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HomeMy WebLinkAbout03222023 PACAB Laydown - HEA 2.3o 3ZZ PAc,4 wvr� w � Homer Electric Corporate Office Kenai Office yEA./, a Inc. 3977 Lake St 280 Airport Way ," Association, I Homer,AK 99603 Kenai,AK 99611 (907)235-8551 (907)283-5831 Toll Free within Alaska(800)478-8551 LINE OF CREDIT PROGRAM Homer Electric Association (HEA)offers a line of credit(LOC)to qualified members for amounts ranging from $200 to$10,000 for purchase of approved electrical and plumbing appliances.The following is a description of member qualification requirements and local Retailer information. Eligible merchandise is listed on the back. MEMBER INFORMATION&QUALIFICATION REQUIREMENTS: 1. The member and Retailer are currently receiving electric service from HEA. 2. Only new, electrical, and plumbing appliances/apparatus that comply with Public Law 100-12 will be eligible. 3. The Retailer provides the member a written quote with the product description and the member's name. 4. HEA verifies eligibility of the member, credit worthiness, and issues a purchase order (PO) to the member to take to the Retailer with their quote. 5. Financing will be available for up to sixty (60) months (5 years), for up to $10,000, to be billed in equal monthly installments.LOC will be billed separately and installments will be automatically drafted from designated credit card account or bank account. 6. There is a$35.00 application fee per LOC loan,which must be paid at the time of application. 7. The contract signed by the member will be activated upon completion of paperwork. Monthly statements are available on-line(www.homerelectric.com)through the EASYPAY program. 8. The contract will become due and payable in full if the member discontinues electric service with HEA. 9. ALL merchandise listed on the purchase order must be picked up within 30 days of issuance of the purchase order or the agreement is cancelled. 10. Upon receipt of the merchandise,the member will sign the Retailer's purchase order to indicate all items listed have been received. QUALIFIED LOCAL RETAILER INFORMATION & HEA REQUIREMENTS FOR PAYMENT OF INVOICE: Note: If you have not completed a Retailer application to qualify as a participating Retailer, please contact your local HEA office for an application. Effective 6-13-05 1. The Retailer supplies the customer a written quote with a description of the merchandise and the customer's name. 2. Once member eligibility is established, HEA provides the member a purchase order to take to the local retailer. 3. The Retailer will releases ALL merchandise listed on the invoice to the customer in its entirety to ensure only one invoice is submitted to HEA for payment. 4. The Retailer will have the customer sign the Retailer's purchase order to acknowledge receipt of all merchandise. 5. The Retailer will send the invoice and a copy of the signed HEA purchase order to the attention of "Accounts Payable",Homer Electric Association,Inc.,3977 Lake Street,Homer,AK 99603. 6. Invoices must be submitted for payment to HEA within thirty(30)days of the PO date. 7. Retailer will note if the"quote" is being submitted as an invoice for payment. 8. Payment to the Retailer will be rendered within thirty(30)working days from receipt of completed paperwork. 9. Any amount billed to HEA in excess of the amount indicated on the purchase order will be paid by the member directly to the Retailer. 10. All returns and exchanges are handled only between the customer and the Retailer. HEA Form#0073(Revised 9-16-21) Page 1 HEHomer Electric Corporate Office Kenai Office A3977 Lake St 280 Airport Way / Association, Inc. Homer,AK 99603 Kenai,AK 99611 (907)235-8551 (907)283-5831 Toll Free within Alaska 800-478-8551 LINE OF CREDIT PROGRAM HEA's Line of Credit Program is available to qualified members for amounts ranging from $200 to $10,000 for the purchase of electrical and plumbing appliances and the labor to install. The program falls under the State of Alaska Statutes for the Electric and Telephone Act Code 10.25.020. Powers of Electric Cooperative 10.25.020 An electric cooperative may assist persons to whom electric energy is or will be supplied by the cooperative in wiring their premises and in acquiring and installing electrical and plumbing appliances, equipment,fixtures, and apparatus and financing them, and in connection with these services wire or have wired the premises, and buy, acquire, lease, sell, distribute, install, and repair electric and plumbing appliances, equipment, fixtures, and apparatus. Local Retailers Eligible Merchandise AES Electric Supply Inc.