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
Air conditioners, Commercial Refrigeration Equipment, Compressed air, Dishwasher, Doors, Dual Fuel Air-Source Heat Pump, Ductless Mini-Split Heat Pump, Electric Cooking Appliance, Energy Mgmt. Systems/Building Controls, Food Service Equipment, Geothermal Heat Pumps, HVAC, Heat Pump Water Heater, Heat pumps, LED Lighting, Lighting, Lighting Controls/Sensors, Programmable Thermostats, Roofs, Vending Machine Controls
program administrator
AES Indiana
list of rebates
- Flat rebate of $55 per Unit (Air conditioners)
- Maximum rebate of $80 per ton (Air conditioners)
- Minimum rebate of $50 per ton (Air conditioners)
- Maximum rebate of $1500 (Commercial Refrigeration Equipment)
- Minimum rebate of $75 (Commercial Refrigeration Equipment)
- Flat rebate of $8.75 per horsepower (Compressed air)
- Maximum rebate of $1400 (Dishwasher)
- Minimum rebate of $375 (Dishwasher)
- Flat rebate of $60 per ton (Dual Fuel Air-Source Heat Pump)
- Flat rebate of $40 per ton (Ductless Mini-Split Heat Pump)
- Maximum rebate of $2000 (Electric Cooking Appliance)
- Minimum rebate of $250 (Electric Cooking Appliance)
- Maximum rebate of $200 (Energy Mgmt. Systems/Building Controls)
- Minimum rebate of $75 (Energy Mgmt. Systems/Building Controls)
- Flat rebate of $240 per ton (Geothermal Heat Pumps)
- Flat rebate of $500 (Heat Pump Water Heater)
- Flat rebate of $55 per Unit (Heat pumps)
- Maximum rebate of $250 (LED Lighting)
- Minimum rebate of $1 (LED Lighting)
- Maximum rebate of $0.45 per W (Lighting Controls/Sensors)
- Minimum rebate of $0.1 per W (Lighting Controls/Sensors)
- Flat rebate of $100 (Programmable Thermostats)
- Flat rebate of $20 (Vending Machine Controls)
program notes
- 2025-10-27 18:52:28
- Annual review, program details have been updated.
- 2024-04-22 17:57:52
- Annual review. Updated incentive amounts/offerings
- 2022-08-26 19:16:02
- Updated incentives
- 2018-12-13 15:59:33
- Updated incentive information.
- 2016-01-13 21:05:31
- 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
- 2015-04-08 19:39:54
- Rebate incentives have changed.