NIPSCO - Existing Facility Retrofit Incentive Program

April 07, 2014

Summary

Northern Indiana Public Service Corporation (NIPSCO) offers incentives to commercial, industrial, nonprofit, government, and institutional customers for replacing or retrofitting equipment or systems in existing facilities. Customers receive rebates based on the estimated electricity to be saved in the first year that the new equipment or systems are in place. Systems or equipment installed before receiving project approval are not eligible for rebates. The payback period for the installed equipment must be more than one year (without the incentive). Additionally, prescriptive rebates are available through Energizing Indiana. More information regarding the application process and eligibility is available on the program web site.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Indiana
Incentive Type:	Rebate Program
Web Site:	http://www.nipsco.com/en/save-energy/business.aspx
Administrator:	Northern Indiana Public Service Corporation
Start Date:
Eligible Renewable/Other Technologies:	Geothermal Heat Pumps Refrigerators/Freezers Lighting Lighting Controls/Sensors Chillers Heat pumps Compressed air Programmable Thermostats Motors Motor VFDs Processing and Manufacturing Equipment Comprehensive Measures/Whole Building Custom/Others pending approval Food Service Equipment Data Center Equipment Commercial Refrigeration Equipment
Incentive Amount:	Custom Projects: $0.09/kWh in electricity reductions Energize Indiana Rebates: Varies widely
Maximum Incentive:	Contact NIPSCO $500,000 per project per year $1,000,000 per applicant per year
Equipment Requirements:	All equipment must be new
Ownership of Renewable Energy Credits:	NIPSCO retains ownership of all current or future environmental attributes

Contact

Name:	NIPSCO - Electric Incentive Program
Organization:	Northern Indiana Public Service Corporation
Address:
Phone:	(855) 812-9085

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.