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Ductless Incentives
Emerald offers several options to help you make the switch to a ductless heating and cooling system. Cash rebates are available to all eligible homes. Alternatively, Pacific Cascade Federal Credit Union offers qualifying Emerald customers a zero-interest loan of up to $10,000. Minimum insulation levels must be met to qualify for this program, see “Eligibility” for details. Incentives subject to change without notice due to funding availability.
Homes with working electric furnaces
- Option 1: $2,000 cash rebate
- Option 2: $1,000 cash rebate with a zero-interest loan
- Option 3: $100 cash rebate on upgrade of an existing ductless heat pump
Homes without working electric furnaces
- Option 1: $1,000 cash rebate without a zero-interest loan
- Option 2: $500 cash rebate with a zero-interest loan
- Option 3: $500 cash rebate on install of a ductless heat pump in new construction
- Option 4: Interest Free Financing up to $10,000 with Pacific Cascade
Ducted Incentives
Emerald offers options to help you pay for your new variable speed heat pump including cash rebates and zero-interest loans. Pacific Cascade Federal Credit Union offers qualifying Emerald customers a zero-interest loan of up to $10,000. Minimum insulation levels must be met to qualify for this program, see “Eligibility” for details. Incentives subject to change without notice due to funding availability.
Homes converting from working electric furnaces
- Option 1: $2,000 cash rebate without a zero-interest loan
- Option 2: $1,000 cash rebate with a zero-interest loan
Homes upgrading an existing heat pump (including new construction)
- Option 1: $500 cash rebate without a zero-interest loan
- Option 2: No cash rebate with a zero-interest loan
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Ductless Incentives
- A $800 rebate per home
- A zero-percent loan up to $4,000 for single-head systems plus $1,500 for each additional head
Ducted Incentives
- A $1,000 rebate per home
- Up to a $12,000 zero-percent interest loan with a five-year term for installing a ducted heat pump in a site-built home
- Up to a $7,000 zero-percent interest loan with a five-year term for installing a ducted heat pump in a manufactured home
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Incentives
You may apply for a loan OR a rebate (not both). A zero percent (0%) interest loan up to $9,000 is available on qualified systems. Loans are not available for new construction. If you are interested in a heat pump loan:
- Complete and sign the Pacific Cascade Federal Credit Union loan application.
- Return the loan application, proposed system bid/estimate, and pre-authorization form to Lane Electric.
- Application results are usually known within 48 hours.
- Upon loan and pre-authorization approval, notify the contractor to begin installation.
If you would rather finance the system yourself, a $500 rebate is available for qualifying air-source (standard) heat pumps, geothermal and ductless units. Notify Lane Electric when installation is complete & ready for inspection.
Ductless Heat Pump Loan & Pre-Authorization Ducted Heat Pump Loan & Pre-Authorization CONTACT US TODAY TO REQUEST SERVICE
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