Vectren Energy Delivery of Indiana (Electric) - Commercial New Construction Rebates (Indiana)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Indiana

Name Vectren Energy Delivery of Indiana (Electric) - Commercial New Construction Rebates (Indiana)
Incentive Type Utility Rebate Program
Applicable Sector Commercial, Fed. Government, Industrial, Local Government, Nonprofit, State Government
Eligible Technologies Building Insulation, Central Air conditioners, Custom/Others pending approval, Heat pumps, Lighting, Lighting Controls/Sensors, Programmable Thermostats, Windows, LED Lighting, Roof Insulation
Active Incentive Yes

Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount HVAC Systems (New Construction): $0.12/kWh reduced

Lighting Efficiency (New Construction): $0.35/Watt reduced
Lighting Controls (New Construction): $45-$50/sensor
Roof/Attic Insulation (New Construction): $0.01/sq. ft./Watt reduced
Windows (New Construction): $0.40/sq. ft./Watt reduced
Custom (New Construction): $0.12/kWh reduced







Equipment Requirements See program brochure








Maximum Incentive Custom/HVAC Systems: $100,000 or 50% of the total project cost

Incentive cannot buy down project below 1.5 years payback.











Program Administrator Vectren Energy Delivery of Indiana
Website https://www.vectrenenergy.com/web/eenablement/learn_about/conservation/commercial_construction_i.jsp?sstate=IN

Last DSIRE Review 2013-01-03
Last Substantive Modification
to Summary by DSIRE
2013-01-03


References Database of State Incentives for Renewables and Efficiency[1]


Summary

Vectren Energy Delivery offers commercial customers in Indiana electric rebates for the installation of certain types of equipment in newly constructed buildings. Prescriptive and performance based equipment rebates are available for measures including lighting, HVAC measures and insulation. In order to qualify for rebates, equipment must meet program efficiency and installation requirements. See the program web site for these details.

A custom incentive program is available for projects that do not qualify under the prescriptive rebate program, which may include a variety of measures. The custom rebate program offers a rebate of $0.12/kWh reduced for energy savings. New construction custom incentives are awarded based upon whether, and how much, the project exceeds requirements of the 2010 Indiana Energy Code. The maximum rebate for the custom program is the lesser of 50% of the cost of a project or $100,000. Customers interested in the custom rebate program should contact Vectren to see if a potential project will qualify for a rebate. Prescriptive rebate forms must be completed within 90 days of the date of equipment purchase or service.


Incentive Contact

Contact Name Vectren Energy Delivery of Indiana

Division Vectren, Marketing and Conservation
Address P.O. Box 513

Place Evansville, Indiana
Zip/Postal Code 47734-3552
Phone (812) 491-4560


Email CNC@vectren.com
Website https://www.vectrenenergy.com/web/index.jsp
     
     


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"