Raccoon Valley Electric Cooperative customers, Iowa · Rebate

Raccoon Valley Electric Cooperative Rebates

Run by Raccoon Valley Electric Cooperative

Raccoon Valley Electric members can get rebates on geothermal ($1,000 per ton), air-source and mini-split heat pumps ($500 to $650 per ton), high-efficiency water heaters (up to $600), Level 2 EV chargers (up to $500), insulation and ENERGY STAR appliances.

Open Checked Oct 28, 2026

Amounts

How much you get

Geothermal $1,000 per ton (+$50 per unit with desuperheater), replacement $500 per ton. The amount depends on which of these fits your install.

What you installYou get
Geothermal heat pump (per ton)$1,000
Geothermal replacement (per ton)$500
SEER 15+/SEER2 14.3+ (per ton)Air-source heat pump$500
Add-on air source heat pump with gas backup (per ton)$650
Mini-split / ductless heat pump (per ton)$500
Air or geo (per ton)Heat pump compressor$100
Electric resistance heat (per kW)$20
High-efficiency storage water heaterN/A
Level 2 EV chargerN/A
Heat pump clothes dryer$100
Clothes washer or clothes dryer$50
Freezer or refrigeratorDishwasher$25
Insulation and weatherization (varies)N/A

Eligibility

Do I qualify?

You need to meet all 2 of these.

  • Current RVEC member-owner with active electric service.

  • Appliances must be ENERGY STAR certified, new and installed at the member's location; $250 limit per residential or farm account per year.

Applying

How to apply

Follow these steps.

  1. Download the rebate form for your equipment.

    Appliance, heating and cooling, water heater, lighting, EV charger and weatherization forms are posted.

  2. Attach receipts and documents.
  3. Submit by email or mail.

    Email info@rvec.coop or mail to RVEC, Attn: Member Services, 28725 Hwy 30, Glidden, IA 51443.

  4. Receive the rebate.

    Allow up to 30 business days; some rebates need an inspection.

Questions about applying(712) 659-3649 or info@rvec.coop

Your address

Next steps

Check that it covers your address. Then, if you want, ask for a contractor quote.

FAQ

Questions

How much does Raccoon Valley Electric Cooperative Rebates pay?

$20 to $1,000, depending on what you install. The table under How much you get lists each amount.

Do I need to be a Raccoon Valley Electric Cooperative customer?

Yes. It’s only for homes in Raccoon Valley Electric Cooperative customers, Iowa. See Do I qualify for the details.

Is it still available?

Yes. It was open when we last checked, on October 28, 2026.

Can I apply for more than one rebate in a year?

Yes. Multiple rebates are allowed if the items qualify; appliance rebates are limited to $250 per residential or farm account per calendar year.

Plain words

Words used on this page

SEER2 and EER2
Cooling efficiency ratings on the model’s spec sheet. Higher is better.

References

Sources

This page is built from these official pages, run by the program itself.

  1. Raccoon Valley Electric Cooperative - Rebates & Energy Efficiencyrvec.coop · Read Oct 28, 2026 · Re-checked weekly

When one of these pages changes, we re-check this page against it.

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Nearby

More in Iowa

  • All of Iowa

    Geothermal Heating & Cooling System Property Tax Exemption

    Amount varies

    Iowa homeowners who install a geothermal heating or cooling system pay no property tax on the value it adds to the home for ten years. File form 54-011 with your city or county assessor by February 1 of the first year you claim it.

    Checked Oct 28, 2026

  • All of Iowa

    Weatherization Assistance Program

    Work done at no cost

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    Checked Oct 28, 2026

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    Checked Oct 28, 2026