Incentives/Policies for Energy Efficiency
Last DSIRE Review: 01/09/2013
||Utility Rebate Program
|Eligible Efficiency Technologies:
||Furnaces , Boilers, Programmable Thermostats, Custom/Others pending approval, Boiler Tune-Up
|Amount:||Boilers: 25% of cost|
Boiler Tune-Up: 50% of cost
Programmable Thermostat: $20
Custom Incentives: $0.75/therm (less than 7500 therm savings) or $1/therm (greater than 7500 therm savings) calculated based on first year energy savings.
|Maximum Incentive:||Boilers: $5,000|
Boiler Tune-Up: $250
Custom Incentives: 30% of the total project cost or $25,000/project
|Eligible System Size:||Custom Incentives: Does not apply to projects with a simple payback less than 1.5 years.|
|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)|
Furnace: 92% AFUE or higher; Business must use Natural Gas for all space heating needs
Storage Water Heater: .62 EF
Tankless Water Heater: Minimum 0.82 Energy Factor
Boiler Tune-Up: Boiler Sizer and tune-up details must be provided
Vectren Energy Delivery offers commercial natural gas customers in Ohio rebates for the installation of certain types of efficient natural gas equipment. Prescriptive equipment rebates are available for measures including furnaces, boilers, boiler controls, and water heaters. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.
The custom rebate program offers a rebate of $0.75 per therm for energy savings of up to 7,500 therms and $1.00 per therm for energy savings of greater than 7,500 therms. The maximum rebate for the custom program is the lesser of 30% of the cost of a project or $25,000. Customers interested in the custom rebate program should contact Vectren to see if a potential project will qualify for a rebate. To participate in the program customers must be on rate schedules 320, 321 or 325.
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.
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.
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