Solar & Battery Regulation & Incentive Programs

Indiana Michigan Power - Commercial and Industrial Rebate Program

Program Overview

Category:: Financial Incentive
Program Type:: Rebate Program
Implementing Sector:: Utility
State:: Indiana
Eligible Storage Technologies:: Lighting, Lighting Controls/Sensors, Chillers, Heat pumps, Air conditioners, Motors, Motor VFDs, Custom/Others pending approval, Food Service Equipment, Commercial Refrigeration Equipment
Website:: https://www.electricideas.com/work/prescriptive-rebates/
Incentive Amount:: Custom: $0.06/kWh saved annually
Lighting: Varies
Sensors: $15 - $25
Unitary/Split AC: $9 - $14/ton
Heat Pump: $9 - $25/ton
Variable Frequency Drives: $35 - $85/HP
Commercial Refrigerator: $60 - $120
Commercial Freezers: $90 - $360
Other Refrigeration: Varies
Fryers: $75
Hot Holding Cabinets: $150 - $450
Steam Cookers: $250 - $600
Griddle: $500
Dishwasher: $25 - $1,000
ECM Motors: $70
Compressed Air Nozzle: $12.50/nozzle
Maximum Incentive:: Prescriptive: $10,000. Projects over this amount require pre-approval.
Custom: $150,000 per site and $300,000 per company per program year across all programs.
Equipment Requirements:: Details available on web site and applications
Installation Requirements:: Details available on web site and applications
Administrator:: Indiana Michigan Power Company
Applicable Sectors:: Commercial, Industrial, Federal Government
Utility:: Indiana Michigan Power Co
Last Updated:: 12/12/2018

Eligibility Criteria

Eligibility	Sectors	Technologies
$/kWh (1 year)0.0600	Commercial Industrial Federal Government	Custom/Others pending approval
min $/ton9.0000	Commercial Industrial Federal Government	Air conditioners
max $/ton14.0000	Commercial Industrial Federal Government	Air conditioners
min $/Unit60.0000	Commercial Industrial Federal Government	Food Service Equipment
max $/Unit1000.0000	Commercial Industrial Federal Government	Food Service Equipment
min $/ton9.0000	Commercial Industrial Federal Government	Heat pumps
max $/ton25.0000	Commercial Industrial Federal Government	Heat pumps
$/Unit70.0000	Commercial Industrial Federal Government	Motors
min $/horsepower35.0000	Commercial Industrial Federal Government	Motor VFDs
max $/horsepower85.0000	Commercial Industrial Federal Government	Motor VFDs

Summary

Indiana Michigan Power offers rebates for HVAC equipment, variable frequency drives, commercial refrigeration equipments, food service equipment and lighting measures for commercial and industrial customers. Rebate guidelines are available on the Energizing Indiana web site and include technology-specific rebate levels, equipment requirements, and installation requirements. All equipment installed must be new, refurbished items are not allowed. In order to apply for the rebates, customers can download a copy of the relevant application form(s) on the program web site and follow all required procedures.