CenterPoint Energy (Gas) - Business Energy Efficiency Rebates

August 15, 2024

Summary

NOTE: As of August 2024, it appears that CenterPoint Energy no longer offers commercial rebates for customers


CenterPoint Energy Delivery of Ohio, formerly Vectren Energy Delivery of Ohio,  offers commercial natural gas customers in Ohio rebates for the installation of certain types of efficient natural gas equipment. Prescriptive equipment rebates are available for measures including programmable thermostats, furnaces, boilers, inrared and unit heaters, and commercial kitchen equipment. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.

The custom rebate program offers a rebate of $0.75 per therm (equivalent to Ccf) for energy savings of up to 7,500 therms per year and $1.00 per therm for energy savings of greater than 7,500 therms per year. The maximum rebate for the custom program is the lesser of 30% of the cost of a project or $25,000. The incentives do not apply to projects with a simple payback of less than 1.5 years. Customers interested in the custom rebate program should contact CenterPoint to see if a potential project will qualify for a rebate. To participate in the program customers must be on rate schedules 320, 321 or 325.

Prescriptive rebate forms must be completed within 90 days of the date of equipment purchase or service. Please consult the program web site for additional information about program requirements, eligible equipment, and applications.

 

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Ohio
Incentive Type: Rebate Program
Web Site: https://midwest.centerpointenergy.com/savings/oh-business/rebates#auto_expand
Administrator: CenterPoint Energy
Start Date:
Eligible Renewable/Other Technologies:
  • Furnaces
  • Boilers
  • Programmable Thermostats
  • Custom/Others pending approval
  • Commercial Cooking Equipment
Incentive Amount: Programmable Thermostat: $50/unit
Gas Boiler: $6/MBtu input
Gas Boiler Tune-up: 50% of cost
Gas Furnaces: $300-$400
Gas Infrared heater: $500
Gas unit heater: $350
Gas Steam Cooker: $650
Gas Convection Oven: $900
Combination Oven: $2,000
Gas Dishwasher: $125
Gas Fryer: $500
Maximum Incentive: Programmable Thermostat: 2 per facility
Gas Boiler: $5,000
Gas Boiler Tune-up: $250
Custom Incentives: 30% of project costs or $25,000
Equipment Requirements: See program site for details and qualifying products.

Incentives

This program has 4 incentives
Technologies: Programmable Thermostats
Sectors: Commercial
Parameters: The incentive is 50.00 $/Unit, The incentive has a minimum of 2.00 null
Technologies: Custom/Others pending approval
Sectors: Commercial
Parameters: The incentive has a minimum of 30.00 % of cost, The incentive has a minimum of $25000.00
Technologies: Boilers
Sectors: Commercial
Parameters: The incentive has a minimum of $5000.00
Technologies: Furnaces
Sectors: Commercial
Parameters: The incentive has a maximum of 300.00 $/Unit, The incentive has a minimum of 400.00 $/Unit

Contact

Name: Kirk Barrett
Address: 6500 Clyo Rd.
Centerville OH 45459
Phone: (937) 760-8232
Email: dbarrett@vectren.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.