Southern Indiana REC customers, Indiana · Rebate
Residential Water Heater Rebate (Southern Indiana Power)
Run by Southern Indiana Power
Southern Indiana Power pays $500 for a heat pump water heater or $200 for a Wi-Fi-enabled electric storage water heater, up to 50% of equipment cost.
Amounts
How much you get
$500 for a heat pump water heater; $200 for a Wi-Fi-enabled electric storage water heater. The amount depends on which of these fits your install.
| What you install | You get |
|---|---|
| Heat pump water heater | $500 |
| Wi-Fi-enabled electric storage water heater | $200 |
Eligibility
Do I qualify?
You need to meet all 3 of these.
Home served by Southern Indiana Power.
Heat pump water heater, or an electric storage water heater with built-in Wi-Fi and a UEF of at least 0.90.
Limit of two rebates per primary residence per useful life of the rebated equipment.
Equipment
What equipment counts
The program sets these minimums for water heaters.
- Water heaters
Minimum UEF rating of 0.90 for Wi-Fi enabled electric storage water heaters; the Wi-Fi unit must be built in.
Applying
How to apply
Follow these steps.
- Buy and install the water heater.
- Fill out the application.
Note the manufacturer or brand, model number and cost of the new water heater.
- Send it in with the itemized invoice or receipt and proof of the water heater's UEF rating.
The application must be signed.
Stacking
Use it with
Your address
Next steps
Check that it covers your address. Then, if you want, ask for a contractor quote.
Is it available at your address?
Before anything else
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 Residential Water Heater Rebate (Southern Indiana Power) pay?
$200 to $500, depending on what you install. The table under How much you get lists each amount.
Do I need to be a Southern Indiana REC customer?
Yes. It’s only for homes in Southern Indiana REC customers, Indiana. See Do I qualify for the details.
Is it still available?
Yes. It was open when we last checked, on October 28, 2026.
Plain words
Words used on this page
- UEF
- A water heater’s efficiency rating. Higher is better.
References
Sources
This page is built from these official pages, run by the program itself.
When one of these pages changes, we re-check this page against it.
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