At Wayne-White Electric, we are pleased to offer several different incentive rebate programs related to making your home more efficient. These rebates are made possible through a program offered by our generation and transmission cooperative, Hoosier Energy.
Just as we offered last year, we will continue our rebate program offerings for air source, dual fuel, geothermal, and mini-split heat pumps, hybrid water heaters, HVAC tune-ups, and electric outdoor equipment. Basically, if you purchase any of these items to make your home more efficient and they meet the listed qualifications, you could be eligible to receive money back on your purchase!
Shown on this and the following page is the break-down of each of the incentive rebate programs for 2025. We hope many of our members will take advantage of these opportunities to become more efficient. Not only will you save money when you purchase the equipment, but you will also save money in the long run on your electric bills!
In 2025, all rebates $500 and below will automatically be returned to you as a credit on your electric bill through Wayne-White Electric. Those credits larger than $500 will have the option of being returned as a check mailed to the member if they do not prefer a bill credit.
In order to help our members understand what qualifies for these rebates, below is an explanation of the types of HVAC units that can qualify for rebates.
Air Source Heat Pumps: These heat pumps have an outdoor unit (heat pump) and an indoor unit (air hander) that connects to the ducts that send the heated/cooled air to your vents. The indoor/outdoor units are connected by tubing that circulates refrigerant back and forth absorbing or releasing heat depending on thermostat settings. While very efficient in warmer climates, colder climate heat pumps can also include an auxiliary heating component for temperatures that dip below the efficiency of the heat pump. Heat pumps can deliver up to 10-15 times as much energy as they consume driving the compressor.
Geothermal Heat Pumps: Geo's work similarly like an air-source heat pump except it draws from the constant temperature beneath the ground instead of the outside air temperature. Most geo installs are closed-loop systems where a water-based solution runs through tubing buried underground or submerged in water. The trenches for the tubing can be up to 500 feet long. While geos are more expensive to install, they can last between 25-40 years and depending on the cost of energy and available incentives, your payback may only be 5-10 years.
Mini-Split Heat Pumps: These work very similarly to an air-source heat pump. Ductless mini-split heat pumps have an outdoor unit (condenser/heat pump) and indoor air handling units that can be installed on the wall or ceiling of each room. Each air handling unit can be managed by remote. The air handlers in a mini-split provides heated/cooled air directly from the air handlers thereby reducing the heating/cooling losses seen from air traveling through ducts.
Heat Pump/Hybrid Water Heater: Hybrid/heat pump water heaters have a fan at the top of the unit that draws in air across an evaporator, which is a series of refrigerant-filled tubes. The evaporator acts like a dehumidifier, blowing cooler, drier air back into the space. The heat from the ambient air of the water heater's location is transferred to the refrigerant, which is pumped through a compressor to increase its pressure and temperature.