TVA will pay a $50.00 rebate and FDEC will match rebate of $50.00 to any member who installs a new electric water heater in an existing home (new homes are not eligible). The $100.00 will appear as credit on the FDEC bill.
The new water heater must be at least 30 gallons or larger in size, also tankless water heaters are not eligible. FDEC must have a copy of the receipt, along with the customer's name, address, phone number and FDEC account number.
The rebate is for residential customers only. No commercial customers are eligible.