{"id":38077,"date":"2013-08-09T12:00:51","date_gmt":"2013-08-09T16:00:51","guid":{"rendered":"https:\/\/www.aroundfortwayne.com\/news\/?p=38077"},"modified":"2020-12-16T18:41:09","modified_gmt":"2020-12-16T23:41:09","slug":"im-offers-increased-incentives-for-indiana-commercial-industrial-customers","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2013\/08\/09\/im-offers-increased-incentives-for-indiana-commercial-industrial-customers\/","title":{"rendered":"I&#038;M offers increased incentives for Indiana commercial &#038; industrial customers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-36783\" alt=\"Indiana Michigan Power logo\" src=\"https:\/\/www.aroundfortwayne.com\/news\/wp-content\/uploads\/\/2013\/05\/aep.jpg\" width=\"200\" height=\"200\" srcset=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/uploads\/2013\/05\/aep.jpg 200w, https:\/\/aroundfortwayne.com\/news\/wp-content\/uploads\/2013\/05\/aep-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n<p>News release from Indiana Michigan Power:<\/p>\n<blockquote><p><strong>I&amp;M offers increased incentives for commercial &amp; industrial customers in Indiana<\/strong><\/p>\n<p><!--more--><\/p>\n<p>(August 2, 2013) &#8211; Indiana Michigan Power (I&amp;M), an operating unit of American Electric Power, is enhancing its commercial &amp; industrial incentives energy efficiency program to offer increased cash incentives.<\/p>\n<p>The program was launched in 2010 to help I&amp;M business customers in Indiana control energy costs by using less energy. Eligible customers can temporarily earn increased incentives if they make efficiency upgrades for electric technologies, including energy-efficient lighting, drives, controls, heating, ventilation, air conditioning and more.<\/p>\n<p><strong>Changes to incentives<\/strong>:<\/p>\n<ul>\n<li>Lighting incentive increased to $0.06 per kWh of energy saving<\/li>\n<li>Non-lighting incentive remains $0.05 per kWh of energy saving<\/li>\n<li>Incentive cap for all project types, including HVAC, refrigeration and process improvements raised from $20,000 to $100,000<\/li>\n<li>Incentive payment tiers are removed<\/li>\n<li>No minimum threshold for energy savings projects<\/li>\n<\/ul>\n<p><strong>Customer eligibility<\/strong>:<\/p>\n<ul>\n<li>Customers on a non-residential rate in I &amp; M&#8217;s Indiana Service Territory with a peak demand above 10 kW are eligible to participate.<\/li>\n<\/ul>\n<p>&#8220;We realize that this is a critical time for our business customers,&#8221; said Bob Bournique, Principal Energy Efficiency &amp; Consumer Programs Coordinator. &#8220;By offering these increased incentives not only are we are doing our part to help the transition to energy efficient technology, but we also are helping to strengthen the competitiveness of our business customers.&#8221;<\/p>\n<p>To receive the limited-time increased incentive rates, submit final applications within 90 days of project completion or by November 15, 2013, whichever comes first.<\/p>\n<p>For more information about incentive details and how the application process works, please visit the program website at <a href=\"https:\/\/www.indianamichiganpower.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.indianamichiganpower.com<\/a>\u00c2\u00a0or contact our program office at (855) 878-6206.<\/p><\/blockquote>\n<h3>Related Images:<\/h3><div class=\"ngg-related-gallery\">\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92352.jpg\"\n\t\t\ttitle=\"Mayor Tom Henry announces the City won&#039;t renew the Light Lease with Indiana Michigan Power. Photo taken June 1, 2009.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"2011\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92352.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92352.jpg\" data-title=\"2009\/06\/02: Mayor Tom Henry\" data-description=\"Mayor Tom Henry announces the City won&#039;t renew the Light Lease with Indiana Michigan Power. Photo taken June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Mayor Tom Henry\"\n\t\t\t\talt=\"2009\/06\/02: Mayor Tom Henry\"\n\t\t\t\tdata-image-id=\"2011\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92352.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92359.jpg\"\n\t\t\ttitle=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"2013\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92359.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92359.jpg\" data-title=\"2009\/06\/02: Kumar Menon\" data-description=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\talt=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\tdata-image-id=\"2013\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92359.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92360.jpg\"\n\t\t\ttitle=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"2014\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92360.