Rebate Programs

Rebate Programs

UPDATE:  REC IS NO LONGER PAYING OUT 2020 REBATES *Rebates will only be issued for items purchased in 2021 as of 2/1/2021


Redwood Electric Cooperative 2021 Rebate and Water Heater Programs

Redwood Electric Cooperative has rebate programs available to our members for 2021.  Rebates are for Redwood Electric Cooperative members only and may change or end at any time.  Limit of 1 rebate each per account and a maximum rebate amount of $4,000 per year per member.  

Rebate Summary Sheet

Residential Rebate Forms


WiFi Smart Thermostat


Air Source Heat Pump & Mini-Split/Ductless Heat Pump

Mini-Split/Ductless Heat Pump:

Energy Star qualified ductless heating and cooling systems are highly efficient products that deliver warm or cool air directly into different zones in your home, instead of routing it through ducts first. You may also hear them called mini-split, multi-split heat pump systems. They are an increasingly popular, cost-effective solution to replace inefficient baseboard electric heating and window air conditioners in older homes. They are also used in new construction, home additions, multi-family, apartment housing, and to improve comfort in poorly heated or cooled rooms.

Air Source Heat Pump:

It’s the best of both worlds. ASHPs provide home cooling and supplemental heating with 72% less electricity than conventional air conditioners and furnaces.  You can switch between cooling and heating directly from the thermostat, putting you in
complete control.
  ASHP Rebate Form (Ducted & Ductless) Learn more about air source heat pumps from  

Ground Source Heat Pump (GSHP) are a very efficient way to heat and cool your home or shop.  Redwood Electric offers a $600/ton rebate on new GSHP installs.  Ground Source Heat Pump rebate form.  Learn more about ground source heat pumps by visiting the Minnesota Geothermal Heat Pump Association website.

Commercial and Agricultural rebates are available on a custom basis and are based on KW reduction.  Rebates are for retrofit projects only.  We do NOT offer any new construction rebates.  Rebates are $50 per KW with a max of $4,000.  Rebates will not exceed 25% of the project cost.  Rebate is based on item cost only, installation costs are not included.  To qualify project must produce 1KW of energy savings minimum.  You can see if your project qualifies by putting your information into the Custom Commercial and Industrial Rebate calculator.  This is also the rebate form that will need to be submitted with the receipt showing the project was completed. Please contact our office at 1-888-251-5100 if you have any questions. 


Water Heater Programs-Call our office

Interruptible:   $540.00

$500 for the water heater and $40 for the State Inspection Fee.  This program is controlled during peak times only.  


Storage:         $290.00

$250 for the water heater and $40 for the State Inspection Fee.  This program is controlled on weekdays from 7am-1pm and 3pm-11pm and from 3pm-11pm on weekends and holidays.  

*This program will not work for every household.  You will need to contact our Electrician to determine if you are eligible. 




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