The Central Electric Cooperative, with the Bank of the Cascades, offers their customers low-interest loans qualifying heat pumps. For this heat pump program, both new and existing homes can qualify for loans between $200 and $1200, depending on duct location and efficiency. Members installing heat pumps in existing homes can opt for a low interest rate loan from Bank of the Cascades. There is no loan fee and no penalty for early payment. Additionally, new electric furnaces without heat pumps can qualify for a $300 credit if the ducts are sealed and tested and run outside of the home's heated space. For more information, visit the program website or look at the heat pump program application.
| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Oregon |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.hometownutility.com/prodserv/residential/residential.html |
| Administrator: | Central Electric Cooperative |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
|
| Incentive Amount: |
Heat Pumps: $200-$1200 Windows: $4 per square foot Cieling Insulation: $0.25 per square foot Clothes Washer: Floor Insulation: $0.50 per square foot Wall Insulation: $0.50 per square foot Duct Sealing: $400 per heating system Electric Water Heater: $25 |
| Equipment Requirements: |
Weatherization work must be done with CEC approval (this is a Bonneville Power Administration program). Water Heater: .91 Minimum Energy Factor; 120 gallons or less Clothes/Dish Washers: Energy Star |
| Installation Requirements: | Weatherization program is for members with site-built electrically heated homes constructed before 1992. |
| Name: | Customer Service - CEC |
| Organization: | Central Electric Cooperative |
| Address: |
2098 N. Hwy. 97 Redmond OR 97756 |
| Phone: | (541) 548-2144 |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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