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ENERGY SAVING PROGRAM

You can qualify for more than $1,000 in incentives with HWE's Responsible Resource Home Program. > more







Radio-Controlled Switches   |   Geothermal System Rebates   |   Dual Fuel Rebates   |   Water Heater Rebates
Responsible Resource Home Program   |   Saving Energy Links   |   Saving Energy Tips

Geothermal system rebates

We offer a $600 rebate on new geothermal system installations. Geothermal heating and cooling is the most efficient comfort thanks to the nearly constant temperature of the Earth a few feet below the surface. Tubing buried in the ground circulates fluid that carries this warmth to the geothermal unit inside your home. The unit takes heat from the liquid, intensifies it using compression principles, and transfers heat to your home as warm air. A flip of the switch turns the geothermal unit into a cooling system. The system draws heat from your home and carries it, using the fluid in the tubing, back to the ground. It operates on the same principle as your refrigerator on a larger scale. Additionally, geothermal systems provide about 50 percent of your hot water. When you're air conditioning, your hot water is free!

Geothermal varieties
Geothermal systems can be installed in a variety of ways. You do not need a huge lot, a pond or a well. There are four types of geothermal systems based on how the liquid is utilized. Three systems are known as closed loop systems. This means the same fluid circulates in tubing over and over again in a sealed system. This pipe can be installed in a trench, a pond or holes drilled vertically. The fourth method involves using well water. This type of geothermal system is not recommended in northwest Ohio because of possible corrosion.

How much can you save?
Geothermal heating is three to four times as efficient as regular electric heat. A geothermal system can provide heating, cooling and hot water for half the cost of other equipment -- savings of $500-$800 per year are common. In fact, installation costs are decreased when factoring in the rebate we offer. Most homeowners find they recover the extra cost of a geothermal system in three to five years. Installation of a radio-controlled switch is required for rebate. This switch will turn off only the auxiliary emergency resistance heat; the compressor will continue to be operational. The switch will occasionally, for brief periods at a time, shut off the emergency heat (if you had this installed), which is used when it’s extremely cold. If your geo system is installed properly, you probably won’t notice any change.

Area geothermal dealer list

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For more geothermal information

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How do I get the rebate?

  1. As the geothermal system is being installed, you must have a free radio-controlled switch added to it. With so many different geothermal systems available and thus, procedures for installing the switches, Hancock-Wood has asked area geothermal contractors to install these switches for us (and you). So, ask your contractor to contact Hancock-Wood to have it installed. You can pick it the free switch at our office.  We require the switch to remain installed on the geothermal unit for the life of the system.
  2. Once the switch has been installed, contact our office to have a Hancock-Wood service technician visit your home to "test" the switch to ensure that it will receive signals from our statewide office.
  3. At that same time, also contact us with the information below (many contractors will provide this to you). You can send this to us via the Contact Us form, or via info@hwelectric.com, or fax (419-257-3024).
    1. Your name, address, phone, email
    2. Installing contractor name, address, phone, fax, email
    3. Brand/manufacturer name
    4. Size of system (in tons)
    5. Model number
    6. Serial number
    7. Size of resistance backup to be controlled (in KW)
    8. Domestic water heating option (indicate one of the following): a. Supplemental, b. On-demand, c. No domestic water heating
    9. Type of loop (indicate one):  a. Horizontal, b. Vertical, c. Pond, d. Open well, e. Pump & dump
  4. In order to receive the rebate, this information must be submitted at time of installation (no later), or it cannot be accepted.
  5. We will then mail the rebate check to you.
2451 Grant Road, PO Box 190, North Baltimore Ohio 45872-0190   |   800-445-4840   |   Fax 419-257-3024
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