Schools/Educational Institutions Electric Incentive Program

For New Facility Construction

  • New or major renovation
  • Addition to existing facilities

This new program is designed to offer financial incentives to qualifying large Commercial, Industrial, Non-Profit, Government and Institutional customers for the completion of cost-effective energy projects involving the installation of new, high-efficiency equipment or systems.

NIPSCO has partnered with Franklin Energy Services, LLC, an industry leader, specializing in the implementation of energy efficiency and renewable energy programs for utilities and states, to administer the program.

Call us toll free at 855-812-9085 (Monday – Friday 7 a.m.-5 p.m. CST) with questions.
Fax: 219-750-9558

What type of projects qualify?

Under the new program, Commercial and Industrial customers planning to construct, renovate, or build an addition to a new building incorporating energy efficient technology will receive an incentive based on the amount of kilowatt hours (kWh) estimated to be saved during the first year through installation of the new equipment or systems.

Designs may incorporate systems including lighting, HVAC, compressed air, refrigeration, food service, motors, data center, IT systems and other projects resulting in incremental electrical energy savings.

Who Qualifies

  • Any business or non-profit organization served under NIPSCO electric tariffs 620, 621, 622, 623, 624, 625, 626, 632, 633, 634, 641, 644.
  • Do not begin the project until approved. Project approval is required before incentive eligibility will be granted.
  • Submitting Information Collection Application does not guarantee an incentive will be approved.
    Incentives are based on electricity reductions in kWh through qualified efficiency improvements at a rate of $0.045/kWh.
  • Energy reductions must be documented with auditable calculations.
  • Complete Terms and Conditions may be found on the application form.

How to Apply

Step 1 -  pdf Information Collection Application
Customers must be served under NIPSCO electric demand tariffs. Project descriptions, including basic information, must be submitted to NIPSCO for review and approval before qualifying for the incentive.

Step 2 - NIPSCO Reviews Application Form
Upon receipt of your Information Collection Application, NIPSCO will contact you within 3 business days to discuss next steps.

Step 3 - pdf Custom Installation Agreement
This form must be completed and returned within 7 business days prior to beginning any work.

Step 4 - Complete Your Approved Project

Step 5 -  pdf Completion Form
This form must be submitted within 30 days of taking occupancy of the building.


Trade Ally Information

All suppliers, firms, or trade allies involved in the installation of new, high-efficiency equipment or systems need to complete and submit the pdf Trade Ally Information Application.

Have Questions?

Call us toll free at 855-812-9085 (Monday – Friday 7 a.m.-5 p.m. CST) with questions.
Fax: 219-750-9558