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Indianapolis Power & Light - Business Energy Incentives Program

Eligibility 
Commercial
Industrial
Nonprofit
Schools
Multifamily Residential
Institutional
Savings Category 
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
Other EE
Food Service Equipment
Commercial Cooking Equipment
Pool Pumps
LED Lighting
Maximum Rebate 

Custom Incentives: Up to $100,000
Prescriptive: $50,000

Program Info
Sector Name 
Utility
Administrator 
Indianapolis Power & Light
State 
Indiana
Program Type 
Rebate Program
Rebate Amount 

Pumps: $22.50 - $300/pump
Central Air Conditioning/Heat Pumps (Rooftop/Unitary): $30/ton - $35/ton
Air Source Heat Pump: $35/ton - $50/ton
Geothermal Heat Pump: $350/unit
Chillers: $30/ton - $40/ton
Variable Frequency Drives: $40/HP
Programmable Thermostat: $50/unit
Lighting: Varies
Commercial Kitchen Equipment: Varies
Guestroom Energy Management Controls: $80 (electrically heated); $30 (gas heated)
Commercial Glass/Solid Door Refrigerators/Freezers: Varies
Refrigeration Equipment: $100/door - $120/door
Windows/Window Film: $1/sq. ft.
Pool Pump Motors: $60 - $80
Faucet Aerators: $2
Water Heaters: $20 - $500
Water Heater Wrap: $25
Engineered Nozzles: $20
Variable Frequency Drive on Compressor: $40

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.