Rebate Programs
Redwood Electric Cooperative 2024 Rebate and Water Heater Programs
Redwood Electric Cooperative has rebate programs available to our members for 2024. Rebates are only for Redwood Electric Cooperative members and may change or end anytime. Limit of 1 rebate each per account and a maximum rebate amount of $4,000 per year per member. Rebates will not exceed 25% of the unit/tool/equipment cost. Rebates are for new items only. See the rebate application form for all specific requirements and guidelines.
Mini-Split/Ductless Heat Pump $600 check 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. See the rebate application form for all specific requirements and guidelines.
Air Source Heat Pump (ASHP) $600-$1000 check 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 Energy.gov- https://energy.gov/energysaver/heat-pump-systems/air-source-heat-pumps. See the rebate application form for all specific requirements and guidelines.
Ground Source Heat Pumps (GSHP) $600/Ton 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.(link is external) See the rebate application form for all specific requirements and guidelines.
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 Commercial and Ag LED Retrofit Rebate form/calculator. This is an Excel document, if you do not have Excel you can hand calculate your rebate with this PDF version. PDF Version Commercial and Ag Retrofit Rebate form/calculator. You can also contact our office. 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. See the rebate application form for all specific requirements and guidelines.
Wifi Thermostate rebate ($25 bill credit) A smart thermostat is a Wi-Fi enabled device that automatically adjusts heating and cooling temperature settings in your home for optimal performance. Rebates are for new units only.
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Many smart thermostats learn your temperature preferences and establish a schedule that automatically adjusts to energy-saving temperatures when you are asleep or away.
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Wi-Fi enabled thermostats allow you to control your home’s heating and cooling remotely through your smartphone.
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Periodic software updates ensure your smart thermostat is using the latest algorithms and energy-saving features available.
Dehumidifier rebate ($40 bill credit) for information on how your new Energy Star dehumidifier will benefit you and how to use it efficiently, click on the link: Energy Star Dehumidifier Information. Rebates are for new units only.
Battery-Powered Yard Tools ($25-$50 bill credit) To promote electrification and reduce net carbon emissions, REC offers rebates to members who purchase cordless electric yard equipment. See the rebate application form for all specific requirements and guidelines. Rebates are for new equipment only.
Water Heater Programs $700 Program includes an 85-gallon or 105-gallon Marathon water heater for $700 (1/2 price that Coop pays) and must be on one of the load management control programs listed below. Being on a load management program is a requirement of the Department of Energy (DOE).
Interruptible: This program is controlled during peak times only.
Storage: This program is controlled from 7:00am-9:30pm DAILY.