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The program was approved by the PUC to give rebates up to $4,500 for residential members. Rebate dollars are limited and will be paid on a first come first served basis.
New Construction - The Geothermal rebate is calculated as $800 per ton up to 5 tons, plus $500 for all Duct work in conditioned space (Geothermal only). A charge of $350 for plans evaluation and site inspections will be deducted from the rebate.
Completed application and plans must be submitted prior to Construction.
2008 Incentive Schedule
| |
Geothermal
Conversion |
Geothermal
New Const. |
Geothermal
Heat Pump
Replacement |
HEHP
Conversion |
HEHP
New Const. |
HEHP
Replacement |
| Rebate |
$800/Ton $4000 max.
Plus $500 Duct Bonus |
$800/Ton $4000 max.
Plus $500 Duct Bonus |
$1,000 |
$2,000 |
$2,000 |
$1,000 |
| Upfront Cost |
$350 * |
$0
(Deducated from rebate) |
$0 |
$350 * |
$0 |
$0 |
| HERS |
80 or less** |
70 or less |
N/A |
80 or less |
80 or less |
N/A |
| SEER |
N/A |
N/A |
N/A |
16 |
16 |
16 |
| Total |
$48,000 |
$3,000 |
$16,000 |
$4,000 |
* may be more depending on complexity and square footage of building to be submitted
with application.
** may be waived under certain circumstances and enrollment in HES Program
NHEC Energy Solutions reserves the right to shift funds between categories.
NHEC will advise and monitor the progress as far as contracts, costs, design, etc. NHEC is not providing technical or mechanical advice for Geothermal & HEHP heat pump installations.
Funding is limited and issued on a first come basis.
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For other inquiries, please contact Co-op Member Solutions by Email, or call
1-800-698-2007 |
