ALASKANS ARE MAKING THE SWITCH TO HEAT PUMPS AS THEIR PRIMARY HEAT SOURCE AP&T is expanding its commitment to clean energy and economic development in rural Alaska by providing an incentive program for electric air and ground source heat pumps. The program will be offered beginning March 1st on a first-come, first-served basis, with a total of 10x $500 incentives available. After this initial round of incentives, AP&T will evaluate the program’s use for potential continuation as part of its beneficial electrification strategy. Heat Pump Incentive Guidelines and Application Calculate Your Potential Savings Many of AP&T’s customers on Prince of Wales Island have been switching to heat pumps to obtain a variety of benefits: Potential savings on heating bill Convenience / low maintenance Cleaner indoor and outdoor air Safe heating option Automated / remote control options Uses locally-produced hydropower Environmentally friendly Efficient use of energy Provides air conditioning in warmer months WHAT IS A HEAT PUMP A heat pump is an energy efficient heating system that many of AP&T’s customers are installing in their homes, business, and community facilities. Similar to how an oil furnace uses a fuel pump and a fan motor to move heat through a house, heat pumps use electricity to run a compressor and fan motors. For every 1 unit of energy used to operate the system over the heating season, more than 3 units of heat energy are delivered into the home. Heat pumps are far more efficient than resistance space heaters. Today’s heat pumps operate with a high degree of efficiency, even in very cold temperatures. In fact, the Cold Climate Housing Research Center (CCHRC) strongly recommends heat pumps for use in Southeast Alaska. A heat pump works like an “air conditioner in reverse” – it uses a refrigeration cycle to extract heat from a cold space (outdoors) and move it indoors. A heat pump can keep your home or office cool in the summer just like a standard air conditioner. View our heat pump webinars INSTALLING WITH LOCAL VENDORS Some of AP&T’s customers have reported they are saving 25% to 50%, depending on the cost of oil. Others have indicated that as long as the cost of heating oil is over $2.00 / gallon, their heat pump is saving them money. However, AP&T strongly encourages it’s customers to do their own research and analysis based on their individual circumstances. This might include getting quotes from an installer, and examining your home energy bills and heating costs. Additional savings can come from lower lifetime maintenance costs compared to wood stoves or oil furnaces. With heat pumps, your annual maintenance includes a small fee for cleaning the outdoor unit. HEAT PUMP VENDOR / INSTALLER LOCATION PHONE Ocean Air Contracting Prince of Wales 360.329.2133 Prince of Wales Island Electric & Repair Prince of Wales 907.755.2443 Tongass Electric Prince of Wales 907.329.2054 Ketchikan Dray Ketchikan 907.225.3172 Ketchikan Mechanical Ketchikan 907.225.9466 Schmolck Mechanical Ketchikan 907.225.6648 Home Tech Ketchikan 907.225.5129 Northern Refrigeration Juneau 907.523.2700 Channel Electric Prince of Wales 907.225.9725 LOCAL FINANCING OPTIONS Local banks and credit unions are able to provide affordable financing in support of heat pump conversions. Financing allows consumers to immediately realize the benefits associated with heat pump conversions, without having to make a large up-front investment using cash. The following banks are willing and able to make loans for heat pump conversions on Prince of Wales Island: FINANCIAL INSTITUTIONS LOCATION PHONE Wells Fargo Prince of Wales 907.826.3040 First Bank Prince of Wales 907.826.3254 Key Bank Ketchikan 844.433.2068 Northrim Bank Ketchikan 907.225.4545 Tongass Federal Credit Union Klawock 907.755.2800 Tongass Federal Credit Union Thorne Bay 907.828.8880 Alaska USA Federal Credit Union Ketchikan 907.247.7600 © 2021 Alaska Power & Telephone Company | All Rights Reserved | Privacy Policy | Terms of Use | Contact Us