Work efficiency into your new building plan
This program offers financial incentives to encourage building owners, designers and architects to exceed standard building practices and achieve efficiency that exceeds the current statewide building code requirements or industry-accepted baselines. The goal is to produce newly constructed and expanded buildings that are among the most efficient in the nation.
Incentives are calculated based on the estimated reduction in kilowatt hours (kWh) and/or therms resulting from implementing the energy efficiency project.
- $0.10/kWh for electric lighting projects
- $0.12/kWh for electric non-lighting projects
- $1.00/therm for natural gas projects
What type of projects qualify?
Eligible projects include new building projects where no structure or site footprint presently exists, an addition or expansion of an existing building, or a gut rehab for a change of purpose requiring replacement of electrical systems/equipment. Projects require pre-approval before purchasing and installing energy equipment to receive incentives.
All projects must be completed by November 16, 2024 to be eligible for current 2024 incentives. Projects submitted after this date are subject to 2025 incentives and requirements.
How to apply
Step 1 – Review and complete the application
It is understood that the scope of work may not be finalized at this time, please fill out the application to the best of your ability. You may request an outreach representative attend a design team meeting to discuss project details.
Need help completing the Excel Application? Watch this tutorial* for step-by-step instructions.
Step 2 – Submit completed application
Submit completed application with supporting documentation to NIPSCO.Savings@TRCcompanies.com
Required documentation:
- Explanation of baseline
- Equipment specifications
- Energy analysis/model results
- Measures you wish to apply for
Step 3 – Application review
Applications are reviewed in the order that they are received. Complete applications are processed for review within three (3) business days of submission.
Step 4 – Project approved, incentive offer delivered
Incentive offer must be signed and returned within 30 days of being issued.
Step 5 – Sign and return incentive offer, begin project
Once the incentive offer is signed and returned, the customer can purchase and install the energy-efficient equipment.
Step 6 – Delivery of completion form
Completion forms will be sent out approximately 1-2 weeks prior to the estimated completion date.
Step 7 – Project installed, sign and return completion form
Customer must submit final invoices along with signed completion form noting any changes to the scope of work.
Step 8 – Final review of project
Incentives are subject to change based on the final scope of work.
Step 9 – Receive incentive payment
Incentive checks typically arrive within 6-8 weeks.
CHECK PRESENTATIONS
Share your energy-saving story
Schedule a big check presentation with our team
Has your business recently completed an energy efficiency project with NIPSCO? Share your project’s impact with important business stakeholders and the community with a big check presentation.
Download the toolkit to start planning your NIPSCO big check presentation event today. The toolkit will take you step-by-step through the request process and provides tools to guide talking points and engage local media to amplify your efforts. Upon approval, NIPSCO representatives will join you at your upcoming event and present your cash incentive in the form of a big check.
Toolkit includes:
Request Form
Energy Efficiency Fact Sheet
Sample Media Questions
And More
Your project and energy-saving efforts deserve some recognition!
Have questions? To speak with a program representative, call TRC toll free at 1-800-299-2501 (Monday – Friday, 8 a.m. - 5 p.m. CT). You can also find a TRC Field Engineer* in your area.
Who qualifies?
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 natural gas rates 321, 325 and 351 (NIPSCO’s DependaBill rate). Service for the project site must be active once the project is complete to receive incentive.
Customers participating in the Midstream Program by purchasing qualifying equipment from a participating dealer, are not eligible to participate in the Prescriptive/Custom Program or any other NIPSCO program for an incentive on the same piece of purchased equipment.
Find a Trade Ally
Our Trade Allies can help you get started today! Trade Allies are suppliers, firms or contractors that are involved in the installation of high-efficiency equipment or systems and have been pre-approved by TRC. Find a Trade Ally* for your project. Interested in being a part of our Trade Ally Network? Complete and submit the Trade Ally Application*.
Related Information
Program Administration
NIPSCO’s energy efficiency programs are administered by TRC, a third-party implementation specialist that helps homes and businesses save energy
Third-party Links*
*Clicking on the above link takes the user to webpages operated and maintained by a third-party provider of energy efficiency and energy saving services not owned by or affiliated with NIPSCO. The link is provided as a convenience by NIPSCO, and NIPSCO does not make any representations or warranties regarding the security of the website or the provision of goods and services by the third-party provider. NIPSCO disclaims any and all liability that may arise from the use of third-party websites.
