Buyer's Guide 2024
Indiana Michigan Power - Energy Savings Rebate Program
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Financial Incentive
- Program Type
- Rebate Program
- Implementing Sector
- Utility
- State
- Indiana
- Eligible Storage Technologies
- Geothermal Heat Pumps, Refrigerators/Freezers, Dehumidifiers, Water Heaters, Heat pumps, Programmable Thermostats, Motors, Pool Pumps
- Incentive Amount
- Wi-Fi/Smart Thermostat: $50-$100
Air Source Heat Pump: $100 - $200/ton
Ductless Heat Pump/Mini Split: $80 - $285/ton
Geothermal Heat Pump: $120-$240/ton
Packaged Terminal Heat Pump: $100-$250
ECM Furnace Fan Motor: $100
Heat Pump Water Heater: $350
Variable Speed Pool Pumps: $200
Dehumidifier: $25 - Equipment Requirements
- Equipment must be new and meet the specifications defined in the application.
Rebates cannot exceed the cost of equipment, excluding installation cost. - Installation Requirements
- Must be an I&M Indiana customer.
Equipment must be installed during the program period to be eligible.
Products must be purchased between January 1, 2015 and December 14, 2015.
Application must be postmarked or emailed on or before December 14, 2015 and within 90 days of equipment installation. - Administrator
- Indiana Michigan Power Company
- Applicable Sectors
- Residential
- Budget
- Applicable Utilities
- Indiana Michigan Power Co
- Last Updated
- 06/11/2021
- Funding Source
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