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Oklahoma Electric Cooperative - Energy Efficiency Rebate Program

Savings Category 
Heat Pumps
Program Info
Program Type 
Utility Rebate Program
Rebate Amount 

Air-source Heat Pumps: $200 - $325/ton
Geothermal Heat Pumps (with de-superheater): $600 - $700/ton
Geothermal Heat Pumps (without de-superheater): $400 - $500/ton
Electric Water Heaters: $180

Oklahoma Electric Cooperative

Oklahoma Energy Cooperative (OEC) offers rebates to residential customers for the purchase of air-source heat pumps, dual-fuel heat pumps, geothermal heat pumps and water heaters. Air-source heat pumps are eligible for a $200 - $325/ton rebate and geothermal heat pumps are eligible for a rebate of between $400 and $700/ton. In order to qualify for the rebate, the heat pump must be installed in a newly constructed home or apartment complex or in an existing residential structure that is converting from gas to electric or upgrading an existing electric system to at least 15 SEER.

OEC offers a $180 rebate for a new electric water heater installed in a newly constructed home, apartments, and other structure billed under OEC’s commercial or residential rate, or in existing structures, residential or commercial, converting from gas to electric water heating. The replacement of an existing electric water heater does not qualify for a rebate. The water heater must meet certain requirements listed on the program web site.

Customers must submit a completed [ rebate claim form] within six months of equipment installation.

Other Information 

Air Source Heat Pumps: 15 SEER minimum
Geothermal Heat Pumps: 18.5 EER, 3.6 COP requirement for higher rebate level
Electric Water Heaters: minimum R-12 insulation value; two 4,500-watt heating elements; a five-year tank warranty