Thermostat Rebates

About these rebates

Rebates - thermostat

Heating and cooling costs make up the majority of your energy bill, and your thermostat is the gateway to considerable savings. Earn rebates toward a traditional programmable thermostat or upgrade to a Wi-Fi enabled or "smart" thermostat and conserve even more.

Please review all program requirements (PDF) before purchasing equipment or applying for rebates.

Download a printable application instead (PDF)

Available rebates

Specification Rebate
"Smart" Wi-Fi enabled thermostat View eligible products (PDF) $75
"Basic" Wi-Fi enabled thermostat $50
Traditional programmable thermostat $10
  • Homes using Vectren natural gas as the primary heat source are eligible for this rebate. Dual fuel systems are not eligible.
  • Rebate available for existing homes only; new construction is not eligible.
  • "Smart" Wi-Fi enabled thermostat: Must have either presence sensing or geo-fencing capabilities. Limit one Wi-Fi enabled thermostat (includes "Basic" and "Smart") per home.
  • "Basic" Wi-Fi enabled thermostat: Must have Wi-Fi capability for programming and adjusting remotely. Limit one Wi-Fi enabled thermostat (includes "Basic" and "Smart") per home.
  • Traditional programmable thermostat: The product must be digital and have the following features: wake, day, evening, and sleep daily settings, weekday vs. weekend setting (5-2, 5-1-1), override or hold setting.

What are the different types of thermostats?

Wi-Fi/"Smart"

  • Advanced programming/scheduling
  • May be set remotely via a smart device
  • Generally more expensive than other types
  • Substantial Vectren rebate available

Programmable

  • Programming and scheduling
  • Cannot be set remotely
  • Generally affordable
  • Small Vectren rebate available

Non-programmable

  • No programming or scheduling capabilities
  • Cannot be set remotely
  • Most affordable type
  • No Vectren rebate available

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.

Common questions

In summer and warmer months, try to set your thermostat no lower than 78° F. In colder winter weather, set it no higher than 68° F to prevent your furnace from working overtime. When you don't need to use your AC or furnace (when you are out of the house, for example), set your thermostat to a temperature that will prevent your heating/cooling equipment from operating.

With a smart thermostat and its companion app, you can change or view thermostat settings from anywhere you have an Internet connection (at home or on the go). For example: if you leave for vacation and realize you forgot to adjust your home thermostat, a smart thermostat would allow you to adjust it from the airport or even the beach!

Need more information? Contact us