Residential Energy Efficiency Rebate Program

This program is now closed. See the OED program website for additional information. The Indiana Office of Energy Development (OED) is offering rebates to homeowners who replace an existing furnace, boiler, or water heater with an Energy Star certified, energy efficient unit in their homes. The following table summarizes the rebate amounts and minimum product requirements for each product type: ProductProduct RequirementsRebate AmountsNatural Gas or Propane Furnace90% AFUE or greater$400Oil Furnace85% AFUE or greater$400Natural Gas or Propane Residential Boiler85% AFUE or greater$750Natural Gas or Propane Storage Water HeaterMinimum 0.62 Energy Factor, Minimum 30 Gallon storage capacity$150Natural Gas or Propane Tankless Water HeaterMust have 0.82 Energy Factor or greater$250 To be eligible for the rebate, applicants must have a maximum household income of $75,000 or less, the system must replace an existing unit, and equipment must be installed between January 20, 2009 and April 30, 2009. Rebate funds are limited and available on a first-come, first-served basis. See the program website for more details.