(3659) Back-up Generators/Transfer Switches Agape Electric(7181) Electric Appliances: AK Quality Water Conditioning(4898) Dishwasher Alaska's H2O Pro's LLC(6238) Electric Outdoor Grills(EX: Traeger) Beemuns Variety(54) Freezer Big G Electric&Engineering(3033) Heater Blackwell Pump Services(6740) Hot Tub,Whirlpool,Sauna Brians Appliance(1565) Range,Oven,Oven Fan Brown's Electric Supply(1097) Refrigerator Cycle Logical LLC(6694) Dave's Electrical Services LLC(7123) Washer/Dryer Dan's TV&Appliances(199) Water Heater Ferguson Enterprises(4724) Electric Infrastructure: Glacier Distributing(6149) Electric Bicycles Home Depot Credit Services(4711) Electric Car Chargers Integrity Electric(6314) Heat/Air Exchange System Journeyman Plumbing&Heating(6329) Heat Pump Kachemak Electric Co.(889) Water Pump Kasilof Plumbing&Heating(6073) Wiring Kenai Comfort Heating(xxxx) Meter Loop(HEA) Lower Peninsula Power Sports(5869) Plumbing Appliances: Loopy Lupine Distribution LLC(5424) Garbage Disposal Matheson Tri-Gas Inc.(6812) Midnight Sun Solar LLC(7128) Water Treatment System Morgan Steel Inc.(465) Renewable Energy Products&Services Preferred Plumbing&Heating(1159) Yard Light(HEA) Quality Air Flow(6388) River City Construction(6714) Eligible Services Ron's Rent it Center(579) Delivery,Installation,Repair,Sales Tax,and Spenard Builders Supply(640) Shipping The Electric Outlet(4535) Ulmer's Drug&Hardware(691) HEA Vendor number in parenthesis VBS Heating Products(4194) Water Systems&Services Co(661) Yenney&Associates Construction(5204) HEA Form#0073(updated 7-18-22) page 2 HLINE OF CREDIT PROGRAM E 4 At'ir Partner in. En.ergjSaviris A Touchstone Energy'Cooivrtiv9 LOC LOCAL RETAILER APPLICATION Retailer# Program Overview Homer Electric Association offers a line of credit to active members from$200-$5,000 for the purpose of purchasing electrical and plumbing appliances,equipment,fixtures and apparatus.Members may obtain a quote from a qualified local Retailer for items on the approved merchandise list and apply for a Line of Credit. Upon credit approval,the member is issued a purchase order to provide the Retailer. Once all merchandise is received and the member has signed the purchase order,the Retailer may submit an invoice with a copy of the signed purchase order to Homer Electric for payment. Program Disclaimer Homer Electric is not responsible for lost or damaged merchandise. All returns, exchanges or dissatisfaction with merchandise are to be resolved between the Retailer and their customer. Application Requirement To qualify as an approved local Retailer the following requirements must be met: a) The Retailer submits a completed Local Retailer Application form. b) The business has an active membership with HEA. c) The business has a physical business address within HEA service area. d) The business provides a copy of their current Alaska business license. e) The business provides a current copy of a completed W-9 form.Payments will be released only to Retailers with a completed W-9 on file at Homer Electric. f) A list of qualifying equipment to be sold will accompany the application. Please complete the following and submit your application to your local Homer Electric office or mail to:Homer Electric Association,Inc.,Attention:Member Services,3977 Lake Street,Homer,AK 99603. You will be notified promptly by phone upon approval. Member#: Date: Membership Name: Business or Retailer Name: Business Mailing Address: Business Physical Address: Business License ID#: Local Phone#: Other Contact#: (Accts Rec.) Email Address: Web Site Address: I/We certify that all information provided herein is true and complete and is being submitted for the purpose of qualifying as a participating Retailer for the Line of Credit program.I agree to follow all governing Rules and Regulations of the Association and understand that if a breach or a default occurs, the Association may cancel my status as a qualified participating Retailer of the Line of Credit program. Authorizing Signature: Title: Office Use Only Date application received: By: Date submitted for review: Reviewed by: Date reviewed: Approved Not approved