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Energy Efficiency and Conservation Program

Objective:

To establish the procedure and guidelines to promote high efficient heating equipment that the member/consumers of Traverse Electric may intall in the future.

Policy:

1. Traverse Electric will offer the following rebates/incentives to install high efficient heating equipment.
   1. Heat Pumps with a SEER of 13 or less - $400
   2. Heat Pumps with a SEER of 14 or more - $600
   3. One rebate per site.
2. In conjunction with East River's marketing program, Traverse Electric will loan up to $10,000 to eligible members/consumers for the following:
   1. Heating equipment
   2. Wiring costs
   3. Duct work

   C.  All loans will carry an interest rate of five percent (5%) per annum and will be amortized for 84 months.

Responsibility:

1. The Manager and department heads are responsible for the administration of this policy.
2. The Board of Directors is responsible for any changes in or revisions of this policy.