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IMPA Residential Energy Efficiency Program (HVAC rebates)
Run by Indiana Municipal Power Agency (IMPA), with its member municipal utilities
Rebates for customers of Indiana's IMPA member city and town electric utilities (Anderson, Richmond, Crawfordsville, Lebanon, Jasper, Frankfort, Peru, Tipton, Greenfield and about 50 more) who replace a heating or cooling system: $150 for a heat pump, $125 for central air and $175 for geothermal, with pre-approval required before you buy.
Amounts
How much you get
Per unit replaced: heat pump $150, central air conditioner $125, geothermal heat pump (closed or open loop) $175. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| Heat pump (16.0 SEER2 or greater) | $150 |
| Central air conditioner (16.0 SEER2 or greater) | $125 |
| Closed or open loopGeothermal heat pump | $175 |
Capped at $10,000 per household.
Eligibility
Do I qualify?
You need to meet all 5 of these.
Active electric account with a municipal utility served by IMPA.
Retrofit or replacement in an existing building; new construction does not qualify.
New equipment replacing working equipment one-for-one, meeting the efficiency on the application; used or rebuilt equipment does not qualify.
Owners qualify; in a leased building the lease must have at least three years remaining, and a copy may be required.
Written pre-approval from IMPA before buying and installing the equipment.
What to doSend the Funding Approval form, a contractor quote and a recent electric bill to save@impa.com and wait for the pre-approval letter before buying. IMPA Energy Efficiency Program Terms & Conditions (last updated 1/23/2026)
Equipment
What equipment counts
The program sets these minimums for heat pumps and furnaces, ac and thermostats.
- Heat pumps
16.0 SEER2 or greater, one-for-one replacement.
- Central air conditioners
16.0 SEER2 or greater, one-for-one replacement.
- Geothermal heat pumps
Closed loop: 17.1 SEER or greater (as printed on the form).
- Geothermal heat pumps
Open loop: 21.1 SEER or greater (as printed on the form).
Applying
How to apply
Install by December 31, 2026; finish and submit final paperwork within 30 days of the pre-approval letter and no later than December 31, 2026. Get approved before you buy anything.
- Get a quote.
An itemized contractor quote listing the make, model, size and labor for each unit (self-installation is the only exception).
- Apply for pre-approval before buying.
Send the Funding Approval page of the residential HVAC application, the quote and your latest electric bill to save@impa.com or by mail to IMPA in Carmel.
- Install within 30 days of the pre-approval letter.
The pre-approval expires after 30 days or on December 31, 2026, whichever is earlier.
- Submit the final application.
With the itemized invoice, manufacturer spec sheets and bank details for payment.
- Receive payment.
Usually sent electronically within 6 to 8 weeks.
Itemized contractor quote
Most recent electric bill
Itemized invoice
Manufacturer (OEM) specification sheets
Forms and instructions, including for applying by mailIMPA Energy Efficiency Program Terms & Conditions (last updated 1/23/2026) · IMPA Energy Efficiency Program residential rebate program, HVAC application · Tips - Crawfordsville Electric Light & Power · Anderson Municipal Light & Power
Questions about applying(317) 573-9955 or save@impa.com
Stacking
Use it with
Your address
Next steps
Check that it covers your address. This program has to approve you before you buy anything, so start with the program, not a contractor quote.
Is it available at your address?
Before anything else
Send the Funding Approval form, a contractor quote and a recent electric bill to save@impa.com and wait for the pre-approval letter before buying.
Your quote request is in If a contractor we work with serves your ZIP, they can contact you. We take one request per person; contact us to change it.
Get an email if this program changes
We'll write if its amount, status or deadline changes. Nothing else.
FAQ
Questions
How much does IMPA Residential Energy Efficiency Program (HVAC rebates) pay?
$125 to $175, depending on what you install. The table under How much you get lists each amount. Capped at $10,000 per household.
Do I need to be a municipal electric, Anderson Municipal Light & Power, municipal electric, municipal electric, municipal electric, Bremen Electric Light & Power, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, Crawfordsville Electric Light & Power, Darlington Light & Power, Dublin Municipal Electric Utility, municipal electric, Edinburgh Municipal Utilities, municipal electric, Flora Utilities, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, Lawrenceburg Municipal Utilities, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, Peru Utilities, municipal electric, municipal electric, Richmond Power & Light, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric, Tipton Municipal Electric Utility, municipal electric, municipal electric, municipal electric, municipal electric, municipal electric or municipal electric customer?
Yes. It’s only for homes in municipal electric and Anderson Municipal Light & Power and municipal electric and municipal electric and municipal electric and Bremen Electric Light & Power and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and Crawfordsville Electric Light & Power and Darlington Light & Power and Dublin Municipal Electric Utility and municipal electric and Edinburgh Municipal Utilities and municipal electric and Flora Utilities and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and Lawrenceburg Municipal Utilities and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and Peru Utilities and municipal electric and municipal electric and Richmond Power & Light and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and Tipton Municipal Electric Utility and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric and municipal electric customers, Indiana. See Do I qualify for the details.
Do renters qualify?
Owners qualify; in a leased building the lease must have at least three years remaining, and a copy may be required.
Do I need approval before I buy?
Yes. Apply before you buy or install anything; purchases made first don’t qualify. Written pre-approval from IMPA before buying and installing the equipment. Send the Funding Approval form, a contractor quote and a recent electric bill to save@impa.com and wait for the pre-approval letter before buying.
What’s the deadline?
Apply by December 31, 2026.
Is it still available?
Yes. It was open when we last checked, on October 27, 2026.
Can I install the equipment myself?
Yes. Self-installation by the customer is the only exception to the contractor quote requirement.
Do used or rebuilt units qualify?
No. All equipment must be new; used or rebuilt equipment is not eligible.
Can I use my contractor's own rebate form?
No. Only the 2026 IMPA application form is accepted, not contractor or vendor forms.
Plain words
Words used on this page
- SEER2 and EER2
- Cooling efficiency ratings on the model’s spec sheet. Higher is better.
References
Sources
This page is built from these official pages, run by the program itself.
- IMPA Energy Efficiency Program Terms & Conditions (last updated 1/23/2026)
- IMPA Energy Efficiency Program residential rebate program, HVAC application
- Energy Efficiency - Indiana Municipal Power Agency
- Tips - Crawfordsville Electric Light & Power
- Anderson Municipal Light & Power
When one of these pages changes, we re-check this page against it.
Nearby
More in Indiana
All of Indiana
Energy Assistance Program (EAP)
Amount varies
Indiana households at or below 60% of state median income can get a once-a-year payment to their utility toward heating and electric bills, plus crisis help if they're disconnected or about to be. Apply October 1, 2026 to April 30, 2027.
Checked Oct 27, 2026
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Home Appliance Rebate (HEAR), Indiana Energy Saver Program
Up to $14,000
Indiana households earning under 150% of area median income get an upfront discount on first-time electric upgrades like heat pumps, heat pump water heaters and panel upgrades, installed by a program contractor. Up to $14,000 per household.
Checked Oct 27, 2026
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Home Efficiency Rebate (HOMES), Indiana Energy Saver Program
Up to $18,000
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Checked Oct 27, 2026