Maine Incentives/Policies for Renewables & Efficiency |
 |
Last DSIRE Review: 10/29/2012
Program Overview:
| State: |
Maine |
| Incentive Type: |
Utility Rebate Program |
| Eligible Efficiency Technologies: |
Heat pumps |
| Applicable Sectors: |
Commercial, Residential |
| Amount: | Mini-Split Heat Pumps: $600; plus 7.75% financing if necessary |
| Equipment Requirements: | HSPF 10 or greater |
| Installation Requirements: | Contractor must be a registered installer
Commercial customers must have a billing demand of less than 25 KW
The home or business where the heat pump will be installed is owner-occupied
|
| Web Site: |
http://www.mainepublicservice.com/heat-pumps.aspx
|
Summary:
Maine Public Service Company offers a two-tiered incentive program for residential and small commercial customers. Mini-Split Heat Pumps are eligible for a rebate of $600, as well as a loan to cover the initial cost of the heat pump purchase. Financing is offered at 7.75% APR, for up to five years for approved customers. Bangor Hydro or Maine Public Service residential or small commercial customer in good standing may participate. Participating homes and business must use oil, propane, electric resistance heat or kerosene as the primary heat source and spend at least $1,400 on heat annually. The estimated energy savings associated with a new heat pump must cover the cost of the equipment, installation and loan (optional) over five years. Contact Maine Public Service Company for more information or see the program web site to view the online program application.
|
Contact:
| |
Customer Service
Maine Public Service Company
110 Carmichael Street
Presque Isle, ME 04769
Phone: (207) 760-2300
Phone 2: (877) 655-4448
Web Site: http://www.mainepublicservice.com/
|
|
|
|
 |
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.
|
