$150 to $350 Rebates for Heat Pumps & Water Heaters
Bartholomew County Rural Electric Membership Cooperative provides its residential customers with rebates for both geothermal ($200/ton) and air source heat pumps ($150 to $350). They also offer incentives for installing new high efficiency electric water heaters ($250). Equipment must meet certain energy efficiency standards. Customers must show proof of sale, make, serial and model numbers, size of unit, and energy efficiency rating for the qualifying equipment installed. Rebates and incentives are not available on Touchstone Energy Homes.  Contact:  Customer Service, Bartholomew County REMC, 1502 Southpark Ct., Columbus, IN 47201; 812-372-2546; Fax:  812-418-9882; http://www.bcremc.com/program.html

$300 to Buy Energy Saving Water Heaters
Carroll County REMC offers their customers an incentive to buy energy efficient water heaters ($150/unit). Incentives are offered for the replacement of an existing non-repairable electric water heater, or gas water heater; and for the purchase of a water heater for new construction. Rebates will be credited to the customer's account and are limited to two per account or home (for a total of $300 for two units).  Contact:  Customer Service, Carroll County REMC, 119 W. Franklin St., Delphi, IN 46923; 765-564-2057 or 800-506-7362; http://www.carrollcountyremc.com/index.php?page=services

Up to $750 Heat Pumps
Central Indiana Power offers their residential customers an incentive to buy energy efficient air source and geothermal heat pumps. All heat pumps must meet minimum efficiency standards. Qualified air source heat pumps will receive a $500 rebate. Qualified geothermal heat pumps will receive a $750 rebate.  Contact:  Central Indiana Power; 317-477-2219; Fax:  317-477-2213; http://www.cipower.com/products.aspx

Rebates up to $250 for Energy Saving Heat Pumps and Water Heaters v
Clark County REMC provides incentives for their residential members to upgrade to more efficient heating and cooling equipment. Rebates are available for both air-source and geothermal heat pumps with a SEER greater than or equal to 13 ($250 rebates). Members can also receive a $200 rebate for replacing a water heater over 5 years of age with a newer electric model, or for installing an efficient electric water heater in a new home. All rebates appear as a credit on the customer's electric bill. These rebates are limited to one per equipment type per household, and rebate requests must be submitted within 60 days of installation.  Contact:  Customer Service, Clark County REMC, 7810 State Road 60, P.O. Box L, Sellersburg, IN 47172; 812-246-3316 or 800-462-6988; Fax:  812-246-3947; http://www.theremc.com/rebates.html
Application:  http://www.theremc.com/images2/pdf/2008_rebate_application.pdf

$150 to $250 for Energy Upgrades to Home Systems
A rebate for $250 is available to Dubois REC residential customers who install an air to air heat pump in a new home or install one as a replacement for an oil or gas furnace. A rebate of $250 is also available to REC members who install geothermal heat pumps. There is an electric water heater rebate for up to $150 and an electric thermal storage rebate of $30/kW.  For more details, contact:  Customer Service, Dubois REC, P.O. Box 610, 458 3rd Avenue, Jasper, IN 47547; 812-482-5454; http://www.duboisrec.com/rebates.html
Application:  http://www.duboisrec.com/PDFs/RebateRequest.pdf

$200 Rebates for Energy Efficient HVAC Systems
Duke Energy provides a financial incentive for its residential customers to purchase energy efficient HVAC products through their Smart Saver program. Rebates are available for geothermal heat pumps ($200) and air-source heat pumps ($200) and central air conditioners ($200) with a SEER value greater than or equal to 14. The rebates are offered for units installed in both new and existing homes, but the rebate is higher for new homes. To qualify for the rebate, the house's ductwork in an unconditioned space like the attic must be insulated to R19.  Contact:  Customer Service, Duke Energy, 1000 E. Main St., Mail Drop WP 890, Plainfield, IN 46168; 866-785-6209 or 800-521-2232; http://www.duke-energy.com/indiana/savings/smart-saver.asp
Application:  http://www.duke-energy.com/pdfs/SmtSvrIN_ApplctnForm_Nov08.pdf

