Growth Incentive Program
Creating Opportunities
Businesses are the lifeblood of the communities Heartland Energy serves. They contribute to the economic well-being of the towns they reside in, create job opportunities and provide essential goods and services. Heartland Energy partners with the local municipal utilities to offer rebates and incentives to new and expanding businesses in our customer communities
Heartland Energy Stats Since 2004
For more information, contact Heartland Director of Economic Development Casey Crabtree at 605-256-6536.
You may also complete the form here and submit it to the economic development department.
New Businesses
Rebate based on Electric Power Bills
*New retail customer of city served by Heartland Energy or commercial/industrial customer served directly by Heartland Energy.
Portion of Power Bill Rebate | Eligible Time Period After Startup
- 50.0% | During each of first 12 months (not to exceed $50,000 per business per year)
- 35.0% | During each of first 13-24 months (not to exceed $50,000 per business per year)
- 20.0% | During each of first 25-36 months (not to exceed $50,000 per business per year)
Growth or Expanding Businesses
Rebate based on Electric Power Bills
*Growing or expanding retail customer of city served by Heartland Energy or commercial/industrial customer served directly by Heartland Energy.
Portion of Power Bill Rebate | Eligible Time Period After Startup
- 50.0% | During each of first 12 months (not to exceed $50,000 per business per year)
- 35.0% | During each of first 13-24 months (not to exceed $50,000 per business per year)
- 20.0% | During each of first 25-36 months (not to exceed $50,000 per business per year)
Measurement of load growth will be determined on a monthly basis based on kilowatt-hours of energy compared to the average of the two previous years of the same month. In the event a business is less than two years old, the measurement will be based on the previous year’s bill of the same month. Any month whose previous two-year average electric load is greater than month under consideration will not be eligible for refund.
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