Energy Efficiency and Conservation Program
To establish the procedure and guidelines to promote high efficient heating equipment that the member/consumers of Traverse Electric may install in the future.
- Traverse Electric will offer the following rebates/incentives to install high efficient heating equipment.
- Energy Star Rated Heat Pumps - $600
- One rebate per site.
- In conjunction with East River's marketing program, Traverse Electric will loan up to $10,000 to eligible members/consumers for the following:
- Heating equipment
- Wiring costs
- Duct work
All loans will carry an interest rate of five percent (5%) per annum and will be amortized for 84 months.
- The Manager and department heads are responsible for the administration of this policy.
- The Board of Directors is responsible for any changes in or revisions of this policy.