$100 Tax Credit for Purchasing Energy Star Equipment
Indiana offers a tax credit to individuals and small businesses for the costs associated with purchasing Energy Star qualified air conditioners, furnaces, programmable thermostats and water heaters (collectively heating and cooling equipment). The credit may be claimed against the state income tax, insurance premium tax, or financial institutions tax. The amount of the tax credit is set at 20% of the expenditures for qualified heating and cooling equipment up to $100 per taxable year. Credits in excess of a taxpayer's liability for a given year may not be refunded, carried over to succeeding years, or carried back to prior years.  It is important to note that the energy savings tax credit can only be claimed for the 2009 and 2010 tax years. Contact:  Tax Information IN DOR - Personal, Indiana Department of Revenue, 100 N Senate Ave., Indianapolis, IN 46204; 317-232-2240; http://www.in.gov/dor/index.htm and http://www.in.gov/legislative/ic/code/title6/ar3.1/ch31.5.html

Rebates of $200 to Buy a Heat Pump
Rebates of $200 are available to REMC customers who install a geothermal or air to air heat pump in their home. Members who have a dual fuel heating system made up of a new heat pump partnered with an oil or gas furnace and an electric hot water heater are also eligible for the rebate. Heat pump must have a minimum SEER value of 13. All rebates will be listed as a billing credit on the member's account. The deadline for application submission is within 30 days of equipment installation.  Contact:  Customer Service, Harrison REMC, 1165 Old Forest Road, Corydon, IN 47112; 812-738-4115 or 812-951-2323; http://www.harrisonremc.com/html/equipment%20rebates.html
Application:  http://www.harrisonremc.com/html/documents/RebateRequest2008.pdf

Up to $150 Rebates for HVAC Equipment
Indianapolis Power and Light offers an incentive for its residential customers to purchase and install energy efficient HVAC equipment in their homes. Rebates are provided for air-source heat pumps and central air conditioners with a SEER of 14 or greater. Rebates range from $50 to $150.  The rebate application must be submitted within sixty days of the installation date and must contain a copy of the customer's signed contract or paid receipt.  Contact:  Indianapolis Power and Light, IPL Residential Programs, One Monument Circle, Indianapolis, IN 46204-2901; 317-261-5208; Fax:  317-630-5614; http://www.iplpower.com/ipl/index?page=IPLGeneral&Menu=01050400&DocID=0205016c986701096a4e9803007c00
Application:  http://www.aes.com/pub-sites/IPL/content/staging/02039acb158011adc332f2b005928/2007%20DSM%20Existing%20Home%20Rebate%20Application.pdf

$225 Rebates for Geothermal or Air Source Heat Pumps
A rebate for $225 is available to Jackson County REMC customers who install a geothermal or air source heat pump. The rebate is only available to customers who are installing the heat pumps in a new home or building, or to customers who are replacing a fossil fuel unit. Dual-fuel systems and replacement of existing electric systems do not qualify. The heat pump performance must have a minimum of 13 SEER. An incentive claim must be submitted within 60 days of unit placement with a proper invoice or sales receipt.  Contact:  Jackson County Rural Electric Membership Corporation, 274 East Base Rd., P.O. Box K, Brownstown, IN 47220-0311; 812-358-4458 or 800-288-4458; Fax:  812-358-5719; http://www.jacksonremc.com/rebates.htm
Application: http://www.jacksonremc.com/rebate%20form%20-%20hp.htm (heat pump); http://www.jacksonremc.com/rebate%20form%20-%20wh.htm (water heater)

$500 to Buy & Install a Geothermal Heat Pump
Jasper County REMC offers a $500 rebate to customers who purchase and install a geothermal heat pump on their property. In order to qualify for this rebate, the heat pump should be UL, ETL or ARL listed and ARI certified. In addition, the dealer should be properly trained and certified. Jasper County REMC reserves the option to inspect the heat pump before issuing the rebate.  Contact:  Customer Service - JREMC, Jasper County REMC, P.O. Box 129, Rensselaer, IN 47978; 219-866-4601 or 888-866-7362; Fax:  219-866-2199; http://www.jasperremc.com/InquiryHome_JCO.nsf/Geothermal?OpenForm

