Commerical/Industrial/Value-added Ag Rebates
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Commercial, Industrial and Value-Added Agriculture Rebates
North West REC encourages businesses in the efficient use of electricity in all energy applications. As an incentive to our commercial, industrial and value-added agriculture customers, NWREC offers energy efficiency rebates on the installation of qualifying energy efficient lighting and motor load installations.
You Pull the Plug NWREC Rebates
Insulation Rebate Form Fillable
Energy Star Appliance Rebate Form NWREC
Electric Vehicle Charger Rebate Form
No form is needed for ASHPs, GSHPs, and Mini-Split Heat Pumps units simply submit copies of the invoice for the rebated equipment to North West REC, and a representative for North West REC will inspect the installation prior to the rebate being paid to verify that it has been installed and is operating
Submit your rebate any of the following ways:
- Mailing them to North West REC P.O. Box 435 Orange City
- Dropping them off at any of the offices
- Emailing them to nwrec@nwrec.coop
State & Federal Energy Tax Credits
Variable Speed-Motors and Soft-Start Device Rebates
Variable-Speed Motors and Soft-Start Devices
More than half of all electrical energy consumed in the U.S. is used by electric motors. Improving the efficiency of electric motors and the equipment they drive can save energy, reduce operating costs and improve our nation's productivity. We encourage our members to make energy efficiency a major consideration when purchasing motors.
As an incentive to our customers, North West REC offers a rebate for new variable-speed energy efficient motors installed in a commercial, industrial or value-added agriculture building that is served by North West REC.
Soft-start devices installed on an existing motor which is installed in a commercial, industrial or value-added agriculture building served by North West REC also qualify for a rebate. (The rebate amount is based on the horsepower of the motor that the soft-start device is connected to.) Seasonal applications are not eligible. There is a maximum rebate of $5,000 per motor.
| Product | Rebate Amount |
| Variable speed motors, energy efficient | $30 per horsepower |
| Soft-start devices on an existing motor | $30 per horsepower |
Lighting and Motor rebate programs will run until an allotted amount of monies runs out. Please call before submitting a rebate to make sure there is money available
Air Source Heat Pump Rebates
Air Source Heat Pumps Rebate Options and Rebate Amount
Residential - new and replacement loads
- If back up heat is electric $700 per ton
- If no back up heat or if back up heat is propane or gas $500 per ton
- Maximum rebate limit of 30% of equipment/install cost up to $10,000
Commercial/Industrial/Ag projects - new and replacement loads
- If back up heat is electric $700 per ton
- If no back up heat or if back up heat is propane or gas $500 per ton
- Maximum rebate limit of 30% of equipment/install cost up to $75,000
No form is needed, simply submit copies of the invoice for the rebated equipment to North West REC, and a representative for North West REC will inspect the installation prior to the rebate being paid to verify that it has been installed and is operating
Geothermal Rebates
Geothermal Heat Pumps Rebate Options and Rebate Amount
| Qualifying Unit Type | Rebate Amount |
| Residential geothermal heat pump
Maximum rebate limit of 30% of equipment/install cost up to $10,000 | $1400 per ton on new units
$750 per ton on replacement units |
| Commercial/Industrial/Ag Projects
Maximum rebate limit of 30% of equipment/install cost up to $75,000 | $1400 per ton on new units
$750 per ton on replacement units |
No form is needed, simply submit copies of the invoice for the rebated equipment to North West REC, and a representative for North West REC will inspect the installation prior to the rebate being paid to verify that it has been installed and is operating
Find more details about geothermal on the Iowa Geothermal Association website.
Additional Federal & State Tax Credits Read more about federal and state tax credits in our Smart Choice article: Geothermal Tax Credits Extended
Federal Tax Credit In 2023 the Energy Efficiency Property Tax Credit (residential credit) for GHPs is 22% of total installation cost. Find more information about eligibility and find Federal Form 5695 on the Internal Revenue website.
Iowa Tax Credit Information and links are on the Iowa Geothermal Heat Pump Tax Credit page of the Iowa Department of Revenue website.
Be sure to consult with your own tax or legal advisors about any individual tax matters relating to the tax credits associated with installing geothermal.
Ductless Mini-Split Heating/Cooling & P-Tac Unit
Ductless Mini-Split Heating/Cooling & P-Tac Units
All units must be Energy Star Certified
- Residential
- if back up heat is electric $700 new/replacement load
- if no back up heat or if back up heat is propane or gas $500 new/replacement load
- Maximum rebate limit of 30% of cost up to $10,000
- Rebate limited to two units per single family dwelling or outbuilding
- Commercial/Industrial/Ag Projects
- If back up heat is electric $800 per ton - new load/$400 per ton for replacements
- If no back up heat or if back up heat is propane or gas $400 per ton - new load/$200 per ton for replacements
- Maximum rebate limit of 30% of cost up to $75,000
- Limit of one rebate for each leasable hotel room
No form is needed, simply submit copies of the invoice for the rebated equipment to North West REC, and a representative for North West REC will inspect the installation prior to the rebate being paid to verify that it has been installed and is operating
Electric Vehicle Chargers
Electric Vehicle Chargers - For new level 2 chargers only
Residential/Commercial: up to $1000 toward cost of charger and installation, rebate cannot exceed invoice amount
Hybrid Vehicles - Maximum rebate of $750
- Level 2 charge 208-240 volt
- Must be hardwired and installation must meet local code
- Member required to provide charger make, model, s/n, specifications
- Cannot back-feed into the system
- Sub Meter and Load Control Switch are REQUIRED for rebate
- Limit of 1 rebate per electric vehicle
Insulation Rebate
Building Insulation Rebate
Details:
- The building must be all electric as the primary heating source with electric backup
- Insulation must be professionally installed for blown-in, AeroSheild insulating concrete forms, rigid Styrofoam panels and/or structural insulated panel type insulation
- Residential- rebate is limited to 30% of installed insulation cost up to a maximum rebate of $800 per building per calendar year.
- Commercial/Industrial/Ag buildings-rebate limited to 10% of installed insulation cost up to a maximum rebate of $2,000 per building per calendar year
To receive your rebate, download the Insulation Rebate Form, fill it out and return the completed form to North West REC.
Program requirements
- Person or business making the rebate request must be a member-owner of North West REC and the equipment needs to be installed on the North West REC electric system
- All equipment must be new to qualify for a rebate
- The rebate does not apply for seasonal loads
- No form is needed, simply submit copies of the invoice for the rebated equipment to North West REC, and a representative for North West REC will inspect the installation prior to the rebate being paid to verify that it has been installed and is operating
- North West REC reserves the right to modify or terminate this program at any time without notice.