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Incentives/Policies for Energy Efficiency

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Vectren Energy Delivery of Indiana (Gas) - Commercial Energy Efficiency Rebates   

Last DSIRE Review: 01/03/2013
Program Overview:
State: Indiana
Incentive Type: Utility Rebate Program
Eligible Efficiency Technologies: Water Heaters, Furnaces , Boilers, Steam-system upgrades, Programmable Thermostats, Custom/Others pending approval, Food Service Equipment, Tankless Water Heaters, Infrared Heater, Modulating Burner Control, Tune-Ups
Applicable Sectors: Commercial, Nonprofit, Local Government, State Government, Fed. Government
Amount:Boilers: $4/MMbtu
Boiler Modulating Burner Control: up to $5000
Boiler Reset Control or Tune-Up: $250
Boiler Tune-up: $200
Furnace: $150 - $275
Tank Water Heater: $125 - $150
Tankless Water Heater: $150
Hybrid Instantaneous Water Heater: $125
Steam Trap Servicing: $175 - $200
Infrared Heater: $5/MMbtu
Programmable Thermostat: $25
Pool Covers: $0.75/sq ft (Outdoor); $1.75/sq ft (Indoor)
Food Service Equipment: $74 - $750
Custom: $0.75 - $1.00/Therm saved in first year
Maximum Incentive:Boilers: $5,000
Boiler Modulating Burner Control: $5,000
Infrared Heater: $700
Custom: Contact Vectren
Equipment Requirements:Boiler: 90% AFUE (if less than 300,000 btu/h input rating); 90% Combustion Efficiency (if greater than or equal to 300,000 btu/h input rating)
Boiler Modulating Burner Control: Minimum 5 to 1 turn-down ratio
Furnace: 92% AFUE or higher; Business must use Natural Gas for all space heating needs
Water Heater: .67 EF or higher
Tankless Water Heater: Minimum 0.82 Energy Factor
Boiler Tune-Up: Boiler Sizer and tune-up details must be provided
Web Site:
Vectren Energy Delivery offers commercial natural gas customers in Indiana rebates for the installation of certain types of efficient natural gas equipment. Prescriptive equipment rebates are available for measures including furnaces, boilers, boiler controls, pool covers, water heaters, stream trap servicing and food service equipment. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.

The custom rebate program offers rebates of $0.50 per therm for energy savings of up to 7,500 therms, $0.75 per therm for energy savings of between 7,500 - 24,999 therms and a $1 per therm for energy savings of 25,000 or greater. Contact Vectren for eligibility requirements and for maximum incentive amounts. Customers interested in the custom rebate program should contact Vectren to see if a potential project will qualify for a rebate.

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.

  Vectren, Marketing and Conservation
Vectren Energy Delivery of Indiana
P.O. Box 513
Evansville , IN 47734-3552
Phone: (812) 491-4560
Web Site:
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.