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January 2007

Incentive Programs Change Slightly

One program eliminated for 2007

Walton EMC’s popular energy efficiency programs are remaining mostly unchanged for the coming year.

Both residential and commercial customer-owners take advantage of these monetary incentives when they install energy efficient electric equipment in new homes and businesses or change out inefficient and expensive fossil fuel equipment in existing locations.

“These programs have taken on a new significance now that natural gas prices are almost unbearable,” says Howard Turner, WEMC director of marketing. “Increasing numbers of customer-owners are changing costly gas furnaces and water heaters to get energy bill relief.”

The government mandated increase in minimum heat pump efficiencies has lead to the end of the residential waste heat recovery rebate.

“Today’s electric heat pumps are so efficient that there’s no waste heat left over to use for water heating,” says Turner. “It no longer makes sense to install waste heat recovery units in homes.”

But, the rebate remains viable for commercial applications, like restaurants, that generate vast amounts of unwanted heat.

Besides rebates, Walton EMC offers prime rate loans to help both homeowners and businesses install more energy efficient equipment. The loans are also available for security system installed by EMC Security and standby power generators. Call us for more details.

2007 Rebate Programs

Residential  
   
Underground wiring refund, new all-electric home $500*
Electric water heater installation, new home

$150/unit

Fossil fuel change out to electric heat pump $200/unit
Fossil fuel change out to electric water heater $200/unit
Heat pump water heater installation $150/home
   
Commercial  
   
Electric heat pump installation $100/ton
Electric water heater installation $150/unit
Fossil fuel change out to electric heat pump $100/ton
Fossil fuel change out to electric water heater $200/unit
Heat pump water heater installation $500/ton

*Maximum amount, depends on amount initially paid.

 

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