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Rebates for commercial & residential projects
Commercial new construction
Commercial new construction incentives are available to projects which will utilize Vectren electric service.
Through our commercial program, we provide Energy Design Assistance (EDA) services and financial incentives to support architects, engineers, and building owners who optimize energy savings to reduce operating costs in new construction projects that go beyond Indiana energy code. The program employs an energy efficiency strategy that fosters a partnership with the project's design team starting during the conceptual design phase. To learn more or find the right incentive approach for your project, contact us at indianabizprograms@vectren.com.
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About commercial new construction
Who is eligible?
Any commercial/industrial building that will have future electric service through Vectren Energy Delivery of Indiana will typically qualify.
What is covered?
Rebates are available on systems and equipment that operate more efficiently than code requirements. Eligible participants may also receive energy design assistance, energy modeling and additional rebates if participation occurs during design phase.
Why participate?
Apart from rebates, you will be provided an energy assessment report that will detail opportunities, costs, energy savings, incentives and simple payback periods.
Residential new construction
Builders and contractors can earn cash rebates by constructing new, energy-efficient homes which achieve a certain Home Energy Rating System (HERS) Index Score, which is a rating of energy efficiency. View the program fact sheet (PDF) to learn more.
Please review all program requirements (PDF) before applying for rebates.
Project completed in 2017?
If your project received HERS certification
in 2017, download the 2017 project application (PDF).
- Homes with Vectren gas & electric services
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These rebates require Vectren electric and natural gas service (Vectren natural gas heat with Vectren electric AC).
Specification Rebate Homes meeting the Gold Star HERS Index Score of 63 or less $700 Homes meeting the Platinum Star HERS Index Score of 60 or less $800 - Home must utilize Vectren natural gas for home heating (furnace) and use Vectren electric service for cooling (AC).
- Home must meet specified HERS Index Score rating.
- Homes with Vectren gas service only
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These rebates require Vectren natural gas service (Vectren natural gas heat).
Specification Rebate Homes meeting the Gold Star HERS Index Score of 63 or less $350 Homes meeting the Platinum Star HERS Index Score of 60 or less $400 - Home must utilize Vectren natural gas for home heating (furnace).
- Home must meet specified HERS Index Score rating.
- Homes with Vectren electric service only
-
These rebates require Vectren electric service (Vectren electric heat).
Specification Rebate Homes meeting the Gold Star HERS Index Score of 63 or less $700 Homes meeting the Platinum Star HERS Index Score of 60 or less $800 - Home must utilize Vectren electric service for home heating.
- Home must meet specified HERS Index Score rating.
How do I get started with residential rebates?
Follow these three basic steps to ensure you and your project qualify for residential new construction rebates.
- Ensure your plans qualify
Before construction, make sure you are eligible to participate and your building plans qualify for a rebate. - Get certified
After construction is complete, contact your local RESNET certified HERS rater to have your home rated and certified. - Apply for a rebate
When you receive your certification, complete and submit the rebate application along with a copy of your HERS certificate within 90 calendar days.