Date approved: Coop Code(4)=35 Notified Retailer Date: By: HEA Form#0075 (Revised 9/1/13) Manager Approval: Date: April 1,2008 NC Homer Electric HEATPUMP A Association, Inc. BASICS HEAT PUMP REBATE Heat pumps extract heat from a source HEA is proud to support incentives for early-adopting members transitioning location and deliver it to another location to efficient heating systems in our service territory. As heat pumps have (load) using the phase change of a refrigerant. increased in efficiency, they can now be a more economical heat source than fuel oil or propane (and have always been more efficient than forced-air The electricity associated with this process is electric furnaces, electric baseboards, and electric space heaters). to run both a compressor to accomplish this phase change, and the fans used to dissipate Members can access rebates of up to $1 ,000 for the purchase and the heat. Electricity is not used in the "creation" installation of a qualified heat pump. Act now, as rebates for this program of heat. are limited. In addition to the rebates, members can use HEA's low-interest line-of-credit as they've long been able to for any electrical appliances. When compared to other forms of heating systems, financially heat pumps generally have Member/homeowners can receive a $500 on-bill credit to install a positive returns. The only general exception to qualifying energy-efficient heat pump. HEA offers an additional $500 this is natural gas. Analysis should be done on rebate check to a licensed plumbing/HVAC or general contractor installing a case-by-case basis to establish the financial a heat pump for a member. return. SUMMER •a. 0 T °COOLED D AIR THERMOSTAT [>tl NE • n PA WARM LEARN MORE � I or 1 F., AIR ' HEAT PUMP BENEFITS WINTER .°' More efficient than other heating systems. El' '0 W More cost-effective than oil or propane. +_F ' COOLID /� �••fit: Alt THERMOSTAT .W Improved indoor air quality. OUTSIDE "'R COOLED .o') Heat pumps can also serve as air conditioners. homerelectric.com \/ ILi` Jr I > prteam@homerelectric.com . ., ....., ,..,, _ , . FURNACE VS. H 'T PUMP _ . ,..., _ THE GREAT DEBATE i , ,.-!.,... 0 Furnaces and heat pumps are two of the most popular home heating options. While both can offer efficient home heating, one option may be better suited for your home. 0 m _ 111 ::: '' -''' ' '- How does a heat pump work? You already have a heat pump in your home - your refrigerator. It keeps your food cool by using liquid FURNACEHEAT PUMP refrigerant to move heat from inside your fridge to your kitchen. Heat pumps work in the same way. A heat pump's refrigeration system consists of a compressor and two coils made of copper tubing (one indoors and one outside),which 4t HEAT PRODUCTION 4to HEAT PRODUCTION are surrounded by aluminum fins to aid heat transfer. In heating mode, liquid refrigerant in the outside coils extracts Furnaces rely on a fuel source such as oil or Heat pumps use electricity and refrigerant to heat from the air and evaporates into a gas. The indoor natural gas to produce heat. Some are transfer heat from outdoor air to the inside. coils release heat from the refrigerant as it condenses back powered by electricity. They can also work in reverse to cool a home. into a liquid. A reversing valve, near the compressor,can change the direction of the refrigerant flow to switch from heating mode to cooling mode. gEFFICIENCY „a EFFICIENCY ;°f In Alaska summers, heat pumps act as air conditioners, Some new furnaces are up to 98%efficient. Heat pumps can be up to 300%efficient, transferring warm indoor air to the outdoors,to keep meaning only 2%of fuel isn't actually• meaning they need only one unit of your home nice and cool. generating heat. electricity to move three units of heat. :as In the winter, heat pumps extract heat from the outside air, with some modern heat pumps operating down to -1 OF, to keep Alaska homes warm and comfortable. WHICH IS BETTER FOR ME? WHICH IS BETTER FOR ME? .," Heat pumps are not furnaces. They don't produce heat by A furnace may be a better option if: A heat pump may be a better option if: burning fuel; they use electricity to move heat from one You have access to natural gas No natural gas lines lead to your home location to another. You recently installed a new air conditioner You need to replace your air conditioner riaHomer Electric Association,Inc.