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Heat Pump Rebates

In 2017, Members who replace their existing HVAC equipment (in electric-only, single-family homes) with a heat pump or purchase a heat pump for new-home construction are eligible to receive one of the following rebates:

 Air Source Heat Pump
16 SEER $80 per ton rebate
17 SEER $95 per ton rebate
18 SEER $110 per ton rebate
19 SEER $125 per ton rebate
20 SEER $140 per ton rebate
21+ SEER $155 per ton rebate

 Ground Source Heat Pump
12.5+ EER   $160 per ton rebate

 

Members must provide a copy of the receipt along with a copy of the Air Conditioning Heating and Refrigeration Institute (AHRI) certificate from the installing contractor for verification purposes. Rebate applications must be received within 90 days of purchase. 

The rebates for this program apply for replacement of existing HVAC equipment at any single-family home and new home construction. The Member must obtain a receipt with the Air-Conditioning Heating and Refrigeration Institute (ARI) designation of the qualifying installation from the Member’s contractor to present for verification purposes. This rebate is not applicable for homes that use natural gas for heating.

How heat pumps work

Electric heat pumps operate by transferring heat from one place to another. In the heating mode, a heat pump extracts heat from outside a residence and delivers it to the house. Like a furnace, most heat pumps work with forced warm-air delivery systems. Heat pumps can also be operated to cool a house during summer months. In the cooling mode, the cycle is reversed and heat is taken from the house and transferred to the outside air. Because heat pumps rely on the outside air as the heat source in the wintertime, they are much more common in warmer climates.

Heat pumps are rated for both heating and cooling—both in terms of capacity and efficiency. Heating efficiency is indicated by the heating season performance factor (“HSPF”). Cooling efficiency is indicated by the seasonal energy efficiency rating (“SEER”). Both indicate the relative amount of energy needed to provide a specific heating or cooling output. New residential heat pump standards went into effect in January 2006. Heat pumps manufactured after January 2006 must achieve a HSPF of 7.7 and a SEER of 13 or higher.

To apply for this CoServ rebate, please complete the air source or ground source application and submit all required documentation to save@coserv.com or mail to:

CoServ
ATTN: Energy Efficiency
7701 S. Stemmons
Corinth, TX 76210

Rebate Program questions?

Please email save@coserv.com or call (940) 270-6860.

Rebates are available only for qualifying purchases and/or services. The availability of the Rebate Program is limited and rebates will be processed on a first-come, first-served basis. When funds have been depleted, the Rebate Program will no longer be available until the next year pending Board approval. Members must submit the appropriate application form and required documentation to be eligible for rebates. CoServ reserves the right to inspect the Member’s property and equipment associated with a rebate request to determine eligibility. CoServ is not a party to any agreement between the Member and any service provider hired by the Member to install equipment (i.e., heat pumps or solar panels) in order to qualify for a rebate. The Member and such service provider are solely responsible for satisfying rebate eligibility requirements.

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