Get $1,300 in Rebates for New Energy-saving Homes
Builders can save money and protect the environment by making smart energy choices while constructing a new home. For example, using spray foam insulation can reduce heating and cooling costs by up to 40%.
The New Home Construction rebate makes it worthwhile to design and build homes that increase comfort, reduce energy use and maintain a home’s value.
The Indiana New Home Construction flyers provide at-a-glance information.
In 2019, 524 Indiana homes qualified for the rebates. Those homes will save over 1 million kWh hours of energy annually—enough to power about 100 typical homes for an entire year!*
Submit Rebate Now
2021 Application Coming Soon
Indiana Mail-In Application
HERS Index—An Official Savings Scorecard
The Home Energy Rating System® (HERS) index is the industry standard for measuring a home’s energy usage. A certified HERS rater uses the index to determine a score—the lower the score, the more energy-saving the home.
HERS scores typically range from 0 to 100 – the lower the HERS score, the more energy efficient the home. The average Indiana home built in 2020 under I&M’s New Construction rebate offering had a HERS rating of 59. The average state score is 65 in Indiana.
Top Builders in 2020
In 2020, there were 496 homes that qualified for rebates. Lancia Homes, Granite Ridge Builders, Ideal Suburban Homes, Keller Development and Westport Homes constructing more than half of those homes. Keller Development led the way in constructing all-electric homes. See the Press Release for details.
|Electric Heat + Electric AC||HERS Score||Rebate|
|Gold Star||65 Below||$1,300|
|Gas Heat + Electric AC||HERS Score||Rebate|
|Platinum Star||56 below||$300|
Find a Builder
2019 – 2020 Participating Builders. These builders are not affiliated with I&M. I&M does not make any promise, warranty or representation regarding work performed by the contractors. Please contact several builders to compare prices.
The National Association of Home Builders represents the largest network of craftsmen, innovators and problem-solvers dedicated to building and enriching communities. In addition to our national membership, we are a proud member of these local chapters.
What are the rules / qualifications?
- A new build single-family, duplex or multi-family home located in I&M’s Indiana service territory.
- HERS certification must be submitted with rebate application.
- Certification must occur between January 1, 2021 and December 12, 2021 and may be obtained by a certified HERS Rater
Are there deadlines to submit my rebate?
- Applications must be received within 90 days of HERS certification.
- Applications must be received by December 12, 2021. Applications received after this date will be processed at 2022 levels.
Who gets the rebate, and how much is it?
How do I find a HERS Rater?
Can I get a product rebate and a new home construction rebate?
When will I get my rebate? Where is my rebate check mailed?
Please allow 4-6 weeks for your rebate check to arrive. It will be mailed to the builder on record.
Whom do I contact with questions?
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*Data as of 2019. Prior year data updated annually in June. Annual energy savings based on 1,000 kWh use per month. Emissions based on I&M-specific emissions data from our cleaner generation portfolio. EPA.gov Greenhouse Equivalencies Calculator used for kWh conversion.
Product offerings and rebates are subject to change without notice. See the specific rebate application for Terms & Conditions.