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Rebate Calculator

Indiana Heat Pump Rebate Calculator

Estimate your Indiana heat pump rebate range through NIPSCO Energy Efficiency Rebates. Use this guide to understand the key factors and check the official source for exact current amounts.

High confidenceLast checked: 2026-05-291 official source
Rebate Range

How much is the Indiana heat pump rebate?

NIPSCO tiered rebate by SEER2: $800 for 15.2–16.1 SEER2, $900 for 16.2–17.0 SEER2, $1,000 for 17.1+ SEER2. Active NIPSCO residential electric service required. Install between Jan 1–Nov 30, 2026; submit within 60 days of installation. AHRI certification required.

NIPSCO covers northern Indiana only — approximately 25% of Indiana electric customers.

Duke Energy Indiana (central/southern IN), REMC cooperatives, and AEP Indiana not verified — check your utility before purchasing.

Funds are limited and available first-come, first-served.

Dual-fuel customers may choose heat pump OR furnace rebate, not both.

Deadline: installations must be completed by November 30, 2026.

Not a guarantee of eligibility. Verify current amounts with your utility or NIPSCO Energy Efficiency Rebates.

Check NIPSCO Energy Efficiency Rebates official site

Key factors that determine your Indiana rebate

Your electric utility
Which utility serves your home (NIPSCO (Northern Indiana Public Service Company)) determines which rebate tier applies.
Current heating fuel
Oil and propane homes typically qualify for the highest tiers. Natural gas homes usually qualify for lower amounts.
Whole-home vs. partial scope
A whole-home heat pump installation that replaces all primary heating earns the highest rebate. Supplemental or mini-split-only installs earn less.
System size in tons
Larger systems generally earn higher rebates, up to the program cap. Oversizing can disqualify equipment in some programs.
Equipment certification
Equipment must meet the program's current efficiency threshold. Verify the AHRI reference number or program-specific certification before purchase.
Income qualification
Income-qualified households may receive enhanced rebates or additional assistance. Ask your utility about documentation requirements.
Working Reference

See a fully interactive rebate calculator

Heat pump rebate calculators show how fuel type, utility, and system size interact to affect rebate amounts. The same logic — fuel type, utility tier, system size, income — applies across programs including NIPSCO Energy Efficiency Rebates in Indiana.

View Indiana HVAC rebates
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Official Sources
2026-05-29