Energy Efficiency and Conservation Program

Energy Efficiency and Conservation Program

Objective

To establish the procedure and guidelines to promote high efficient heating equipment that the member/consumers of Traverse Electric may install in the future.

Policy

  1. Traverse Electric will offer the following rebates/incentives to install high efficient heating equipment.
    1. Energy Star Rated Heat Pumps - $600
    2. One rebate per site.
  2. In conjunction with East River's marketing program, Traverse Electric will loan up to $10,000 to eligible members/consumers for the following:
    1. Heating equipment
    2. Wiring costs
    3. Duct work

All loans will carry an interest rate of five percent (5%) per annum and will be amortized for 84 months.

Responsibility:

  1. The Manager and department heads are responsible for the administration of this policy.
  2. The Board of Directors is responsible for any changes in or revisions of this policy.