Heating & Cooling Rebates

About these rebates

Rebates - AC unit

Heating and cooling costs make up the majority of your energy costs, which makes replacing your old or inefficient HVAC equipment one of the most impactful measures you can take to curb energy usage.

There are a variety of eligibility guidelines specific to each rebate. Please review all program requirements (PDF) before purchasing equipment or applying for rebates.

Download a printable application instead (PDF)

Available rebates

These rebates require the use of Vectren natural gas service as the primary heat source.

Specification Rebate
90% AFUE or higher $300
  • Homes using Vectren natural gas as the primary heat source are eligible for this rebate.
  • Input capacity must be less than 300 MBTUH
  • AFUE = Annual Fuel Utilization Efficiency

These rebates require Vectren electric service.

Specification Rebate
16 SEER or higher $200
18 SEER or higher $400
  • Homes with Vectren electric service are eligible for this rebate.
  • SEER = Seasonal Energy Efficiency Ratio
  • Purchase must be a high-efficiency electric central air conditioner as part of an AHRI rated qualifying system.
  • An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

These rebates require the use of Vectren electric service as the primary heat source.

Specification Rebate
Electric air source, 16 SEER or higher $300
Electric air source, 18 SEER or higher $500
  • Homes using Vectren electric service as the primary heat source are eligible for this rebate.
  • SEER = Seasonal Energy Efficiency Ratio
  • Back-up heat must be electric, systems with gas furnace back-up are not eligible; geothermal heat pumps do not qualify.
  • Both the condenser and indoor unit must be replaced as part of an AHRI rated qualifying system.
  • An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

These rebates require Vectren electric service and Vectren natural gas service.

Specification Rebate
16 SEER or higher $300
18 SEER or higher $500
  • Homes using dual-fuel (Vectren natural gas + Vectren electric service) as the primary heat source are eligible for this rebate.
  • SEER = Seasonal Energy Efficiency Ratio
  • Geothermal heat pumps do not qualify.
  • Both the condenser and indoor unit must be replaced as part of an AHRI rated qualifying system.
  • An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

These rebates require Vectren electric service.

Specification Rebate
17 SEER or higher, 9.5 HSPF or higher $500
  • Homes using Vectren electric service as the primary heat source are eligible for this rebate. If home has Vectren electric service but natural gas is used as the primary heat source, then rebates are only available for installations in a new room addition or previously unconditioned space.
  • Installation must replace electric resistance heat.
  • An AHRI certificate must be submitted with the application. The Air-Conditioning, Heating and Refrigeration Institute (AHRI) maintain a directory of certified product performance for HVAC equipment. To obtain a copy of the AHRI certificate and certificate reference number, please visit: www.ahridirectory.org.

These rebates require Vectren electric service.

Specification Rebate
ECM $50
  • Homes with Vectren electric service are eligible for this rebate.
  • ECM can be a retrofit or part of a new HVAC system.
  • Geothermal heat pump system ECMs do not qualify.
  • ECM must be on furnace or air handler of whole home system.

These rebates require Vectren electric service.

Specification Rebate
Air purifier $25
  • Homes with Vectren electric service are eligible for this rebate.
  • Must be an ENERGY STAR® certified air purifier.

Qualifying for rebates

Before purchasing equipment, be sure to read the complete eligibility guidelines to ensure your new equipment and your home qualify for rebates.

Need more information? Contact us