NIPSCO - New Facility Efficiency Rebate Program (Indiana)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||NIPSCO - New Facility Efficiency Rebate Program|
|Incentive Type||Utility Rebate Program|
|Applicable Sector||Commercial, Fed. Government, Industrial, Institutional, Local Government, Nonprofit, State Government, Tribal Government|
|Eligible Technologies||Chillers, Compressed air, Custom/Others pending approval, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, Programmable Thermostats, LED Exit Signs, Commercial Refrigeration Equipment, Data Center Equipment, Food Service Equipment, Geothermal Heat Pumps|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Amount|| $0.45/kWh in electricity reductions
|Equipment Requirements||All equipment must be new|
|Expiration Date|| 2013-12-31
|Maximum Incentive|| 100% of incremental measure cost|
50% of total project cost
|Ownership of Renewable Energy Credits|| NIPSCO retains ownership of all current or future environmental attributes
|Program Administrator||Northern Indiana Public Service Corporation|
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.
|Contact Name||NIPSCO - Electric Incentive Program|
|Department|| Northern Indiana Public Service Corporation
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.