Install a high-efficiency electric-heating system and receive incentives from Southeastern. See some examples below:
Requirements For Receiving Rebates And Special Rate.
Electric Heat must be the primary heating source and each structure is limited to one rebate. All necessary equipment must be installed and in operating condition before a rebate can be issued. Only one rebate per an account can be applied for in a 10 year period. Contact the Member Services Dept. for more information.
Special Note: Modular homes and or Trailer houses must be on permanent foundations or have basements in order to qualify for any said rebates. Visual inspection is needed before any rebates are issued.
TAX CREDITS FOR GEOTHERMAL
The credit for geothermal is as follows:
26% tax credit if system installed between Jan. 1, 2020 – Dec. 31, 2022
22% tax credit if system installed between Jan. 1, 2022- Dec. 31, 2023
TAX CREDITS FOR AIR-TO-AIR HEAT PUMPS (existing home & principal residence. New construction & rentals do NOT apply)
10% tax credit if system is installed between Jan. 1, 2020 - Dec. 31, 2021