Parke County REMC

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Rebate Programs

Water Heater

To qualify for the bill credit of $70 (replacing existing electric Water Heater) or $125 (new construction or replacing gas Water Heater), you must be a member of the REMC, and meet the following requirements:

Install an Energy Efficient electric water heater
Provide proof of purchase of Energy Efficient electric water heater
Must be willing to allow Parke County REMC install a load management switch on the water heater.
A full time residency or business
New home or business construction
Replacing non electric water heater

Air Source Heat Pumps- Includes Dual Fuel/Hybrid Heat Pumps - Effective June 1, 2008

Parke County REMC offers a rebate for the installation of a new air source heat pump. The $500 rebate is one per home or business. Rebates will be paid in the form of 5 $100 bill credits after certificate of purchase and installation is provided to Parke County REMC. The air source heat pump has to be a minimum of a 13 SEER rated system.

Parke County REMC reserves the right to inspect the system within 90 days of installation.

Geothermal Heat Pumps - Effective June 1, 2008

Parke County REMC offers a rebate for the installation of a Geothermal HVAC system. The $500 rebate is one per home or business. Rebates will be paid in the form of 5- $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.

The Rebate

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 give the rebate after paperwork is completed. In a rental home or apartments, the rebates shall go to the landlord/owner.