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Indiana

Indiana

Incentives/Policies for Renewables & Efficiency

Printable Version
NIPSCO - Existing Facility Retrofit Incentive Program   

Last DSIRE Review: 04/07/2014
Program Overview:
State: Indiana
Incentive Type: Utility Rebate Program
Eligible Efficiency Technologies: Refrigerators, 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, Led Exit Signs, Commercial Refrigeration Equipment, Data Center Equipment, Food Service Equipment
Eligible Renewable/Other Technologies: Geothermal Heat Pumps
Applicable Sectors: Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, Institutional
Amount:Custom Projects: $0.09/kWh in electricity reductions
Energize Indiana Rebates: Varies widely
Maximum Incentive:Contact NIPSCO
$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
Expiration Date:12/31/2014
Web Site: http://www.nipsco.com/en/save-energy/business.aspx
Summary:

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.


 
Contact:
  NIPSCO - Electric Incentive Program
Northern Indiana Public Service Corporation
Phone: (855) 812-9085
Fax: (219) 750-9558
Web Site: http://www.nipsco.com/save-energy.aspx
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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.