Save Money on Projects for Your Business
I&M offers a variety of predetermined cash rebates to help cover the cost of energy-saving commercial projects. From kitchen equipment to lighting to HVAC equipment and VFDs, our Prescriptive Rebate Program covers many of the most popular energy efficiency upgrades.
View our Fact Sheets to learn about eligibility and possible projects.
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Save on Energy Projects for Your Business
Let us help your business choose the right equipment for your business and earn valuable rebates. It’s easy. Cash rebates per unit installed help offset the cost of your project and ensure you’re making the right choices for your business.
Energy-saving Projects
- HVAC
- VFDs
- Refrigeration
- Cooking equipment
- Interior/exterior lighting
- Occupancy sensors
Apply Online:
Use our portal to apply directly online.
Case Study
The Opportunity
Lippert Components manufactures and supplies highly engineered, high-quality components to the recreational vehicle, marine, automotive and building products industries. With over 90 facilities in 17 states, Canada and worldwide, Lippert Components has made the choice to prioritize social impact initiatives.
To help save on energy costs, Lippert Components got in touch with Indiana Michigan Power (I&M) to discuss their energy efficiency opportunities.
The Project
It all started with Lippert Component’s initiative to identify high-impact, cost-saving projects! One of those projects proposed was updating existing lighting to energy-efficient LED tubes throughout the warehouse.
Working with I&M, Lippert was able to upgrade the inefficient lighting to new, rebate-eligible LEDs. Based on the savings achieved from this project and the end result, Lippert Components is looking for additional ways to utilize commercial rebate programs to make energy-efficient upgrades in other facilities. Learn more
“Working with the I&M rebate programs enabled us to provide brighter, safer work spaces for our teams, while reducing the maintenance needed. The program provided a favorable return on investment and we’re excited to duplicate this project throughout our other facilities.”
— Richard Wallock, Facility Manager, Lippert Components Plant 50-W
Project Results and Stats
The new lighting is estimated to reduce the facility’s annual energy use by over 1,000,000 kWh, saving Lippert Components over $110,000 a year.
Since completing the initial project, Lippert Components worked with I&M to upgrade another project and is looking to complete lighting retrofits at other facilities in the near future.
Industry:
Manufacturing
Product:
Lighting
Estimated annual energy savings:
Over 1,000,000 kWh
Estimated annual cost savings:
Over $110,000 a year
FAQs
- Must be an I&M commercial and industrial customer.
- Pre-approval required before work starts on projects exceeding $20,000 in rebates.
- Lighting fixtures must be DLC or Energy Star certified, for proven energy savings.
- Projects must be complete and the final application received within 90 days of the installation date or before the program deadline (whichever comes first).
- Applications must be received by December 15, 2025 to complete Prescriptive projects. Applications received after this date will be processed at 2026 incentive levels.
- $250,000 per site and $500,000 per company.
- Funds are limited and paid on a first-come, first-served basis.
- $150,000 per site and $300,000 per company.
- Funds are limited and paid on a first-come, first-served basis.
Yes. We can help with a free on-site energy evaluation. Contact us to schedule an appointment.
Schedule a free on-site energy evaluation by our I&M Energy Experts. We will help you identify energy-saving projects and qualifications. Contact us to schedule an appointment.
Please allow 4-6 weeks for your rebate check to arrive. It will be mailed to the payee designated on the Completed Form on the application. This can be the customer or the contractor/Trade Ally.
Please contact us for rebate status.
Contact Us
Please email us or call 833-997-0708.
Explore More Ways to Save
Product offerings and rebates are subject to change without notice. See the specific rebate application for Terms & Conditions.