Rebates & Loans

SUB offers an incentive of $800 to replace your existing electric resistance tank water heater with a new qualifying heat pump water heater (also called a hybrid water heater). Fill out the SUB Heat Pump Water Heater Info form 2023 (PDF) and submit it to SUB along with your receipt. Eligible products are listed on the NEEA Heat Pump Water Heater Qualified Products List.

If you have questions, please contact SUB’s Conservation Connection at (541) 746-0963. Additional info is available on the Hot Water Solutions website.

Online Promotion – GP Conservation

SUB residential electric customers replacing an electric water heater may purchase a Rheem hybrid water heater from General Pacific.

GP offers free delivery to your home and reduces your cost by the SUB incentive amount so there is no waiting for your rebate!

Of course, you can always purchase a qualifying HPWH from the vendor or store of your choice and apply for your rebate using the form noted above.

Let SUB help with your purchase of an energy-efficient ductless heat pump when converting from an existing electric resistance heat source!

Ductless heat pumps are 2 to 3 times more efficient than electric resistance heating (i.e. ceiling heat, electric wall heaters, electric furnaces) and they provide air conditioning when you need it during our hot summers.

Choose either a 0% interest loan (up to $4,500) or an $800 rebate for your DHP. (If converting from an electric forced air furnace, the rebate is increased to $900 and the max loan amount to $4,700.)

Call SUB at (541) 746-0963 to start the process!

Step One:

Call SUB at 541-746-0963. We will review with you eligibility information, incentive amounts, qualifying equipment and required documentation.
Ductless Heat Pump Program Information 2023 (PDF)

Step Two:

Get bids from contractors on our Heat Pump and Ductless Contractor List (PDF).

Step Three:

Select the contractor’s proposal of your choice and send us a copy.
Complete and submit the following two forms, stating if you are applying for a rebate or a loan:
1. Residential-Election-Form-2023Oct-Fillable (PDF)
2. Ductless Heat Pump Application Form 2023 Fillable (PDF)
• REBATES: Upon approval from SUB, schedule your work!
• LOANS: Fill out a Loan Applications (PDF). Upon loan approval, schedule your work!

Step Four:

Upon installation please submit a copy of the invoice.
The Installing Contractor must complete and submit this form: Contractor Invoice Form (PDF)
Schedule SUB to inspect the installation and when all paperwork is in order, SUB will issue a rebate check or authorize your loan funding.

Note:
Federal Tax Credits may be available for qualifying installations with advanced efficiencies.
Information is available at this link: https://www.subutil.com/conservation/tax-credits/

If you are a SUB residential electric customer with a ducted electric forced-air furnace or (non-variable speed) heat pump, then you qualify for rebates on advanced smart thermostats!

(Please note: homes heated with gas furnaces or with gas furnace/heat pump combos are not eligible.)

We offer two options:

FREE Google Nest Thermostat – instant rebate

This thermostat is available via our instant rebate program. Use the compatibility checker to make sure the thermostat will work with your heating and cooling system, then fill out the form, choose a color for your free thermostat, and decide whether you’d like to add an optional, matching trim plate for $15. Your new thermostat will be delivered right to your door with no paperwork!

Other Advanced Thermostats

Several advanced smart thermostats are eligible for rebates of $140 per thermostat. Qualifying models and a rebate application can be found here: Advanced Smart Thermostat Form (PDF).

Once your paperwork is complete and approved, SUB will credit your SUB electric account.

Why use a Smart Thermostat?
Smart thermostats save energy automatically and offer the added convenience of letting you control your heating and A/C from your phone.

ENERGY STAR® certified thermostats efficiently control your home’s heating and cooling system, which can save an average of 10% to 12% on heating bills and 15% on cooling bills.

Save at home and away
It can turn down when you leave so you save energy.

Control from anywhere
Change the temperature wherever you are with the Google Home app.

Monitors your system
Get alerts and reminders about your heating and cooling system.

 

Customers currently heating a home with an Electric Forced Air Furnace can upgrade to a qualifying heat pump with the help of substantial financial incentives.

Depending on the type of Heat Pump you purchase, you can receive a 0% interest loan with maximum loan amounts between $1,200 and $7,200 or rebates between $200 and $1,400. If you choose to have your ducts sealed using our Prescriptive Duct Sealing (scroll down to the separate section below for more information on our Duct Sealing program), you can receive an additional $250 rebate (or add $1,300 to your maximum loan amount.)

Customers heating homes with a system other than an electric forced air furnace have some incentive choices as well, if upgrading to a ducted Variable Speed Heat Pump.

INCENTIVE OVERVIEW:

• Convert existing Electric Forced Air Furnace to Heat Pump with Ducts:  $1,100 rebate or $5,700 loan

• Convert existing Electric Forced Air Furnace to Variable Speed HP:  $1,400 rebate or $7,200 loan

• Upgrade any existing heating system to ducted Variable Speed HP:  $200 rebate or $1,200 loan

Include Prescriptive Duct Sealing with any of the above and receive an additional $250 rebate or additional $1,300 loan.

(Click to see table of ducted heat pump rebates & loans)

For details and more information, call SUB’s Conservation Connection at 541-746-0963.

The following forms provide some information on SUB-approved contractors, and loan program parameters.

 

Receive a $500 rebate to help with the cost a newly purchased and installed residential Level 2 electric vehicle (EV) charger. These devices can help customers significantly improve vehicle charging times. Find details and eligibility requirements on SUB’s EV Charger rebate form or fill out the EV Charger Rebate Form online.

Note: Rebates are available retroactively for purchases made on or after January 1, 2019. See the rebate form for more information.

 

SUB currently offers appliance rebates on the purchase of new qualified Clothes Washers and Dryers.

  • ENERGY STAR® Clothes Washer rebate ($50)
  • ENERGY STAR® Clothes Dryer rebate ($100)

Access the rebate using our SUB appliance rebate form or by calling SUB’s Conservation Connection at (541) 746-0963.

You can also find out how much your old refrigerator costs to operate on the ENERGY STAR website.

SUB offers a 0% interest loan or a rebate on the cost of insulating the walls, ceiling, and floor of your home. To qualify, SUB will conduct an energy analysis, recommend improvements, help you through the loan or rebate process and then inspect the completed work. In addition, for income-qualified customers, SUB offers a 100% rebate on insulation. Call (541) 746-0963 for more information or view and download the appropriate forms:

(Note: The 100% rebate does not include manufactured homes)

Zero percent loans (up to $4,000) are available for qualifying SUB customers who install energy efficient windows. Customers must have permanently installed electric heat, and must have a fully insulated home. Call (541) 746-0963 for information or view and download the appropriate forms:

Studies show the average duct system loses 20% to 40% of its heating energy through leaks. Springfield Utility Board’s duct sealing program is designed to increase comfort and provide energy savings to SUB customers.

SUB offers a $250 rebate or $1,300 loan to assist with duct sealing.

The program is available for manufactured and site built homes that heat with an electric forced air furnace or heat pump system.  Customers with gas heated homes are not eligible. Please contact us at (541) 746-0963 for more information.