NIPSCO (Gas & Electric) Small Business Direct Install Program

February 01, 2023


NIPSCO's Small Business Direct Install Program is designed to help small businesses minimize energy costs.

This program is available to any business or non-profit organization served under NIPSCO electric rates 820, 821, 822 or 823, who have not had a billing demand of 200 kW or greater in any month during the previous 12 months. Eligible natural gas customers are those served under rates 221, 225 or 251 (NIPSCO’s DependaBill rate).

Note: All projects must be completed by November 11, 2023 to be eligible for current 2023 incentives. Projects submitted after this date are subject to 2024 incentives and requirements. Applications must be submitted within 90 days of measure(s) installation.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Indiana
Incentive Type: Grant Program
Web Site:
Start Date:
Eligible Renewable/Other Technologies:
  • Equipment Insulation
  • Lighting Controls/Sensors
  • Furnaces
  • Boilers
  • Steam-system upgrades
  • Programmable Thermostats
  • Motors
  • LED Lighting
  • Commercial Refrigeration Equipment
Incentive Amount: All 2023 incentives can be found here
LED Lighting: $7-$345/unit
Occupancy Sensor:$0.10-$0.22/watts controlled
Commercial Refrigeration Equipment: varies
ECMs: $160/unit
Programmable Thermostat: $50 - $80/unit
Equipment Insulation: $2-$5.50 per linear foot
Steam Trap: $80 - $305
Boiler Tune-Up: $0.75
Boiler: $1.75-$3.00/MBH
Equipment Requirements: See program website


Name: NIPSCO Small Business Direct Install Program
Organization: NIPSCO
Phone: (180) 029-9250

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.