$250 Rebates to Buy Heat Pumps
Jay County Rural Electric Membership Cooperative (REMC) offers rebates to its customers for the purchase and installation of heat pumps. Customers can receive a $200 bill credit for a heat pump or an air-source heat pump, and a $250 bill credit for a geothermal heat pump. In order to receive the credit, customers should contact Jay County REMC about the credit before installation of the heat pump, and the bill credit will be issued following installation. Contact:  Customer Service - Jay REMC, Jay County REMC, 484 S 200 W, P.O. Box 904, Portland, IN 47371; 260-726-7121 or 800-835-7362; http://www.jayremc.com/marketing.HTM

Rebates up to $250 for Energy Saving Heat Pumps
Kosciusko REMC offers bill credit rebates to residential members for the purchase and installation of high efficiency air-source heat pumps or geothermal heat pumps. For each purchase of an air-source heat pump, Kosciusko REMC will credit $150 onto the customer's bill. For the purchase of a geothermal heat pump, Kosciusko REMC will credit $250 on the customer's bill. Within six months of installation, customer must have a KREMC inspection and provide a valid dealer's invoice.  Contact:  Customer Service, Kosciusko REMC, 370 S 250 E, Warsaw, IN 46582; 574-267-6331 or 800-790-7362; Fax:  574-267-7273; http://www.kremc.com/page1.asp?pi=25&pc=services

$200 to $300 for to Upgrade Your Heat Pump
Marshall County REMC provides a rebate for its residential customers for the purchase and installation of an add-on heat pump and/or a geothermal heat pump. Customers can receive $300 for the purchase of a geothermal heat pump and $200 for the purchase of an add-on heat pump. Rebates are limited to one per household per type of heat pump. Customers interested in this rebate should notify Marshall County REMC following installation of the unit, at which time a representative will inspect the unit and issue a rebate check within four weeks.  Contact:  Customer Service, Marshall County REMC, 11299 12th Rd., P.O. Box 250, Plymouth, IN 46563-0250; 574-936-3161 or 574-935-4162; http://www.marshallcoremc.com/servprod/index.htm

$500 Bill Credit for Upgrading Your Home's Heat Pump
Miami-Cass REMC offers its residential customers a bill credit for the purchase and installation of energy efficient heat pumps. If a customer purchases an add-on heat pump that has an electric backup, the customer is eligible for a $500 bill credit, and if the heat pump has a fossil fuel backup, the customer is eligible for a $100 bill credit. The purchase of a geothermal heat pump will earn the customer a $500 bill credit. In order to qualify for this rebate incentive, the heat pumps must have a SEER rating of 13 or higher. Applicants should provide Miami-Cass REMC with a paid invoice for the heat pump within 90 days of the installation.  Contact:  Customer Service, Miami-Cass REMC, 3086 W 100 North, Peru, IN 46970; 800-844-6668 or 765-473-6668; http://www.mcremc.coop/default1.asp?pi=49

$1,000 to Make Your Heat Pump More Energy Efficient
Northeastern REMC offers rebates to its residential customers for the purchase of geothermal and air source heat pumps. Geothermal heat pumps are eligible for a rebate of $500 or $100 per ton, up to $1,000, whichever is greater. Air source add-on heat pumps are eligible for a $250 rebate. Rebates will be granted as credits on electric bills. For more details, contact:  Northeastern REMC, 4901 East Park 30 Drive, Columbia City, IN 46725; 260-244-6111 or 260-625-3700; Fax:  260-625-3407; http://www.nremc.com/

$250 Rebate for Air Source Heat Pump
Orange County REMC provides an incentive for its residential members to install air source heat pumps. Rebates of $250 are provided for air source heat pumps with a minimum 13 SEER rating that are being installed in new homes, or are replacing fossil fuel systems. Contact:  Customer Service, Orange County REMC, P.O. Box 208, 7133 N. State Rd. 337, Orleans, IN 47452; 812-865-2229 or 888-337-5900; Fax:  812-865-2061; http://www.orangecountyremc.org/rebates.html

