Magic Valley Electric Cooperative - Residential Energy Efficiency Rebate Program (Texas)
This is the approved revision of this page, as well as being the most recent.
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Magic Valley Electric Cooperative - Residential Energy Efficiency Rebate Program|
|Incentive Type||Utility Rebate Program|
|Eligible Technologies||Central Air conditioners, Heat pumps, Water Heaters, Heat Pump Water Heaters|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Central A/C: $225 - $275, varies by efficiency rating|
Heat Pumps: $300 - $400, varies by efficiency rating
|Eligible System Size|| The air-condition capacity sizing ratio must exceed 500 square feet per ton|
Marathon Water Heater: 40 Gallons
|Equipment Requirements|| Central AC: Minimum 14 SEER|
Heat Pump Water Heater: UL listed and EF of 2.0 or greater
|Installation Requirements|| New homes are not eligible for rebates|
Must be installed by an Air-conditioning contractor with valid contractor license
|Program Administrator||Magic Valley Electric Cooperative|
|Date added to DSIRE||2006-08-30|
|Last DSIRE Review||2013-03-14|
| Last Substantive Modification
to Summary by DSIRE
Magic Valley Electric Cooperative's Value Incentive Program (VIP) offers consumers incentives for the installation of new central heat pump systems, dual fuel heating systems, central air conditioners, water heaters and heat pump water heaters in single family homes. The rebate varies depending on the equipment type and efficiency rating. This rebate is not valid for new construction. MVEC also provides rebates to A/C dealers to encourage them to sell energy efficient units. Dealers can receive a $40 rebate for selling A/C units with a 14 SEER or greater, and $50 for selling heat pumps with a 14 SEER or greater. All equipment requirements must be met in order to qualify for rebates. Contact MVEC for more information on the Value Incentive Program.
|Contact Name||Customer Service|
|Department||Magic Valley Electric Cooperative|
|Address||PO Box 267|
|Phone 2||(956) 514-1200|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.