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.
|Incentive Type:||Rebate Program|
|Administrator:||Northern Indiana Public Service Corporation|
|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|
Custom Projects: $0.09/kWh in electricity reductions
Energize Indiana Rebates: Varies widely
$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|
|Name:||NIPSCO - Electric Incentive Program|
|Organization:||Northern Indiana Public Service Corporation|
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.
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