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Heating & Cooling

The most efficient and economical resources for heating and cooling your home or business is right in your own backyard.  North Western Electric offers rebates and low-interest loans for the installation of a geothermal or air source heat pump system.


 

$600 Rebate (Residential)

Up to $2,000 Rebate (Non-Residential)

Geothermal Program Agreement

 

Contractor or Member Submission Requirements

The participating contractor or consumer shall be required to submit to NWEC, prior to installation of the equipment in the structure, the following documents:
• A completed Geothermal Rebate Request form.
• A Manual J Load Calculation form showing name of member and address where equipment will be installed.

 


 

$300 Rebate (Residential)

Up to $2,000 Rebate (Non-Residential)

Heat Pump Program Agreement

 

Contractor or Member Submission Requirements

The participating contractor or consumer shall be required to submit to NWEC, prior to installation of the equipment in the structure, the following documents:
A completed Heat Pump Rebate Request form.
A Manual J Load Calculation form showing name of member and address where equipment will be installed.

 


 

Geothermal and Heat Pump Loans

A low interest loan is available to our members directly from North Western Electric Cooperative, Inc. for the cost of the equipment and the installation of the geothemal or air source heat pump system. 

Program features:

  • 6 percent annual interest rate
  • 5 year loan term
  • Loan amount is limited to 80 percent of the installed cost after any rebates
  • A maximum of $10,000 may be borrowed

Program Guidelines:

  • System requirements must be met (see guideline links above)
  • A pre-approval form must be submitted
  • Loan approval will only be granted to the member who owns the residential structure

Geothermal Loan Pre-Approval Form

Heat Pump Loan Pre-Approval Form

 


 

Federal Tax Credits For Energy Efficiency

In addition to North Western Electric's rebate and loan program, you may also qualify for federal tax credits for efficiency. Click here for more information.

 

For more information on these rebate/loan programs contact our office 
419-636-5051
1-800-647-6932 

 

 

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