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Save Money on Projects for Your Business

I&M’s prescriptive rebates make it easy for you to save energy, help the environment and improve your bottom line. Cash rebates paid per unit installed help offset the cost of energy-saving projects so you can keep making the right choices for your business.

Also, check out I&M’s energy tips for ways to reduce energy, like conducting a nighttime audit to see what might be turned on that shouldn’t be.

In 2020, our business customers saved over 21 million kWh with Prescriptive projects. That’s equal to the emissions produced by over 197 tanker trucks of gasoline! Over $1.14 million in rebates was paid to our Prescriptive business customers in 2020.*

Energy-saving Projects

Choose from a list of energy-saving projects for Indiana

Projects include:

  • HVAC
  • VFDs
  • Refrigeration
  • Cooking equipment
  • Interior/exterior lighting
  • Occupancy sensors
  • Interior/exterior lighting
  • VFDs
  • Cooking equipment
  • Refrigeration
  • Occupancy sensors

Submit Rebate Now

Trade Ally Directory

Trade Allies are our valued contractors and service providers that partner with us to deliver energy efficiency products and expertise directly to you.

Contact Us

Please email us or call 855-231-5274. 

FAQs

Q:

What are the rules / qualifications?

A:

  • Must be an I&M commercial and industrial customer.
  • Pre-approval required before work starts on projects exceeding $10,000 in rebates.
  • Lighting fixtures must be a one-for-one replacement and approved by I&M or on one of these qualified products lists

Q:

What are the deadlines to submit my rebate?

A:

  • Projects must be complete and the final application received within 90 days of the invoice date or before the program deadline (whichever comes first).
  • Applications must be received by November 12, 2021.  Applications after this date will be processed at 2022 incentive levels.

Q:

What are program incentive caps?

A:

The incentive caps are:
  • $150,000 per site and $300,000 per company.
  • Funds are limited and paid on a first-come, first-served basis.

Q:

Will you do an on-site evaluation to help me plan what I need?

A:

Yes. We can help with a free on-site energy evaluation. Contact us to schedule an appointment.

Q:

How do I get started? What is the process?

A:

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.

Or

  1. Contact a Trade Ally or contractor to determine your energy-saving opportunities.
  2. Submit an application via email for pre-approval and to receive an incentive offer.
  3. Sign and return the incentive offer within 30 days.
  4. Purchase and install approved energy-saving measures.
  5. Submit a completed form and all required documentation within 90 days from acceptance of the incentive offer or before the program deadline (whichever comes first).
  6. An on-site inspection of the completed project may be required.
     The rebate check will be sent in 4-6 weeks.

Q:

When will I get my rebate? Where is my rebate check mailed?

A:

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.

Q:

Whom do I contact for a status on my rebate?

A:

Please contact us for rebate status.

Energy Management Tools

Energy Management tools provide personalized energy-saving recommendations to help you achieve both energy and cost savings for your business.

Tip of the Day

TIP #14
Water Heating
Insulate hot water holding tanks and hot & cold water pipes.
See All Tips

Explore More Ways to Save

Prescriptive Rebates
Get Rebates from a List of Energy-saving Projects
Read More
Custom Incentives
Get Rebates for Energy-Saving Projects Specific to Your Company
Read More

*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.