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.
- 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 $250 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), $500
Current ENERGY STAR level equipment of greater, $750
Mini Split Systems:
Ducted or ductless Mini-Splits ENERGY STAR, $250
If you have any questions or would like more information concerning the Heat Pump Retrofit Program, 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 your 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. Call our Energy Advisor, Jude Canchola, and make an appointment to have him visit your home to point out areas where efficiency can be improved. 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 button up, we'll pay you $40 for every 1,000 BTUs your heating load is lowered, up to $750.
Contact Member Services at 800-372-7612 for more information or to set up an appointment.