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Geothermal Rebates


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  Geothermal Heat Pumps

Geothermal heat pumps utilize the natural heat in the earth and ground-water to heat and cool your home or business. Geothermal systems are the safest and most efficient heating and cooling systems ever developed, with the lowest operating costs. For complete information about specific types of geothermal systems available, please call Tipmont Member Services Department 800.726.3953 or e-mail us.  For information on Geothermal Heat Pump rebates click here.

Operating Cost for Fueling Different Heating Systems

Type of Heat

Seasonal Efficiency $ Cost per Unit (no tax) $ Cost per Million BTU
Geo-Thermal 300%-400% 0.05 cents 4.88-5.63
Air-Heat Pump 180%-260% 0.05 cents 5.63-8.14
Electric 100% 0.05 cents 14.50
Natural Gas-High Eff. 85% .05 cents 5.88
Natural Gas 60% .05 cents 8.33
LP Gas High Eff. 85% .074 cents 8.97
LP Gas 60% .074 cents 12.70
No. 2 Oil 55% .078 cents 9.74