Heating Rebates
Whether you have electric or gas heat; we have a rebate that can help you save.
Bottom line – the higher the efficiency rating, the greater your rebate and the savings on your bill.
Electric Heat
Rebate Incentives for Air-Source Heat Pumps and Mini-Splits**
| Efficiency (SEER Rating*) | Installed in New Construction | Replacement Equipment | Early Retirement Equipment |
|---|---|---|---|
| 14-15 | $200 | $200 | $400 |
| 16+ | $300 | $300 | $600 |
* See your contractor for details on qualifying systems.
** Mini-splits are not eligible for Early Retirement Rebates.
Rebate Incentives for Ground-Source Heat Pumps
| Efficiency (EER Rating*) | Installed in New Construction | Replacement Equipment | Early Retirement Equipment |
|---|---|---|---|
| 16-18 | $200 | $200 | $400 |
| 19+ | $300 | $300 | $600 |
* See your contractor for details on qualifying systems.
Gas Heat
Even gas furnaces use electricity to operate. Most natural gas furnaces have an electric starter and fan, and when temperatures get colder, the gas furnace engages the starter more often and the fan runs more – both causing increased electrical costs. You could save up to $50 per year with a 95% efficient furnace and an efficient furnace fan motor.
You can pair this rebate with other DP&L and Vectren rebates to save even more.
Rebate Incentives for Efficient Furnace Fan Motors (must have an Electronically Commutated Motor)*
| Efficiency (Furnace AFUE)* | Installed in New Construction | Replacement Equipment | Early Retirement Equipment |
|---|---|---|---|
| 95% | $100 | $100 | $100 |
* See your contractor for details on qualifying systems.
Chart Label Descriptions
- New Construction – High efficiency new equipment installed in a newly built home OR in a home or a home addition where there is no previously existing CAC or HP system.
- Replacement – High-efficiency, new equipment installed as a replacement for existing equipment and not meeting early retirement eligibility requirements.
-
Early Retirement – High-efficiency, new equipment installed as a replacement for existing equipment and meeting the following requirements is eligible for early retirement rebate incentive (Early Retirement is not available for mini-splits):
- Existing equipment is in working order, regardless of age OR
- Existing equipment is less than or equal to 20 years old and is repairable for less than $1000.

