Vectren Energy Delivery of Ohio (Gas) - Business Energy Efficiency Rebates

Last updated: May 19, 2019

Program Overview

Implementing Sector:Utility
Category:Financial Incentive
State:Ohio
Incentive Type:Rebate Program
Web Site:https://www.vectren.com/savings/oh-business
Administrator:Vectren Energy Delivery of Ohio
Eligible Efficiency Technologies:Furnaces, Boilers, Custom/Others pending approval, Other EE
Incentive Amount:Programmable Thermostat: $50/unit Gas Boiler: $6/MBtu input Gas Boiler Tune-up: 50% of cost Gas Furnaces: $300-$400 Gas Infrared heater: $500 Gas unit heater: $350 Gas Steam Cooker: $650 Gas Convection Oven: $900 Gas Fryer: $500
Maximum Incentive:Programmable Thermostat: 2 per facility Gas Boiler: $5,000 Gas Boiler Tune-up: $250 Custom Incentives: 30% of project costs or $25,000
Equipment Requirements:See program site for details and qualifying products.

Incentives

Technologies:Furnaces
Sectors:Commercial
Parameters:The incentive has a minimum of 300.00 $/Unit, The incentive has a maximum of 400.00 $/Unit
Technologies:Programmable Thermostats
Sectors:Commercial
Parameters:The incentive is 50.00 $/Unit, The incentive has a maximum of 2.00 null
Technologies:Custom/Others pending approval
Sectors:Commercial
Parameters:The incentive has a maximum of 30.00 % of cost, The incentive has a maximum of $25000.00

Summary

Vectren Energy Delivery offers commercial natural gas customers in Ohio rebates for the installation of certain types of efficient natural gas equipment. Prescriptive equipment rebates are available for measures including furnaces, boilers, boiler controls, and water heaters. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.

The custom rebate program offers a rebate of $0.75 per therm (equivalent to Ccf) for energy savings of up to 7,500 therms per year and $1.00 per therm for energy savings of greater than 7,500 therms per year. The maximum rebate for the custom program is the lesser of 30% of the cost of a project or $25,000. The incentives do not apply to projects with a simple payback of less than 1.5 years. Customers interested in the custom rebate program should contact Vectren to see if a potential project will qualify for a rebate. To participate in the program customers must be on rate schedules 320, 321 or 325.

Prescriptive rebate forms must be completed within 90 days of the date of equipment purchase or service. Please consult the program web site for additional information about program requirements, eligible equipment, and applications.

 

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