AES Indiana - Business Energy Incentives Program
Indianapolis Power & Light Co commercial energy efficiency rebate program
program summary
The AES Indiana's Incentives Program assists commercial and industrial customers with reducing energy consumption through three common types of equipment: lighting, HVAC, and kitchen. 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.
eligible technologies
Geothermal Heat Pumps, Dishwasher, Lighting, Lighting Controls/Sensors, Heat pumps, Air conditioners, Compressed air, Programmable Thermostats, Energy Mgmt. Systems/Building Controls, Doors, Roofs, Food Service Equipment, Vending Machine Controls, LED Lighting, Commercial Refrigeration Equipment, HVAC, Electric Cooking Appliance, Heat Pump Water Heater, Ductless Mini-Split Heat Pump, Dual Fuel Air-Source Heat Pump
website
program administrator
AES Indiana
list of rebates
Air conditioners - Minimum rebate of $50 per ton
Ductless Mini-Split Heat Pump - Flat rebate of $40 per ton
Heat pumps - Flat rebate of $55 per Unit
Dual Fuel Air-Source Heat Pump - Flat rebate of $60 per ton
Geothermal Heat Pumps - Flat rebate of $240 per ton
Programmable Thermostats - Flat rebate of $100
Energy Mgmt. Systems/Building Controls - Minimum rebate of $75
Heat Pump Water Heater - Flat rebate of $500
Compressed air - Flat rebate of $8.75 per horsepower
LED Lighting - Minimum rebate of $1
Lighting Controls/Sensors - Minimum rebate of $0.1 per W
Electric Cooking Appliance - Minimum rebate of $250
Dishwasher - Minimum rebate of $375
Commercial Refrigeration Equipment - Minimum rebate of $75
Vending Machine Controls - Flat rebate of $20
program notes
- April 8, 2015
- Rebate incentives have changed.
- January 13, 2016
- 2016 incentive changes:New compressed air options including low pressure filters and no loss condensate drain/valvesThe addition of a $60/hp VSD air compressor rebateAdditional lighting discounts available through select Indianapolis distributorsElectric water heater rebates have been eliminated from the prescriptive application
- December 13, 2018
- Updated incentive information.
- August 26, 2022
- Updated incentives
- April 22, 2024
- Annual review. Updated incentive amounts/offerings
- October 27, 2025
- Annual review, program details have been updated.
What cities does Indianapolis Power & Light Co cover?
- The following cities are in the Indianapolis Power & Light Co service area. However, this program may not be
available in every city. Check the program website for details.
- Bargersville, Beech Grove, Boggstown, Brownsburg, Camby, Fairland, Fountaintown, Franklin, Greenfield, Greenwood, Indianapolis, Lebanon, Martinsville, Mc Cordsville, Monrovia, Mooresville, Needham, New Palestine, Paragon, Quincy, West Newton, Whiteland, Whitestown, Zionsville