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Lake Region Electric Cooperative
Pelican Rapids, Minnesota
(800) 552-7658
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Rebates, Loans, & Tax Credits

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  3. Rebates, Loans, & Tax Credits

EnergyWise

EnergyWise programs give you all the choices you need to make your home and business more energy efficient. Take advantage of these tools and resources. Saving energy is easier than you think.

Heating & Cooling

Heat Pump Systems  Ductless air source heat pump - ENERGY STAR/SEER 16+  $300

Air source heat pumps:
SEER 14.5
SEER 15
SEER 16+

--
$480
$580
$630

Geothermal heat pump, closed loop Up to $400/ton
Central Air Conditioners Central air conditioner, SEER 14.5-16+ $50/unit*

Electric Thermal Storage (ETS) Heating Systems

Steffes ETS systems on Short Term Storage 

$25/kW
All ETS systems on Long Term Storage $50/kW
ECM Motor Electronically Commutated Motor $50
Home Energy Audit Audit includes inspection of building envelope, blower door test, infrared camera scan, furnace combustion test, health & safety check, and a report identifying conservation recommendations and potential savings. Up to $100

*Rebates for high efficiency air source heat pumps and air conditioners are available only through qualified contractors registered at HVACRedu.net. Visit GRE's QI A/C & ASHP Contractors page to find qualified contractors in your area.

Residential HVAC Rebate Application

 Water Heating

Heat Pump Water Heater Must be ENERGY STAR $500
ETS Water Heater ($0.048 rate) Must be at least 100 gallons, grid enabled, with mixing valve $400
Peak Shave Water Heater Must be at least 80 gallons, grid enabled $100

Electric Vehicle

Electric Vehicle Charger   Installation Level 1 & 2 chargers qualify Up to $500

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

Federal Tax Credits

The American Recovery and Reinvestment Act, adopted in October 2008, allows for a 30% tax credit for costs associated with Energy Star qualified geothermal heat pumps, as noted in section 25D of the Internal Revenue Code. The credit applies to geothermal equipment placed in service.

Learn more about: Federal Tax Credits for Energy Efficiency.

 




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Products & Services

  • Solar Programs
  • Residential Standby Generator Systems
  • Off-Peak Space Heating
  • Off-Peak Water Heating
  • Air Source Heat Pumps (ASHP)
  • Natural Gas: Lake Region Energy Services
  • ChargeWise Electric Vehicle
  • Home Energy Audits
  • Ag & Commercial Energy Grants
  • Renewable Energy Interconnection
  • Rebates, Loans, & Tax Credits
  • Financing Options
  • EnergyWise MN Store
  • Security Lights

Contractors

  • Contractors Resources
  • 2020 Program & Resource Guide
  • Water Heaters
  • Steffes Heaters

Common Forms

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