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Rebates for high efficiency heating and cooling equipment – including furnaces, air conditioners, boilers, smart Wi-Fi thermostats and other equipment – help you save energy and money.

Do I qualify?

Rebates are available for NIPSCO residential natural gas and electric customers who are replacing existing equipment:

  • Current rebates are available for equipment purchased and installed between January 1, 2019 and November 30, 2019. Rebate offers are subject to change – please check this web page for updates. Funds are limited and are available on a first-come, first-served basis.
  • The rebate application and invoice(s) must be postmarked within 60 days of installation. Applications for installations completed after October 31, 2019, must be postmarked no later than November 30, 2019.
  • Equipment must be installed in a property owned by the applicant, or the applicant must have received permission from the property owner to install the equipment.
  • Limit of two (2) of any one measure per customer, per year, excluding HVAC tune-ups.  HVAC Tune-ups are limited to one tune-up per equipment type, per installation address, every three (3) years.
  • For new construction, builders are limited to 20 applications per building company for HVAC equipment installed in new construction homes per program year.  Builders submitting a home through the New Construction Program are not eligible for an Energy Efficiency Rebate for the same home.

$250 off a Natural Gas Furnace ≥ 95% AFUE w/ECM

If you install a heat pump in conjunction with a furnace or boiler, you will receive a rebate for the qualifying furnace or boiler. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$200 off a Natural Gas Furnace ≥ 95% AFUE

If you install a heat pump in conjunction with a furnace or boiler, you will receive a rebate for the qualifying furnace or boiler. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$200 off a Natural Gas Boiler ≥ 92% AFUE

If you install a heat pump in conjunction with a furnace or boiler, you will receive a rebate for the qualifying furnace or boiler. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$175 off a Natural Gas Boiler ≥ 90% AFUE

If you install a heat pump in conjunction with a furnace or boiler, you will receive a rebate for the qualifying furnace or boiler. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$175 off a Heat Pump ≥ 14.5 SEER w/ECM

If you install a heat pump in conjunction with a furnace or boiler, you will receive a rebate for the qualifying furnace or boiler. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$250 off an Air Conditioner ≥ 15 SEER

May be part of a package or a stand-alone unit. Submit AHRI Certificate with application. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$65 off a Smart Wi-Fi Thermostat

Must be wi-fi capable and connected to the internet for programming and adjusting remotely. Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$30 off a Natural Gas Storage Water Heater ≥ 0.67 EF

  • NIPSCO residential gas service required
  • Submit AHRI Certificate with application*
  • EF = Energy Factor
  • Electric water heaters do not qualify

Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$50 off a Natural Gas Condensing Water Heater ≥ 0.80 EF

  • NIPSCO residential gas service required
  • Submit AHRI Certificate with application*
  • EF = Energy Factor
  • Electric water heaters do not qualify

Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

$55 off a Natural Gas Tankless Water Heater ≥ 0.82 EF

  • NIPSCO residential gas service required
  • Submit AHRI Certificate with application*
  • EF = Energy Factor
  • Electric water heaters do not qualify

Get started with our qualified equipment list to see if your new product is eligible for this rebate. Once you know your product is eligible, submit an application below.

HVAC Tune-Ups ($60 for Air Conditioner and $70 for Boilers only)

  • HVAC tune-ups must be performed by a licensed HVAC contractor and cannot be self-performed
  • NIPSCO residential gas service required for boiler tune-up
  • NIPSCO residential electric service required for AC tune-up 
  • HVAC tune-up checklist are required for all tune-ups: see sample A/C checklist or sample boiler checklist
  • Pre- and post-combustion test are required for all boiler tune-ups
  • HVAC tune-ups are limited to one tune-up per equipment type, per installation address every three (3) years
  • HVAC tune-ups must be performed by a licensed HVAC contractor and cannot be self-performed

Submit a rebate application below.

Complete an application

By email, fax or mail

All faxed and emailed applications will receive an email confirmation. If you do NOT receive confirmation within 3 business days or you do not have email, please call Lockheed Martin Energy at 1-800-721-7385 to confirm that we received your application.

For more information on the Rebate Program, please contact a Lockheed Martin Energy program representative at 1-800-721-7385.

*Clicking on the links/buttons above takes the user to web pages 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 provisions 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.

NIPSCO’s residential energy efficiency programs are administered by Lockheed Martin Energy, a third-party implementation specialist that helps homes save energy.

Have an emergency?

Natural Gas: If you smell gas, think you have a gas leak, have carbon monoxide symptoms or have some other gas emergency situation, go outside and call 911 and then our emergency number 1-800-634-3524.
Electric: For any electric emergency, including a downed power line, power outage or other electric-related situation, please call 1-800-464-7726.