Owen Electric offers an array of home energy efficiency rebates to its members. Whether you've lived in your home for a few years or are getting ready to build, there's a program for you! Questions? Call Member Services at (800) 372-7612, option 4.
Energy Efficiency Rebates
Building a home to Touchstone Energy Home standards has the potential to yield a 30 percent annual reduction in heating and cooling costs. Owen Electric Cooperative offers a rebate of up to $750.00 for a new home that meets Touchstone Energy Home requirements. Before you start building your new home, call (800) 372-7612, ext. 3532 for more information about making your new home an energy-saving Touchstone Energy Home. Periodic inspections by cooperative representatives during construction are required to verify compliance to standards for homeowners to qualify for the rebate program.
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Bring Your Own Thermostat Program
The SimpleSaver program is another way that we are working to keep your electricity affordable and our environment healthy. Connected thermostats make it easy to manage your home's energy use. Enroll a qualifying Wi-Fi thermostat in the program to receive $10 per thermostat (up to 2 thermostats). If you purchased your thermostat on or after March 2, 2019, you may be eligible for an additional $100 per thermostat.
Details at https://togetherwesaveky.com/simplesaver-enrollment/
Central Air Conditioner Program
We will pay you up to $20 annually for each central air conditioner you enroll; you will receive those bill credits each and every year you remain in the program.
You may be eligible for a sign-on bonus of up to $20.
With SimpleSaver, being energy smart pays.
Details at https://www.togetherwesaveky.com/simple-saver-enrollment
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Owen Electric offers incentives to its members to encourage the selection of energy efficient and environmentally-wise residential equipment. The Heat Pump Retrofit Program provides incentives for our residential members to replace their existing resistance heat source with a heat pump. Replacing your current heat pump? Check out our High Efficiency Heat Pump program.
Heat Pump Retrofit Program
- Incentive applies when homeowner's primary heat source is an electric resistance heat furnace; ceiling cable heat; baseboard heat; or electric thermal storage.
- Existing heat source must be at least 2 years old.
- New manufactured homes are eligible for the incentive.
- Two (2) maximum incentive payments per location, per lifetime for centrally ducted systems.
- Ducted and ductless mini-splits applying for the incentive will be incentivized at a rate of $500 per indoor head unit up to a maximum of three head units per location, per lifetime.
Residential members/homeowners replacing their existing resistance heat source with a heat pump will qualify for the following incentive based on the equipment type:
Centrally Ducted Systems:
Current Energy Conservation Standard established by the Federal Department of Energy (DOE), $750
Current ENERGY STAR level equipment or greater, $1000
Mini Split Systems:
Ducted or ductless Mini-Splits ENERGY STAR, $500
High Efficiency Heat Pump Program
- Incentive applies when homeowner is replacing their home's current heating system or existing heat pump with a new high efficiency heat pump
ENERGY STAR ASHP Level, $500
- Up to two HEHP incentives per calendar year, per premise/location. Max of six rebates lifetime per premise/location
ENERGY STAR ccASHP or Geothermal Heat Pump Level, $1000
- Up to two HEHP incentives per calendar year, per premise/location. Max of six rebates lifetime per premise/location
ENERGY STAR Heat Pump Water Heaters, $250
- Two ENERGY STAR certified heat pump water heater rebates per calendar year, per premise/location. Maximum of four rebates per premise/location
- Heat pump water heaters in new manufactured housing are not eligible for the incentive
Find qualifying heat pump models, visit the ENERGY STAR product finder here.
If you have any questions or would like more information concerning our heat pump rebate programs, contact Manager of Residential Services Jude Canchola at (800) 372-7612 ext. 3532.
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Two of the best improvements you can make to your home to lower your heating and cooling costs are to increase the amount of insulation in your home and to stop outside air from getting in. Owen Electric's Button Up program helps you increase your home's efficiency and comfort while helping you save money on your electric bills.
Your home must be at least two years old and use electricity as the primary heat source.
To qualify for rebates, schedule an appointment for a free, in-home Energy Audit to determine areas where efficiency improvements can be made. A heat-loss calculation will be done before you make recommended improvements and then again after improvements to determine the exact amount of your incentive payment. When you weatherize your home, we'll pay you $100/Btuh up to $1,875. Air sealing your HVAC system? You can receive $500. Air seal measures require a pre- and post-blower door test, so be sure and contact Owen Electric prior to having work performed.
Contact Member Services at 800-372-7612 or click here for more information or to set up an appointment.
The Community Assistance Resources for Energy Savings (CARES) program provides an incentive to enhance the weatherization and energy efficiency services provided to members by the Kentucky Community Action (CAA) network. Owen Electric provides an incentive to the CAA implementing the project on behalf of the member. This program is available to members who qualify for weatherization and energy efficiency services through their local CAA.
For more information on the CARES program, contact Residential Services Manager Jude Canchola at (800) 372-7612, ext. 3532, or your local Community Action Agency.