Variable Frequency Drive (VFD) Rebates
CVE wants to promote energy efficient methods for motor and pump based systems using Variable Frequency Drives (VFD). The co-op will offer members a rebate of sixty percent (60%) of the equipment cost for the installation of qualified VFDs. (taxes and labor not included)
All installed VFDs, regardless of the HP, must meet or exceed the Institute of Electrical and Electronics Engineers standard on Harmonic Control and Limitations (IEEE519) for electric power systems. A minimum of a 12 pulse Variable Frequency Drive is required; filters may also be required to prevent harmonic issues. Motors other than irrigation must have assumed annual load factors of at least 50 percent. Should the use of a VFD create unacceptable levels of harmonic distortion, the member will be responsible for resolving the issue to a level acceptable by CVE.
Rebates will be capped at $75,000.00 annually for any one member. Members must apply for rebates within 60 days of VFD installation.