Rebates

Tipmont REMC offers rebates to members for electric water heaters, air source heat pumps, and ground source (geothermal) heat pumps. 

We also offer POWER MOVES, a joint effort with Wabash Valley Power to bring our members additional energy efficiency rebates and programs.  Wabash Valley Power is the power provider for Tipmont REMC and other cooperatives across Indiana, central Illinois, and southern Missouri.  

POWER MOVES offers programs for your home, school, farm, and commercial and industrial facilities that will result in energy savings and will also provide the education and tools you need to improve efficiency.

Rebates for water heaters and heat pumps from Tipmont are listed below.  Business, school, farm, and custom efficiency incentives can be found at POWERMOVES.com.

For more information, contact your Tipmont REMC Energy Advisor, Jim Clark at 800-726-3953.

Water Heater Rebates

Tipmont REMC water heater rebates

$50 rebate ...up to 80 gallon electric water heater
$100 rebate ...80 gallon or larger electric water heater
more details

Heat Pump Rebates

Tipmont REMC heat pump rebates

$150 rebate ...14-15.5 SEER air source
$300 rebate ...16-16.5 SEER air source
$450 rebate ...17 SEER or higher air source
$500 rebate ...any size ground source (geothermal)
more details

Tipmont water heater rebate details

$50 rebate ...up to 80 gallon electric water heater *
$100 rebate ...80 gallon or larger electric water heater
(* minimum eligible size for rebate is 40 gallon for a multi-unit dwelling and 50 gallon for a single family home or business)

To qualify for account credit rebate, you must be a member of Tipmont REMC and meet the following requirements:

• Purchase and install an energy efficient electric water heater
• Energy efficiency rating must be at least 92%
• Provide valid proof of purchase and proof of energy efficiency rating within 30 days of purchase
• Allow Tipmont REMC to install a load management switch on the water heater
• Or allow Tipmont REMC to inspect the existing load management switch

Tipmont REMC will:

• Verify purchase, installation and energy efficiency rating of the electric water heater
• Install or inspect a load management switch
• Provide, as needed,one water heater repair kit per year for each location with a load management switch installed
• After all requirements are met, Tipmont REMC will provide the rebate as a one-time credit on the member's electric account

Tipmont REMC does not provide maintenance on electric water heaters. Member is responsible for purchase, installation, maintenance and repair of electric water heater.

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Tipmont heat pump rebate details

$150 rebate ...14-15.5 SEER
$300 rebate ...16-16.5 SEER
$450 rebate ...17 SEER or higher

To qualify for account credit rebate, you must be a member of Tipmont REMC and meet the following requirements:

• Purchase and install an energy efficient electric air source heat pump or ground source (geothermal) heat pump 
• Provide valid proof of purchase and proof of energy efficiency rating (for air source) within 30 days of installation
• Allow Tipmont REMC to complete an inspection of the equipment and installation
• Tipmont recommends completion of the Energy Star Heating & Air Conditioning Installation Bid Comparison Checklist (available from Tipmont REMC or at www.energystar.gov/ia/products/heat_cool/HVAC_QI_bidsheet.pdf)

Tipmont REMC will:

• Verify purchase, installation and energy efficiency rating (for air source) of the heat pump
• Complete an inspection of the equipment and installation
• After all requirements are met, Tipmont REMC will provide the rebate as a one-time credit on the member's electric account

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