Is it just me, or did this cold weather come quicker than normal? As the cold north winds begin to blow across the prairies, the electric and gas meters begin going north themselves! Those dreaded heating bills will begin to arrive in your mail boxes.
Now for the good news! In cooperation with Basin Electric G&T, Tri-State G&T is now offering an “Electric Heat Rate” beginning this heating season. Midwest’s Board of Directors approved an Electric Heat Rate for our consumers during the September Board meeting and will credit you 2.5 cents per kilowatt for metered electric heat usage October through April. This is a 30% savings on your electric heating cost. This is NOT a 30% savings on your entire electric bill, but on the energy needed to heat your home or business.
To be eligible for this electric heat rate you must have an electrician install a separate meter (metering equipment will be furnished by Midwest Electric) outside on your home or building. Most 240 volt electric heaters, such as baseboard heat, dual fuel heaters with electric backup, cove heaters, air to air heat pumps and geothermal heating and cooling systems are eligible. The units that are not eligible are regular water heaters used for space heating and any 120 volt heaters.
If you’ve been considering replacing that old gas or electric furnace, now’s the time. You can take advantage of the rebates Midwest offers on new air source heat pumps and geo thermal heat pumps with rebates from $300 to $500 per ton based on SEER ratings. Add a 30% reduction to the cost of heating your home with electric and you will discover that investment will pay for itself in just a few years.
Give us a call or stop by for more details and we will be glad to help you estimate the savings! Don’t let that cold north wind get under your skin or too deep into your wallet! Have a Happy Thanksgiving!
*Midwest Electric is an equal opportunity provider and employer.*