Northern Indiana Public Service Corporation (NIPSCO) offers incentives to commercial, industrial, nonprofit, government, and institutional customers for new, high-efficiency equipment or systems, including new construction, major renovations, or additions to 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). 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,Lighting,Lighting Controls/Sensors,Chillers,Heat pumps,Compressed air,Programmable Thermostats,Motors,Motor VFDs,Custom/Others pending approval,Food Service Equipment,Data Center Equipment,Commercial Refrigeration Equipment|
$0.045/kWh in electricity reductions
$1.10/therm in natural gas reduction
100% of incremental measure cost
50% of total project cost
$40,000 total per project - $20,000 per program (gas and electric)
$40,000 total per applicant per year - $20,000 per program (gas and electric)
|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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