Texas Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 03/14/2013
Program Overview:
| State: |
Texas |
| Incentive Type: |
Utility Rebate Program |
| Eligible Efficiency Technologies: |
Water Heaters, Heat pumps, Central Air conditioners, Heat Pump Water Heaters |
| Applicable Sectors: |
Residential |
| Amount: | Central A/C: $225 - $275, varies by efficiency rating
Heat Pumps: $300 - $400, varies by efficiency rating
Marathon Water Heater: $150
Heat Pump Water Heater: $250 |
| Eligible System Size: | The air-condition capacity sizing ratio must exceed 500 square feet per ton
Marathon Water Heater: 40 Gallons
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| 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
Outdoor condensing units, indoor evaporating coil, and air handler must be new and matched as shown in the current A.R.I. directory |
| Web Site: |
http://www.magicvalley.coop/Electric-Service/Residential/Rebates
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Summary:
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.
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Contact:
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Customer Service
Magic Valley Electric Cooperative
PO Box 267
Mercedes, TX 78570
Phone: (866) 225-5683
Phone 2: (956) 514-1200
Web Site: http://www.magicvalley.coop/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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