Up to $600 Rebates to Buy Energy Saving Heat Pumps
Paulding-Putnam Electric Cooperative offers rebates for heat pumps for its residential customers. Customers who purchase an electric add-on heat pump are eligible for a $400 rebate, and customers who purchase a geothermal heat pump are eligible for a $600 rebate. To be eligible for the rebate, the customer should have the heat pump system installed by a qualified heating-cooling contractor, and inspected by a representative from Paulding-Putnam EC. For the geothermal heat pump system, the customer must consent to having a load management switch installed by Paulding-Putnam EC to be eligible for the rebate.  Contact:  Paulding-Putnam Electric Cooperative, Inc., 910 N. Williams, Paulding, OH 45879-1072; 419-399-5015 or 800-686-2357; Fax:  419-399-3026; http://www.ppec.coop/

Property Tax Exemption for Energy System Installations
In Indiana, systems that generate energy using solar, wind, hydropower or geothermal resources, including geothermal heat pumps, are exempt from property tax. The exemption is allowed every year that a qualifying system functions. Significantly, the entire renewable energy system and affiliated equipment that is unique to the system, including equipment for storage and distribution, are exempt from property tax. The exemption applies to both real property and mobile homes equipped with renewable energy systems and may only be claimed by property owners.  Questions about this incentive should be directed to the local auditor or assessor; click here to find your local officials: http://www.in.gov/dlgf/2440.htm
Application:  Property owners that wish to claim this deduction must fill out Form 18865 and file it with the local county auditor: http://www.in.gov/icpr/webfile/formsdiv/18865.pdf

$1,500 for a New Geothermal Heat Pump System
The Indiana Office of Energy and Defense Development (OED) offers single-family residential homeowners a rebate for installing closed-loop geothermal heat pumps in replacement of existing space-conditioning systems. The incentive is set at a flat rate of $1,500 per new system. Applicants must have a household income of $100,000 or less in order to be eligible for a rebate. The rebate is only available for new equipment that replaces an existing space-conditioning system. The new system must be closed-loop and be Energy Star certified.  Contact:  Indiana Office of Energy and Defense Development, 101 W. Ohio Street, Suite 1250, Indianapolis, IN 46204; 317-232-8951; Fax:  317-232-8995; http://www.in.gov/oed/2376.htm
Application:  http://www.in.gov/oed/files/APE_Application_FY09_updated_9-4-08.doc

Rebate Program Offering $250 for Heat Pump Installations
Rush Shelby Energy provides a rebate program to help offset the cost of air to air heat pumps, geothermal heat pumps and water heaters. Heat pump rebates are $250. Heat pumps must be installed by a qualified installer; a list of qualified installers can be acquired by contacting one of RushShelby Energy offices. Water heaters are eligible for a $150 rebate if they are replacing a fossil fuel or if they are part of new construction. The replacement/new water heater must have an energy factor of .75 or higher. Contact:  Customer Service, Rush Shelby Energy, 2777 S. 840 W., P.O. Box 55, Manilla, IN 46150; 765-544-2600 or 800-706-7362; Fax:  765-544-2620; http://www.rse.coop/heatpump.html

Loans to Make Your House Energy Efficient
South Central Indiana REMC offers a 6% interest loan for residential customers interested in making energy efficiency improvements to their homes. The loan can be used for a variety of energy efficient improvements ranging from replacement thermal windows and insulation upgrades to heating and cooling system installations. Heating and cooling equipment must meet the following standards to be eligible: Air-source heat pumps must have a minimum SEER rating of 14.0. Geothermal heat pumps must have a minimum EER rating of 14.1. Dual fuel systems must consist of an air-source heat pump with a minimum SEER rating of 14.0 and a fossil fuel furnace with a minimum AFUE rating of 95%.  For more details, contact:  South Central Indiana REMC, 300 Morton Avenue, Martinsville, IN 46151; 765-342-3344 or 800-264-7362; http://www.sciremc.com/energyefficiencyloanprogram.aspx

