Indiana

Heat pump incentives in Indiana

No statewide rebate program

verified 2026-07

Incentives run through your utility

No state program. Utility rebates: Duke Energy Indiana up to $1,000 (Smart Saver), NIPSCO up to $1,000, AES Indiana up to $725. A homeowner claims their own utility's program.

Utility programs in Indiana

These are the named utility and ratepayer rebates on file for Indiana. You claim the one that serves your address, not the total. Each card carries the program’s own terms: what equipment qualifies, who is eligible, what the cap actually is, and whether it stacks.

AES Indiana

aesindiana.com

$725

maximum

You claim it after installTiered by efficiency

Home Improvement Rebates: heat pump up to $725, tiered $300-$700, via Quality Contractor Network, through 12/31/2026.

Equipment that qualifies: Qualifying heat pump; tiered $300-$700 by efficiency, up to $725.
Who qualifies, and the cap: AES Indiana residential customers; Quality Contractor Network installer; program runs through 12/31/2026.
Stacking: Home Improvement Rebates; confirm additional measure rebates.

Duke Energy Indiana

duke-energy.com

$1,000

maximum

You claim it after installTiered by efficiency

Smart Saver: $500 replacing an existing heat pump; $600 replacing strip heat; $1,000 higher-efficiency option. Home Energy Check required.

Equipment that qualifies: Smart Saver: high-efficiency air-source heat pump; strip-heat replacement pays the top tier.
Who qualifies, and the cap: Duke Energy Indiana residential customers; a Home Energy Check is required.
Stacking: Tiered: $500 replacing an existing heat pump, $600 replacing strip heat, $1,000 higher-efficiency option (alternatives, not additive).

NIPSCO

nipsco.com

$1,000

maximum

You claim it after installTiered by efficiency

NIPSCO (Northern Indiana Public Service Company): tiered air-source heat pump rebate - $800 for 15.2-16.1 SEER2, $900 for 16.2-17.0 SEER2, $1,000 for 17.1+ SEER2. Application + invoice postmarked within 60 days of install; first-come. Downstream.

Equipment that qualifies: Air-source heat pump tiered $800/$900/$1,000 by SEER2 (15.2 to 17.1+).
Who qualifies, and the cap: NIPSCO residential electric customers; installed 2026.
Stacking: Tiers are alternatives by efficiency, not additive.

What your system should be sized for

A heat pump in Indiana should carry the house on the coldest design day, not the average one. These are the winter design temperatures our engine sizes against, in AHRI heating region IV (5,300 heating degree days at the Indianapolis reference metro).

City	Design temp	Climate zone	Basis
Indianapolis	2°F	5A	estimated
Fort Wayne	-1°F	5A	estimated
Evansville	8°F	4A	estimated

Rebate amounts are estimates and subject to change. Verify current program terms and eligibility before quoting a final net price.
Eligibility varies by income, equipment efficiency, utility territory, and program funding availability.
State and utility programs only. Federal 25C/25D tax credits expired 12/31/2025 and the DOE HEAR/HOMES rebate programs ended 5/29/2026; neither is included.
After-install rebates are claimed by the homeowner after installation and are not guaranteed at the point of sale.