Incentives & Rebates

Residential EV Incentive

Up to $125 Available from BCREMC!

Be sure to explore additional state and federal incentives that may be available to you to maximize your savings. Take advantage of these special offers from BCREMC to enhance your electric vehicle experience:

EV Registration

Register your EV with BCREMC to stay informed about future programs, incentives, and updates just for EV owners.

How to Register:
Submit a photo of your BMV registration as proof of ownership.

Incentive:
BEV (Battery Electric Vehicle) owners will receive a $50 Mastercard Gift Card.

Time-of-Use (TOU) Enrollment

Both BEV and PHEV (Plug-in Hybrid Electric Vehicle) owners can participate in the TOU rate program and receive an incentive. The TOU rate encourages you to charge your electric vehicle during off-peak hours, at a reduced cost per kWh.

Eligibility:
EV owners that are current TOU participants or new TOU enrollees who commit to the program for at least 12 months.

Incentive:
Receive a $75 Mastercard Gift Card upon enrollment or confirmation of participation.

Apply Now! EV Incentive Application

4-H Enrollment Fee Reimbursement

BCREMC is proud to support the local 4-H program by reimbursing the $20 participation fee to BCREMC members.

4-H Enrollment Fee Reimbursement Form

Year 2026 Incentive Programs Effective for installations January 1, 2026 through December 15, 2026. Be sure to explore additional state and federal incentives that may be available to you to maximize your savings. Links below.

HVAC Tune-Up

One incentive per member per calendar year.

Incentive – 50% of serviced cost up to $50:

  • Must complete application and submit copy of a detailed receipt/invoice and be submitted within 90 days or within the same calendar year as serviced
  • HVAC unit must be 3 or more years old to qualify
  • Tune-up service must be performed by a licensed HVAC contractor
2026 Residential HVAC Tune-Up Application

Electric Outdoor Equipment

Two incentives per member per calendar year.

  • Equipment purchased must be new and have a minimum one-year warranty
  • Equipment must be battery or plug-in electrical equipment
  • Application and receipt must be submitted within 90 days of purchase date or in the same program year

Incentive – 50% of purchased equipment up to allotted amount:

  • Handheld equipment (trimmer, leaf blower, chain saw) – up to $50
  • Push-type equipment (snow blower, tiller, push mower) – up to $50
  • Riding equipment (riding tractor, zero-turn mowers) – up to $150
2026 Residential Electric Outdoor Equipment Application

Residential HVAC

Questions to Ask When Replacing Your HVAC Brochure

Two incentives per member.

  • Equipment installed must be new and be AHRI certified
  • Application and itemized receipt/invoice must be submitted within 90 days of installation or within same calendar year
  • Rebates are for whole-home installation except for Single-room Mini-Split Heat Pumps
  • Single-room Mini-Split Heat Pumps are only for single room addition to primary home and external outbuildings (garage, shed, barn, greenhouse, etc.)
  • Minimum HSPF2 ratings: 7.6

Minimum SEER2 ratings:

  • ASHP minimum SEER2 Tiered Levels 14.3 – 15.3; 15.4 – 17.2; 17.2 and Greater
  • MSHP minimum SEER2 17.3
  • SRMSHP minimum SEER2 17.3
  • GEO – no minimum SEER2 rating – Incentive will be flat $2,000/unit

Air Source Heat Pump (Whole Home):

  • Tier 1 – 14.3 – 15.3 SEER 2 = $300.00/unit incentive
  • Tier 2 – 15.4 – 17.2 SEER 2 = $400.00/unit incentive
  • Tier 3 – 17.3 & Greater SEER 2 = $500.00/unit incentive

Mini-Split Heat Pump (Whole Home):

  • 17.3 SEER 2 & Greater = $500.00/unit incentive

Mini-Split Heat Pump (Single Room):

  • 17.3 SEER 2 & Greater = $300.00/unit incentive

Geothermal Heat Pump:

  • No SEER2 Requirement = $2,000/unit incentive
2026 Residential Heat Pump Installation Application

Water Heater

Two incentives per member.

  • Minimum UEF ratings – .90 (must show proof of UEF ratings – ex. Technical spec’s or AHRIcertificate)
  • Equipment installed must be new
  • Application and receipt/invoice showing model # and cost (minus tax and labor) must be submitted within 90 days of installation or within same calendar year

Heat Pump Water Heater $500:

Wi-Fi enabled electric storage water heater $200

2026 Residential Water Heater Installation Application

Government Tax Incentives Available

A list of federal and state tax incentives for upgrading or using high efficiency products.

Learn More About Indiana State Tax Incentives
Learn More About Federal Tax Incentives

Incentive Calculator

Visit the Why Electrify Incentive Calculator

 

For Commercial and Industrial incentives, please visit WhyElectrify.  

Incentive Terms and Conditions

Terms Conditions Electric Outdoor Equipment 2025 (PDF)

Terms Conditions HVAC Tune up 2025 (PDF)

Terms Conditions Residential HVAC 2025 (PDF)

Terms Conditions Residential Water Heater 2025 (PDF)