One of the best ways to save energy and money in your home is by heating and cooling your home with a heat pump.
Heat pumps move heat into homes or buildings during winter and out of them in summer, reducing overall home heating and cooling costs by as much as 40%, according to the U.S. Department of Energy (DOE).
They can be installed in new or existing homes with no fossil fuels, propane gas tanks, and no danger of carbon monoxide. Installing a heat pump instead of an air-conditioner provides both heating and cooling options that can enhance comfort, reduce costs, and provide a long-term heating and cooling solution.
Electric Heat Rate
To help our members take advantage of energy efficient heating systems, Midland Power offers a special electric heat rate. In the simplest terms, the heat rate allows residential members to receive a discount for the electricity they use to heat their home. These heating sources are typically geothermal heat pumps, air source heat pumps, or resistance heat.
Geothermal Heat Pumps
- Most efficient heating and cooling system available, providing 70% more savings over a conventional system
- Qualifies for our discounted electric rate
- Federal tax credit available
- Efficient systems that transfer heat to or from the ground
- The earth’s temperature remains steady year-round and can be harnessed with a geothermal system to make homes comfortable
- Much longer lifespan than traditional HVAC systems, as the loops are buried underground, not exposed to harsh weather, and the units are housed indoors, with no exposure to extreme weather conditions
Closed Loop: $400/ton + $100 for hybrids
Open Loop: $300/ton + $100 for hybrids
Replacement w/ existing loops: $150/ton
Air Source Heat Pumps (incl. mini splits)
- Qualify for our discounted electric heat rate
- Transfers heat between your house and the outside air
- Use a system of coils to evaporate and condense a refrigerant with the help of a compressor
- During the summer, the heat pump functions as an air conditioner. During the winter, it runs in reverse and provides heat
- Can replace air conditioners and integrate well with your existing duct work.
- New technologies in air source heat pumps has also allowed for a new hybrid heat pump that uses LP or natural gas in addition to electric energy, allowing for additional efficiencies
ENERGY STAR Units (incl. hybrids & mini splits): $300/ton + $250/unit
SEER (Seasonal Energy Eff. Rating): 15+
EER (Energy Eff. Rating): 12.5+
HSPF (Heating Seasonal Perf. Factor): 8.5+
Cold Climate Units: $400/ton
Must be NEEP certified and listed at https://ashp.neep.org
Standard Units (incl. hybrids & mini splits): $200/ton
SEER: Under 15