$250 to Improve Your Heat Pump's Efficiency
South Central Indiana REMC offers its residential customers a $250 rebate for the installation of an air-source or geothermal heat pump. The rebate applies to equipment installed in a new home, and to the conversion from an existing electric heat system to a heat pump.  For more rebates and incentive information, contact:  South Central Indiana REMC, 300 Morton Avenue, Martinsville, IN 46151; 765-342-3344 or 800-264-7362; http://www.sciremc.com/incentiveprograms.aspx

$100 Incentive for Water Heaters & Heat Pumps
Southern Indiana Rural Electric Coop offers an incentive program for their customers to help offset the cost of the high prices of heat pumps and water heaters. A $100 incentive will be given to customers who buy these items as part of new construction or as replacements for an oil or gas furnace or a gas hot water heater. Southern Indiana Power also offers electric thermal storage rebates for $50/kwh. All rebate applications for water heaters and heat pumps must be completed and returned to the Southern Indiana Power office within 30 days of equipment purchase.  Contact:  Customer Service, Southern Indiana Rural Electric Cooperative, 1776 10th Street, P.O. Box 219, Tell City, IN 47586; 800-323-2316 or 812-358-4458; Fax:  812-547-6853; http://www.sirec.com/rebate.html
Application:  http://www.sirec.com/Forms/RebateRequest.pdf

$500 to Get an Energy Efficient Heat Pump
Tipmont REMC customers are eligible for rebates for the purchase and installation of air source heat pumps and geothermal heat pumps. Geothermal heat pumps are eligible for a rebate of $100 per ton, up to $500. For air source heat pumps, the amount of the rebate depends on the efficiency of the system, up to a maximum of $500.  Half of the rebate will be issued after the system is inspected, and the other half will be issued as a bill credit on the customer's next two bills. This rebate is only eligible for residences or buildings that are occupied year-round. If a builder is installing one of these systems in a spec house, the builder is eligible for the rebate. In the case of a rental property, the rebate will go toward the landlord. To be eligible for the rebate, if the system is installed in an unheated portion of the property, the HVAC system return air ducts must have insulation of R-19 or higher.  Contact:  Customer Service, Tipmont REMC, 403 S Main Street, PO Box 20, Linden, IN 47955-0020; 800-726-3953; http://www.tipmont.org/Services/rebates.htm

Up to $500 Rebate for Efficiency Heat Pumps + Free Water Heater
Utilities District of Western Indiana REMC offers their residential customers incentives for energy efficient heat pumps and water heaters. Eligible air source heat pump systems must have at least a 12 SEER rating and can be either retrofits or part of new construction. Free water heaters are offered to customers who are buying one as part of new construction or replacing a gas water heater. An incentive of $50 is offered to customers replacing an electric water heater. The geothermal heat pump incentive of $500 per system is available to new construction and retrofits. Member must apply for rebate within 60 days of unit installation. Contact:  Customer Service, Utilities District of Western Indiana REMC, P.O. Box 427, Bloomfield, IN 47424; 812-384-4446 or 800-489-7362; Fax:  812-384-3127; http://www.udwiremc.com/inquiryhome_udi.nsf/rebates?OpenForm

$500 Incentive for Builders to Make Homes Energy Efficient
Vectren Energy Delivery of Indiana offers a flat $500 rebate to builders of residential single-family Energy Star certified homes that receive gas service from the company. In order to qualify, homes must receive a Home Energy Rating Score (HERS) of 85 or better and must use natural gas for all space heating and water heating. Furnaces and water heaters are subject to additional efficiency requirements.  Builders may receive rebates for up to 15 homes per year. Rebate forms must be postmarked within 90 days of completion of home construction. Contact:  Energy Star Home Rebate, Vectren Energy Delivery of Indiana, PO Box 3552, Evansville, IN 47734-3552; 866-227-1376; https://www.vectrenenergy.com/web/eenablement/learn_about/conservation/rebates_i.jsp

