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Heat Pump Rebate

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.
  • Participants in the Heat Pump Retrofit Program are not eligible for participation in the ENERGY STAR Manufactured Home Program.

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 Jude Canchola at (800) 372-7612 ext. 3532.

owen_electric_cooperative_heat_rebate_form.pdf
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©2023 Owen Electric Cooperative, Inc. All Rights Reserved.

  • My Co-op
    • Our Beginnings
    • Our Mission & Vision
    • The Cooperative & Our Principles
    • Member Resources
    • Leadership & Governance
    • Sustainability
    • Statement Of Nondiscrimination
    • Career Opportunities
    • Contact Us
  • Member Central
    • Service Request
    • Primary Residence Exemption Information
    • Update My Information, Address
    • Understanding Your Bill
    • Ways To Pay
    • Residential Rates And Tariffs
    • Underground Electric Service & Decorative Lighting Options
    • Certified Electrical Inspectors
    • Net Metering & Home Solar Array Info
    • Renewable Energy Program Tariff
    • Fuel Adjustment Clause & Environmental Surcharge
    • Home Electrical Safety Brochure (ESFI)
    • Electric Vehicles
    • Advanced Meter FAQs
  • Energy Programs & Rebates
    • Energy Efficiency Info, Programs & Rebates
    • Cooperative Solar
    • Envirowatts
    • Co-op Connections Discount Program
    • FilterChange.coop
    • HomeGuard Surge Protection
  • Community Matters
    • Outage Safety & Preparedness
    • Community Investment
    • Kentucky Living
    • Honor Flight
    • Scholarship Program
    • Washington Youth Tour
    • WinterCare
    • Nature Trail
    • Kid's Korner
  • Commercial & Industrial
    • Commercial & Industrial Info
    • Economic Development Rider
    • Rates & Tariffs
    • PowerMap
    • PowerVision Sites