systems installed after January 1, 2017, on a first-come, first-served basis, with applications accepted through June 30, 2019. Eligible sites include new and existing buildings installing a GSHP system for space heating and cooling, domestic hot water, and/or process heating that pay or will pay the surcharge. 

Only participating designers and participating installers are eligible to submit rebate applications, and GSHP systems must be

Wabash Valley Power Association (WVPA) is a generation and transmission cooperative which provides wholesale electricity to 28 distribution systems in Indiana, Ohio, Michigan, Missouri, and Illinois. View the WVPA membership webpage to view all participating members of the association. WVPA offers a number of rebates to residential customers of these member organizations. Rebates are available for heat pump water heaters, geothermal and air-source heat pumps, and HVAC equipment.

A signed application and installation invoice must be received by Wabash Valley Power within 60 days of the installation completion date. View the program website listed above for more program or equipment

Maryland provides a tax credit to taxpayers who install energy storage systems in their residential or commercial property. The tax credit is 30 percent of the total installed costs of the system, up to $5,000 for residential property and $150,000 for commercial property. Taxpayers must apply to the Maryland Energy Administration (MEA) to receive a tax credit certificate, which then qualifies them for the tax credit. MEA will award up to $750,000 in energy storage tax credits each year on a first come, first served basis while funding is available. MEA is reserving $300,000 for residential taxpayers and $450,000 for

NV Energy is providing incentives for its customers to install energy storage systems at their homes and facilities.  To be eligible, customers must either have previously installed a renewable energy system or are currently installing one alongside their energy storage system. Standalone energy storage systems are not eligible.

All incentive levels will step down over time as certain budget thresholds are met. See website for current rebate amounts. 

Murfreesboro Electric Department, in collaboration with the Tennessee Valley Authority offers financing to its residential customer to help pay for new heat pumps through their Energy Right Heat Pump Program. Customers can finance up to $15,000 and pay in monthly installments on their utility bills. The loans can be paid off in as many as 10 years. There is a $45.00 security filing fee. The heat pump must be installed by a program-qualified contractor.

As of 6/1/22, the RENU Loan Program has effectively migrated to the Colorado Clean Energy Fund. Please direct all RENU inquiries to renu@cocleanenergyfund.com. You can find updated RENU resources & information by visiting www.cocleanenergyfund.com/renu

The Colorado Clean Energy Fund provides loans for home energy upgrades through the Residential Energy Upgrade (RENU) Loan Program. Participants must work with a RENU-approved contractor to identify energy improvements and receive a cost estimate. Customers must then apply for the loan through Elevations Credit Union.  See website above for more information.

Who is Eligible for RENU?

Property owners of existing, single-family homes in Colorado including

Alabama Power Co. is an electric utility that serves 1.4 million customers electricity. Alabama Power Co. offers rebates to customers who make the switch from a gas to a hybrid water heater. To qualify, customers must own their home, townhome, or condo. This rebate will be available for a limited time only. Contact the utility or visit the program website for more information.

Central Georgia EMC offers a loan program to homeowners who wish to pursue energy efficiency improvements. All energy efficiency improvements must meet Energy Star Criteria in order to qualify for the loan program. Loan amounts vary depending on the project. 

If a customer needs help determining what energy efficiency improvements could be made in their home, Central Georgia EMC offers in-home energy audits. To find out more about audits, contact the utility through its website or call (770)-775-7857.

Jackson Electric Membership Corporation (EMC) is an electric cooperative that serves 194,000 in 10 northeast Georgia counties. For its residential customers, Jackson EMC offers a low-interest loan for energy efficient improvements. Qualification for the loan program is based on individual creditworthiness as well as the utility's own standards. This is a limited time offer and rates are subject to change. Visit the program website for more information.

Massachusetts Clean Energy Center(MassCEC) provides rebates for the installation of small-scale ground-source heat pump (“GSHP”) systems, as part of MassCEC's Clean Heating & Cooling programs. Through the program, MassCEC supports new and retrofit ground-source heat pump installations by single-family, with incentive adders to low-income families.

Rebate Levels: 

New GSHP installations: 

Residential rebates are limited to the first 5 tons through this program at a base rate of $2,000 per heating ton. Full replacement of an existing GSHP installation may be considered a new GSHP installation. Following adders are available: 

• $1,500 per heating ton to households with income lower than 80%