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92360.jpg\" data-title=\"2009\/06\/02: Kumar Menon\" data-description=\"City Utilities Director Kumar Menon answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\talt=\"2009\/06\/02: Kumar Menon\"\n\t\t\t\tdata-image-id=\"2014\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92360.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92362.jpg\"\n\t\t\ttitle=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"2015\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92362.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92362.jpg\" data-title=\"2009\/06\/02: Tim Haffner\" data-description=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\talt=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\tdata-image-id=\"2015\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92362.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92363.jpg\"\n\t\t\ttitle=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"2016\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/92363.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92363.jpg\" data-title=\"2009\/06\/02: Tim Haffner\" data-description=\"City Corporate Counsel Tim Haffner answers questions from the press during the Light Lease press conference on June 1, 2009.\">\n\t\t\t<img title=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\talt=\"2009\/06\/02: Tim Haffner\"\n\t\t\t\tdata-image-id=\"2016\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_92363.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/144019.jpg\"\n\t\t\ttitle=\"Congressman Marlin Stutzman and family, Mayor Tom Henry, Indiana Michigan Power staff and Steve Shine prepare to light the Broadway Christmas Tree on November 19, 2010.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"5716\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/144019.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/thumbs\/thumbs_144019.jpg\" data-title=\"Broadway Christmas Tree Lighting\" data-description=\"Congressman Marlin Stutzman and family, Mayor Tom Henry, Indiana Michigan Power staff and Steve Shine prepare to light the Broadway Christmas Tree on November 19, 2010.\">\n\t\t\t<img title=\"Broadway Christmas Tree Lighting\"\n\t\t\t\talt=\"Broadway Christmas Tree Lighting\"\n\t\t\t\tdata-image-id=\"5716\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/thumbs\/thumbs_144019.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/144020.jpg\"\n\t\t\ttitle=\"Congressman Marlin Stutzman and family, Mayor Tom Henry, Indiana Michigan Power staff and Steve Shine prepare to light the Broadway Christmas Tree on November 19, 2010.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"5717\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/144020.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/thumbs\/thumbs_144020.jpg\" data-title=\"Broadway Christmas Tree Lighting\" data-description=\"Congressman Marlin Stutzman and family, Mayor Tom Henry, Indiana Michigan Power staff and Steve Shine prepare to light the Broadway Christmas Tree on November 19, 2010.\">\n\t\t\t<img title=\"Broadway Christmas Tree Lighting\"\n\t\t\t\talt=\"Broadway Christmas Tree Lighting\"\n\t\t\t\tdata-image-id=\"5717\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/bc\/thumbs\/thumbs_144020.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/147073.jpg\"\n\t\t\ttitle=\"Paula Hughes and Darren Vogt during a news conference called by Hughes to announce her plan to cut city debt with the use of the I&amp;amp;M \u201cLight Lease\u201d settlement money.  Photo taken March 16, 2011.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"5988\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/147073.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/thumbs\/thumbs_147073.jpg\" data-title=\"Paula Hughes and Darren Vogt\" data-description=\"Paula Hughes and Darren Vogt during a news conference called by Hughes to announce her plan to cut city debt with the use of the I&amp;amp;M \u201cLight Lease\u201d settlement money.  Photo taken March 16, 2011.\">\n\t\t\t<img title=\"Paula Hughes and Darren Vogt\"\n\t\t\t\talt=\"Paula Hughes and Darren Vogt\"\n\t\t\t\tdata-image-id=\"5988\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/thumbs\/thumbs_147073.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/147079.jpg\"\n\t\t\ttitle=\"Paula Hughes and Darren Vogt during a news conference called by Hughes to announce her plan to cut city debt with the use of the I&amp;amp;M \u201cLight Lease\u201d settlement money. Photo taken March 16, 2011.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"5989\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/147079.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/thumbs\/thumbs_147079.jpg\" data-title=\"Paula Hughes and Darren Vogt\" data-description=\"Paula Hughes and Darren Vogt during a news conference called by Hughes to announce her plan to cut city debt with the use of the I&amp;amp;M \u201cLight Lease\u201d settlement money. Photo taken March 16, 2011.