NIPSCO (Gas & Electric) - Commercial & Industrial Energy Efficiency Program

August 22, 2024

Summary

NIPSCO’s Commercial and Industrial Energy Efficiency Program offers rebates to qualifying large commercial, industrial, non-profit, governmental, and institutional customers for installing new energy-saving equipment through NIPSCO's Prescriptive and Custom Incentive Programs. Prescriptive incentives reward eligible customers for replacing less efficient equipment on a one-for-one basis with pre-defined energy-saving technologies. Custom incentives are designed for more complicated projects or those that incorporate alternative technologies. Customer pre-approval is required for all Custom incentives.

The program is designed to help customers with energy and money-saving projects involving the installation of new, high-efficiency equipment or systems or upgrading or investing in new energy project(s). Eligible projects can include but are not limited to, lighting, HVAC, compressed air, refrigeration, food service, steam trap repair and replacement, and boiler burner controls. Rebate amounts are program-specific and are based on the type of equipment replaced or the number of kilowatt-hours (kWh) and/or therms estimated to be saved by the installation of the new equipment or systems. For a full list of eligibility requirements, rebate amounts, and limitations, see the program website.

Eligible NIPSCO customers include those currently billed under electric Rates 820, 821, 822, 822, 823, 824, 825, 826, 831 Tier 1, 832, 833, 841 or 844 and natural gas Rates 221, 225, and 251

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Indiana
Incentive Type: Rebate Program
Web Site: https://www.nipsco.com/save-energy/business/prescriptive-gas-incentives
Administrator:
Start Date:
Eligible Renewable/Other Technologies:
  • Dishwasher
  • Refrigerators/Freezers
  • Lighting
  • Lighting Controls/Sensors
  • Chillers
  • Furnaces
  • Boilers
  • Air conditioners
  • Steam-system upgrades
  • Programmable Thermostats
  • Energy Mgmt. Systems/Building Controls
  • Motor VFDs
  • Custom/Others pending approval
  • Other EE
  • Food Service Equipment
  • LED Lighting
  • Commercial Refrigeration Equipment
Incentive Amount: See The 2024 Prescriptive Measures List for a full list of Prescriptive incentives.

Electric Prescriptive Lighting Incentives: Ranges from $0.09 - $280.00

Electric Prescriptive Kitchen Incentives: Ranges from $50.00 - $1200.00

Electric Prescriptive Refrigeration Incentives: Ranges from $8.00 - $250.00

Electric Prescriptive HVAC Incentives: Ranges from $4.00 - $120.00

Electric Prescriptive Agriculture Incentives: Ranges from $1.10 - $3500.00

Electric Prescriptive Compressed Air: $0.80 - $350.00

Electric Prescriptive Water Heater Incentives: $65.00 - $100.00

Gas Prescriptive Water Heater Incentives: Ranges from $1.00 - $250.00

Gas Prescriptive HVAC Incentives: Ranges from $0.10 - $300.00

Gas Prescriptive Agriculture Incentives: Ranges from $0.50 - $100.00

Gas Prescriptive Kitchen Incentives: Ranges from $50.00 - $800.00

Maximum Incentive: The incentive cap per project is $500,000 annually per fuel. Each customer may receive up to $1,000,000 annually per fuel.
Incentives will be paid up to 100% of installed cost, including materials and labor. Funds are limited and therefore are paid on a first-come, first-served basis.
Equipment Requirements: See program application on website.

Contact

Name: NIPSCO Commercial & Industrial Energy Efficiency Program
Organization: NIPSCO
Address:
MO
Phone: (+18) 002-9925
Email: NIPSCO.SaveEnergy@LMCO.com

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.