Solar & Battery Regulation & Incentive Programs

Indianapolis Power & Light - Business Energy Incentives Program

Program Overview

Category:: Financial Incentive
Program Type:: Rebate Program
Implementing Sector:: Utility
State:: Indiana
Eligible Storage Technologies:: Geothermal Heat Pumps, Water Heaters, Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Windows, Motor VFDs, Processing and Manufacturing Equipment, Custom/Others pending approval, Food Service Equipment, Commercial Cooking Equipment, Pool Pumps, LED Lighting
Website:: https://www.iplpower.com/Ways_to_Save/Business/Rebates/Prescriptive_Rebates/
Incentive Amount:: HVAC Pumps: $22.50 - $300/pump
Central Air Conditioning/Heat Pumps (Rooftop/Unitary): $30/ton - $50/ton
Air Source Heat Pump: $35/ton - $50/ton
Geothermal Heat Pump: $350/unit
Chillers: $30/ton - $50/ton
Variable Frequency Drives: $60/HP
Programmable Thermostat: $50/unit
Lighting: Varies
Energy Management: $30 - $80/room
RTC Controls with DCV: $100 - $1,000/unit
Commercial Kitchen Equipment: Varies
Engineered Nozzles: $20
Air Compressor with VFD: $60/HP
Heat Pump Water Heater: $500
Maximum Incentive:: Custom Incentives: Up to $100,000
Prescriptive: $50,000 per project
Total: $500,000 per customer per calendar year
Equipment Requirements:: See program website
Administrator:: Indianapolis Power & Light
Applicable Sectors:: Commercial, Industrial, Nonprofit, Schools, Federal Government, Multifamily Residential, Institutional
Utility:: Indianapolis Power & Light Co
Last Updated:: 12/13/2018

Eligibility Criteria

Eligibility	Sectors	Technologies
min $/ton30.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Chillers
max $50.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Chillers
$/Unit350.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Geothermal Heat Pumps
min $/ton35.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Heat pumps
max $50.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Heat pumps
$/horsepower60.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Motor VFDs
min $/Unit30.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Energy Mgmt. Systems/Building Controls
max $80.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Energy Mgmt. Systems/Building Controls
$/Unit50.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Programmable Thermostats
max $100000.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Custom/Others pending approval
max % of cost50.0000	Commercial Industrial Nonprofit Schools Federal Government Multifamily Residential Institutional	Custom/Others pending approval

Summary

The Indiana Power and Light Business (IPL) Energy Incentives Program assists commercial and industrial customers with reducing energy consumption through three common types of equipment: lighting, motors, and pumps (for HVAC and Processing Equipment). The program also offers Custom Incentives to provide incentives for energy efficiency projects involving other technologies. Participants interested in the Custom program should define the project and submit an application early, as they must be pre-screened and pre-approved. Once an application gains approval, an incentive is reserved until project completion. Contact IPL for more information on this offering.