\">\n\t\t\t<img title=\"Paula Hughes and Darren Vogt\"\n\t\t\t\talt=\"Paula Hughes and Darren Vogt\"\n\t\t\t\tdata-image-id=\"5989\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/2011-elections\/thumbs\/thumbs_147079.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/156092.jpg\"\n\t\t\ttitle=\"Indiana Michigan Power President Paul Chodak at a storm recovery efforts update news conference on July 2, 2012.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"6449\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/156092.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_156092.jpg\" data-title=\"2012\/07\/02: Paul Chodak\" data-description=\"Indiana Michigan Power President Paul Chodak at a storm recovery efforts update news conference on July 2, 2012.\">\n\t\t\t<img title=\"2012\/07\/02: Paul Chodak\"\n\t\t\t\talt=\"2012\/07\/02: Paul Chodak\"\n\t\t\t\tdata-image-id=\"6449\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/cityoffw\/thumbs\/thumbs_156092.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/erica_putt_web.jpg\"\n\t\t\ttitle=\"Erica Putt has been named as a Communications Representative at Indiana Michigan Power. Courtesy image.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"11562\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/erica_putt_web.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_erica_putt_web.jpg\" data-title=\"Erica Putt\" data-description=\"Erica Putt has been named as a Communications Representative at Indiana Michigan Power. Courtesy image.\">\n\t\t\t<img title=\"Erica Putt\"\n\t\t\t\talt=\"Erica Putt\"\n\t\t\t\tdata-image-id=\"11562\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_erica_putt_web.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/sarah_bodner_web.jpg\"\n\t\t\ttitle=\"Sarah Bodner is the Communications Director at Indiana Michigan Power. Courtesy image.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"11563\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/sarah_bodner_web.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_sarah_bodner_web.jpg\" data-title=\"Sarah Bodner\" data-description=\"Sarah Bodner is the Communications Director at Indiana Michigan Power. Courtesy image.\">\n\t\t\t<img title=\"Sarah Bodner\"\n\t\t\t\talt=\"Sarah Bodner\"\n\t\t\t\tdata-image-id=\"11563\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_sarah_bodner_web.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/tracy_warner_web.jpg\"\n\t\t\ttitle=\"Tracy Warner has been named as a Communications Consultant at Indiana Michigan Power. Courtesy image.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"11564\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/tracy_warner_web.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_tracy_warner_web.jpg\" data-title=\"Tracy Warner\" data-description=\"Tracy Warner has been named as a Communications Consultant at Indiana Michigan Power. Courtesy image.\">\n\t\t\t<img title=\"Tracy Warner\"\n\t\t\t\talt=\"Tracy Warner\"\n\t\t\t\tdata-image-id=\"11564\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/fort-wayne-people\/thumbs\/thumbs_tracy_warner_web.jpg\"\/>\n\t\t<\/a>\n\t\t\t<a href=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/isp\/t20251111-ISP.jpg\"\n\t\t\ttitle=\"From left to right: Troopers Chase Pfefferkorn, Eric Mitchel, Bryce Kukelhan, and Caleb Wooldridge. Photo courtesy of the Indiana State Police.\"\n\t\t\tclass='thickbox' rel='cf55201659a9e518b5762735bee0cc66' data-image-id=\"12286\" data-src=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/isp\/t20251111-ISP.jpg\" data-thumbnail=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/isp\/thumbs\/thumbs_t20251111-ISP.jpg\" data-title=\"Indiana State Police Fort Wayne Post Troopers\" data-description=\"From left to right: Troopers Chase Pfefferkorn, Eric Mitchel, Bryce Kukelhan, and Caleb Wooldridge. Photo courtesy of the Indiana State Police.\">\n\t\t\t<img title=\"Indiana State Police Fort Wayne Post Troopers\"\n\t\t\t\talt=\"Indiana State Police Fort Wayne Post Troopers\"\n\t\t\t\tdata-image-id=\"12286\"\n\t\t\t\tsrc=\"https:\/\/aroundfortwayne.com\/news\/wp-content\/gallery\/isp\/thumbs\/thumbs_t20251111-ISP.jpg\"\/>\n\t\t<\/a>\n\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Indiana Michigan Power an operating unit of American Electric Power, is enhancing its commercial &amp; industrial incentives energy efficiency program to offer increased cash incentives.<\/p>\n","protected":false},"author":2,"featured_media":36783,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1716],"tags":[3294,7972,23,906],"class_list":["post-38077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-releases","tag-american-electric-power","tag-bob-bournique","tag-fort-wayne-indiana","tag-indiana-michigan-power"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>I&amp;M offers increased incentives for Indiana commercial &amp; 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