Build efficiency into your new building
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. 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 from implementation of the energy efficiency project. Energy savings will be determined using the AHSRAE 90.1 2007 standard as a baseline energy usage.
- $0.07/kWh below the baseline for lighting projects
- $0.10/kWh below the baseline for non-lighting
- $1.00/therm below the gas baseline
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 be incentivized. All projects must be completed by November 12, 2021 in order to be eligible.
Eligible customers include those currently billed under electric rates 720, 721, 722, 723, 724, 725, 726, 732, 733, 734, 741 or 744 and natural gas rates 121, 125 and 151 (NIPSCO’s DependaBill rate). Service for the project site must be active once the project is complete to receive incentive.
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.
Step 2 – Submit completed application with supporting documentation to NIPSCO.Savings@lmco.com
If electronic submission is not possible, the application and supporting documents can be faxed to 1-800-304-4550. 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 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 is free to 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.
Trade Ally information
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 Lockheed Martin. Find a Trade Ally* for your project.
NIPSCO’s commercial, industrial and non-profit energy efficiency programs are administered by Lockheed Martin, a third-party implementation specialist that helps businesses save energy.
*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.