1 minute read

Thermal storage technologies

A $40 per kilowatt rebate is available for installation of up to 500 kilowatts of thermal-storage applications served on our Deferred Load or Fixed Time of Delivery Rates. Eligible applications include:

■ Central furnaces.

■ Room units.

■ Underfloor cable or panel systems.

■ Electric boilers installed to serve underfloor hydronic systems.

■ Ice storage applications.

A system must have adequate capacity to heat or cool the space during the maximum control period allowed by the rate to qualify for a rebate.

Minimum eligible system size to qualify for a rebate is 9 kilowatts.

Electric heating technology

Rebates are available for electric heating technologies when a minimum of 9 kilowatts (kW) is installed and served through our Dual Fuel Rate.

■ Receive a $15 per kW rebate for baseboard, cove heat, or radiant electric heating including floor warming.*

■ Receive a $500 rebate for installing 9 kW to 25 kW, or a $20 per kW rebate for systems larger than 25 kW, for an electric plenum heater, electric boiler, electric furnace, or electric cable or panel storage heating.**

*Floor warming is nonstorage heating placed beneath flooring material. **Electric cable or panel storage heating is limited to installations under new construction slab foundations.

Break-even costs for electric heating systems

To calculate the break-even point of electricity compared with natural gas, propane, or heating oil, find the price per kilowatt-hour paid (prices will vary by rate) and the efficiency level of the fossil fueloperated equipment you’re comparing. The price shown is the all-in price fossil fuels must reach to break even with electricity prices.