Energywise® Rebates
There are a variety of rebates and special rates available when you enroll in an EnergyWise program.
The following list gives information on the program as well as the savings you can expect. To enroll in one of these programs, please contact the Stearns Electric EnergyWise Team. Each program is listed here. Please view corresponding numbers below for more information regarding each program.
| Program | Rate/Rebate |
|---|---|
| 1. Dual Fuel Heating Program (9 kW min.) | EnergyWise Rate $200 Rebate |
| 2. Storage Space Heating Program | EnergyWise Rate $50 per kW Rebate (5kW min) |
| 3. Ground Source Heat Pump | EnergyWise Rate $150 Per Ton Rebate – 10 Ton Maximum |
| 4. Electronically Commutated Motor (ECM) Rebate | $50 Rebate |
| 5. ASHP Quality Installation Rebate | HSPF 8.2 - 8.9 $500 Rebate HSPF 9.0 or Higher $800 Rebate |
| 6. Stored Water Heating Program | $7.50 Monthly Bill Credit OR EnergyWise Rate |
| 7. Peak Shave Water Heating Program | $5 Monthly Bill Credit OR EnergyWise Rate |
| 8. New Marathon Water Heater Rebates (purchased from Stearns Electric) New Water Heater Rebates (supplied by contractor or member) | 85 gal. or 100 gal. $300 Rebate 50 gal. $100 Rebate $100 Rebate |
| 9. Heat Pump Water Heater | $300 Rebate |
| 10. In-Home Electric Vehicle Charger | $500 Rebate |
- Electric heat could be Baseboards, Cove Heaters, Fan Forced Units, Boilers, Furnaces, Plenum Heaters or In-Floor Heat. The Dual Fuel Heating Program requires a full size backup heating system. There must be a minimum of 9 kW electric heat installed to qualify for this program.
- Room Storage, Slab Storage, or Central Furnace. Room Storage and Slab Storage require a back-up heating system. There must be a minimum of 5 kW electric heat installed to qualify for this program.
- Ground Source Heat Pump. Must be enrolled on Dual Fuel Heating and Cycled Air Conditioning programs. This program requires a full size backup heating system Rebate Form.
- Part of new HVAC system or a new ECM replacement on an existing HVAC system Rebate Form.
- Air Source Heat Pump. Must be installed by a registered QI contractor. Must be on Dual Fuel Heating and Cycled Air Conditioning Programs. See list of registered contractors.
- Must be in combination with Dual Fuel Program to receive EnergyWise rate instead of monthly credit.
- Must be in combination with Dual Fuel Program to receive EnergyWise rate instead of monthly credit.
- Must be purchased from Stearns Electric. Must be enrolled on Stored Water Program or Peak Shave Program for 85 gal. or 100 gal. Must be enrolled on Peak Shave Program for 50 gal. Contractor- or member-supplied water heater must be enrolled on Stored Water Program of Peak Shave Program.
- These water heaters are not required to participate in a program but are eligible to enroll in the EnergyWise Stored Water Program or Peak Shave Program with an adequately sized water heater. Rebate Form. Receipt required.
Federal tax credit for purchase may apply. - Electric Vehicle Charger must be enrolled on the ChargeWise Program.
*A Power Cost Adjustment (PCA) reflecting increased wholesale power costs may apply to all rates.
Additional information:
- Member is responsible for all installation costs and the costs of equipment not furnished by Stearns Electric unless so stated.
- Stearns Electric will provide the radio receiver, current transformer (CT) meter socket, meter and the current transformer (CT) enclosure.
- A Stearns Electric technician must check out your system and determine your equipment is installed properly for our programs before the EnergyWise meter will be installed and you begin to receive the reduced EnergyWise rate.
- Member must sign and return the EnergyWise Agreement before the technician’s appointment is scheduled.