Rebates, Loans, and Tax Credits

LREC’S REBATE CENTER

Lake Region has partnered with Energy Wise to give our members all the choices needed to make your home and business more energy efficient. By taking advantage of these tools and resources, saving energy is easier than you think.

2026 rebates are now available!

  • Qualified purchases must be made or installed between Jan. 1, 2026 and Dec. 15, 2026
  • Rebate applications must be submitted to LREC no later than Dec. 15, 2026
  • Rebates available while funds last

Explore our latest incentives below and discover new ways to save on your next purchase.  If you have questions regarding rebates, contact us at (800) 552-7658 or
email rebates@lrec.coop.

HEATING & COOLING

Heat Pump SystemsDuctless Air Source Heat Pump
≤ 1 Ton ≥ 14.3 SEER2 & ≥ 7.5 HSPF2
≤ 1 Ton ≥ 15.2 SEER2 & ≥ 8.1 HSPF2
> 1 Ton ≥ 14.3 SEER2 & ≥ 7.5 HSPF2
> 1 Ton ≥ 15.2 SEER2 & ≥ 8.1 HSPF2
1 per account/year
$150
$250
$750
$1,000
Ducted Air Source Heat Pumps*
≤ 5 Ton ≥ 14.3 SEER2 & ≥ 7.5 HSPF2
≤ 5 Ton ≥ 15.2 SEER2 & ≥ 8.1 HSPF2
1 per account/year
$750
$1,000
Geothermal heat pump, closed loop 1 per account/year
New up to $400/ton,
Max $4,000
Replacement up to $200/ton
QI ASHP (per ton)***QI for Ductless and Ducted ASHP$40
Electric Thermal Storage (ETS)
Heating Systems
Steffes ETS systems on Short Term Storage $25/kW
All ETS systems on Long Term Storage$50/kW

***Additional rebates for high efficiency air source heat pumps and air conditioners are available only through qualified contractors. Visit GRE’s QI A/C ASHP Contractors page to find qualified contractors in your area. Contractors interested in becoming a qualified contractor should contact LREC for more information.


WATER HEATING

Heat Pump Water HeaterMust be ENERGY STAR$500
ETS Water Heater ($0.055 rate)Must be at least 100 gallons, grid enabled, with mixing valve$400
Peak Shave Water HeaterMust be at least 80 gallons, grid enabled$100

ELECTRIC VEHICLE

Electric Vehicle Charger InstallationLevel 2 chargers (limit one per account) $500

All Rebates are subject to change, please contact LREC to verify availability

COMMERCIAL, INDUSTRIAL & AGRICULTURAL REBATES

Lake Region has partnered with Energy Wise to give our CI & A members all the choices needed to make their business more energy efficient. When taking advantage of these rebates, saving energy is easier than ever. If you ever have any questions about CI& A rebates, please reach out to our energy management team at (800) 552-7658.