Residential Rebates
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North West REC offers members rebates and incentives on products that promote energy efficiency and help you save money for years into the future. Below are the categories and the requirements to meet in order to qualify for rebates and incentives. If you have any questions, contact us before purchasing any product.
Find details about these rebates and incentives available from North West REC below.
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
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 The recently signed Federal Budget and Stimulus bill includes an extension of the Federal geothermal heat pump (GHP) tax credits through 2023. The Energy Efficiency Property Tax Credit (residential credit) for GHPs is extended for two years at its current level of 26% of total installation cost. In 2023, the credit steps down to 22% and then expires on Jan. 1, 2024. Find more information about eligibility and find Federal Form 5695 on the Internal Revenue website.
Iowa Tax Credit The Iowa Geothermal Tax Credit is effectively a 5.2% credit (based on a formula of 20% of the federal residential energy-efficient property tax credit, which is 26% for tax years 2020 through 2022). The credit is available for units installed on or after Jan. 1, 2019 and is available for Iowa homeowners on Iowa residential properties. 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 Rebates
Ductless Mini-Split Heating/Cooling & P-Tac Units
All units must be Energy Star Certified
- Residential
- if back up heat is electric $1000 new load/$500 replacement
- if no back up heat or if back up heat is propane or gas $600 new load/$300 replacements
- maximum rebate limit of 50% equipment/install cost
- 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% equipment/install cost
- 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 Appliance Rebates
Electric Appliances Rebate Options and Amounts
To be eligible for a rebate:
- The appliance must be ENERGY STAR-rated (documentation needs to be provided). Use this guide to determine if your appliance is energy star certified Energy Certification Guide.
- You must provide documentation (print the Energy Star Appliance Rebate Form) fill out and return to North West REC). Also attach a copy of your purchase receipt with model and serial numbers.
- Must be a member of North West REC and be installed on NWREC's lines.
- Each member-consumer is limited to a maximum of $250 in combined appliance rebates per calendar year.
| Appliance | Rebate Amount |
| Clothes washer | $50 per unit |
Dryer Refrigerator | $25 per unit $25 per unit |
| Freezer | $25 per unit |
Dishwasher | $25 per unit |
Insulation Rebates
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.
You Pull the Plug
With energy conservation becoming one of the most important issues facing us throughout the United States, "You Pull the Plug" programs were developed to provide our member-owners a financial incentive to properly recycle and dispose of older, inefficient refrigerators & freezers that use significantly more electricity than newer Energy Star® appliances.
If you, currently, own an older, inefficient refrigerator or freezer our "You Pull the Plug" program offers an option to recycle up to three of these types of appliances, per year, and earn up to $50, each, in rebates from the cooperative.
Qualifying refrigerator and freezer units must be owned by a cooperative member and equal to or greater than 10 cubic feet in size. All appliances must be in working order at time of removal.
You Pull the Plug North West REC Rebate Application
You Pull the Plug : $50 Rebate on qualifying appliances
Program Criteria and Requirements:
- Participants of “You Pull the Plug” agree to self-remove and recycle qualifying appliances via an approved and certified appliance de-manufacturer.*
- Participants of “You Pull the Plug” will receive a $50 rebate, per qualifying appliance, up to three (3) appliances, per calendar year.
Program Implementation:
- Appliance(s) must be clean, empty, and in working order when recycled/disposed of by NWREC member.
- Appliance(s) may only be delivered to or be picked up by company/facility* that verifies recycling/decommissioning.
- $50 rebate includes all costs incurred by participant to self-remove and recycle qualifying appliance(s).
- Dated copy of receipt by the certified vendor/landfill/recycler must accompany the “You Pull the Plug” rebate application form (available from our office or online). Company/facility must specify appliance type in writing.
- NWREC member certifies that the item(s) listed in application have been removed from member’s location served by NWREC.
- NWREC reserves the right to modify (including incentive levels) or terminate this program without prior or further notice.
Marathon Water Heater Rebates
Marathon Water Heaters
We sell super energy-efficient Marathon water heaters directly to our members (and only to North West REC members). The rebate is subtracted from the sale price.
| Marathon Water Heater Size | Retail Price w/o switch | North West REC Member Price (rebate already credited) w/ switch |
| 50 gallon | $1100 | $800 |
85 gallon 100 gallon | We will not sell these units without a switch | $800 $900 |
| 105 gallon | $1600 | $900 - Ag/Commercial Use Only |
Note: Hog Buildings will only be eligible for a 50 gallon WH at full price.
Our WH's are Sold only to members and installed on our lines. You must have a load management switch installed (at no cost to you) to receive the reduced rebated price.
Build your new home with all electric heat and save money NOW! With our all-electric 4.9C heat rate, you will save money on your heating, cooling and water heating for years to come! Members who install electric heat at their primary heat source in a new home qualify for a $1000 rebate on an 85 gallon marathon water heater.
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
- 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