Up to $500 for High Efficiency Natural Gas Installations
Vectren Energy Delivery offers its residential natural gas customers in Indiana rebates for the installation of certain high efficiency natural gas appliances. Rebates are available for:  natural gas furnace: $200; natural gas boiler: $500; natural gas water heater: $100; natural gas tankless water heater: $150; and programmable thermostat: $20 purchased after May 1, 2008. The program is only available for residential homes or rental buildings with three units or less. Builders are eligible to receive rebates for the installation of qualified measures in new homes.  In order to be eligible for a rebate, equipment must meet certain efficiency and installation requirements. Rebate forms must be postmarked no later than thirty days after the purchase of a qualified measure.  Contact:  Residential Rebates, Vectren Energy Delivery of Indiana, PO Box 3552, Evansville , IN 47734-3552; 866-240-8476; https://www.vectrenenergy.com/web/eenablement/learn_about/conservation/rebates_i.jsp

$600 + Other Incentives for Energy Saving Measures
Wabash County REMC offers rebates to its residential customers for the purchase of efficient heat pumps and water heaters. Customers can receive $600 for the purchase of an electric heat pump or a geothermal heat pump. Wabash County REMC does not require a particular efficiency, but does recommend 14 SEER of higher efficiency rating for air source heat pumps. In addition to this heat pump rebate, Wabash County REMC also offers its residential customers a $1.50 bill credit for every month that they have a radio-controlled water heater switch installed on their electric water heater.  For more details, contact:  Customer Service, Wabash County REMC, 350 Wedcor Ave., Wabash, IN 46992; 260-563-2146 or 800-563-2146; Fax:  260-563-1523; http://www.wabashremc.com/customer-service/rebatesprograms.php

$500 for Geothermal Heat Pumps
Residential members of White County REMC who purchase and install a geothermal heat pump are eligible for a $500 rebate. White County REMC also offers a contractor payment of $150 upon successful inspection. A White County REMC inspection is required after installation. Customers call the office to arrange an inspection and the rebate is offered in the form of a discount on the customer's electric bill after the inspection has passed.  Contact:  White County REMC, 302 North Sixth Street, PO Box 599, Monticello, IN 47960; 574-583-7161; Fax:  574-583-4156; http://www.whitecountyremc.com/index.php?option=com_content&task=view&id=22&Itemid=73

Rebates up to $250 for Energy Efficient Upgrades at Home
WIN Energy REMC offers their customers incentives to buy energy efficient water heaters, heat pumps and geothermal heat pumps. All rebate requests must include a bill of sale with the following information: installation date, size of the heat pump, size of electric back-up, model and serial number of the heat pump, SEER rating (must be 13 SEER or higher) and WIN energy account number where unit was installed. Incentives range from $150 to $250.  Contact:  Customer Service, WIN Energy REMC, 3981 S US Highway 41, Vincennes, IN 47591; 812-882-5140 or 800-882-5140; Fax:  812-886-0306; http://www.winenergyremc.com/rebates.html

Up to $500 Rebates for Energy Efficiency Homes
Citizens Gas of Indiana offers rebates to its residential customers for the installation of several types of efficient natural gas appliances. Rebates are only available for residential homes and rental properties of 3 units or less on the D1 and D2 rate schedules and are not available in the Westfield area. Eligible improvements include programmable thermostats, furnaces, boilers, and water heaters (regular and tankless). All equipment must be fueled by natural gas and must also meet minimum equipment requirements established by the utility.  Citizens Gas also offers rebates to builders for the construction of homes that meet the Energy Star certification standard, which requires a HERS index rating of 85 or less. In order to qualify, homes must use natural gas for all space heating and water heating needs; use qualifying furnaces and water heaters; and meet certain other installation requirements. At the time of home construction, builders may claim rebates for both the qualifying equipment that they have installed and the Energy Star Home rebate. Rebates range from $20 up to $500.  Contact:  Citizens Gas, Attn: Rebates, 431 Charmany Drive, Madison , WI 53719; 800-203-1856; http://www.citizensgas.com/forhomes/appliancerebates.html