Upgrade your small business and save
Small businesses can earn incentives for making electric and natural gas energy efficiency improvements in existing buildings. The program is designed to encourage energy-saving projects involving the installation of new, high-efficiency equipment or systems.
What type of projects qualify?
Eligible projects consist of a one-for-one retrofit or replacement of existing equipment/systems with efficient equipment. Projects can include lighting, refrigeration, HVAC, steam traps and spray valves. For a full list of measures and eligibility requirements, click here. All projects must be completed by November 12, 2021 to be eligible for incentive. Applications must be submitted within 90 days of measure(s) installation.
All projects must utilize a Small Business Direct Install (SBDI) Program Trade Ally. To find an SBDI Trade Ally, contact our program administrator Lockheed Martin.
Eligible electric customers are those served under rates 720, 721, 722 or 723, who have not had a billing demand of 200 kW or greater in any month during the previous 12 months. Eligible natural gas customers are those served under rates 121, 125 or 151 (NIPSCO’s DependaBill rate).
How to apply
Step 1 – Select an approved SBDI Trade Ally
Find a Trade Ally.* The Trade Ally will conduct a walk-through of your facility identifying potential energy-saving upgrades.
Step 2 – Trade Ally installs and completes application
- Product specifications of efficient equipment
- Project invoices
- Tax exempt letter (if applicable)
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 – 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.