NIPSCO 2024 Prescriptive Incentive Program Instructions
Eligibility*
Eligible customers include those currently billed under electric rates 520, 521, 522, 523, 524, 525, 526, 531 Tier 1, 532, 533, 541, 543 or 544 and those who have not opted out of participation in NIPSCO’s Energy Efficiency Program, and nontransport only natural gas rates 221, 225 or 251 (NIPSCO’s DependaBill rate).
Prescriptive Incentive Cap
The incentive cap per project is $500,000 annually per fuel. Each customer may receive up to $1,000,000 annually per fuel. Incentives will be paid up to 100% of installed cost, including materials and labor. Funds are limited and therefore are paid on a first come, first served basis.
Get Started!
- Review the list of Prescriptive Incentive measures.
- Purchase and install your energy-efficient equipment. Incentives greater than $10,000 require pre-approval prior to purchase or installation.
- Submit your application and supporting documentation.
Prescriptive Lighting Incentives
Prescriptive HVAC Incentives
Prescriptive Water Heater Incentives
Prescriptive Refrigeration Incentives
Prescriptive Kitchen Incentives
Prescriptive Compressed Air Incentives
If the customer participates in the Midstream Channel by purchasing qualifying equipment from a participating distributor, they are not eligible to participate in the Custom, Prescriptive, SBDI, New Construction or any other
NIPSCO programs for an incentive on the same piece of equipment.
NIPSCO offers several different Energy Efficiency Programs that can help your business save.
Visit our website to learn about what programs work best for your business.
NIPSCO.com/SaveEnergy
Phone: 1-800-299-2501 | NIPSCO.Savings@TRCcompanies.com | NIPSCO.com/SaveEnergy
NIPSCO’s Energy Efficiency Programs are administered by TRC, a third-party implementation specialist that helps businesses save energy.
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Documents / Resources
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NIPSCO 2024 Prescriptive Incentive Program [pdf] Instructions 2024 Prescriptive Incentive Program, 2024, Prescriptive Incentive Program, Incentive Program, Program |