Community Energy Improvement Fund will invest $5 million in critical customer resources, including weatherization and energy efficiency programs, and economic development efforts over the next two years.
Working together with local elected leaders and nonprofit organizations, this fund is designed to help residential customers and small businesses.
EVANSVILLE, Ind. – As part of its commitment to southwestern Indiana customers, the CenterPoint Energy Foundation today announced the creation of a $5 million fund that will support weatherization, energy efficiency and cost-saving programs, as well as local economic and community development efforts across the Evansville region. The “Community Energy Improvement Fund” builds on a series of affordability actions announced last week. The Fund will directly invest in expanding energy efficiency and home weatherization programs that support lower- and middle-income customers, small businesses and renters by helping them save energy and money.
“All of us at CenterPoint, especially our local workforce that proudly calls southwestern Indiana home, are committed to supporting the communities where we live and work. The new Community Energy Improvement Fund will provide vital energy efficiency assistance and cost-saving resources for our customers, while also supporting greater economic development across the Evansville region. The new weatherization program will help residential and small commercial customers with improvements to the shells of their homes, insulation levels and HVAC system improvements and even lighting changes — all with the goal of lowering energy consumption,” said Mike Roeder, President of CenterPoint Energy Indiana.
Community Energy Improvement Fund
As part of its overall effort to prioritize affordability and help customers lower energy costs, CenterPoint’s Community Energy Improvement Fund represents a transformative investment into the Evansville region. Beginning early next year, the $5 million commitment from the Foundation will include:
- Helping Customers Save Energy: $4.5 million will go toward expanding home repair and weatherization programs to help customers improve energy efficiency and lower their monthly bills, including expanded access for lower- and middle-income households, small businesses and renters.
- Supporting Local Economic Growth: $500,000 will be dedicated toward economic development initiatives aimed at growing and improving the vitality of southwestern Indiana and the Evansville region.
- Raising Community Awareness: CenterPoint will work closely with the City of Evansville and local nonprofit organizations to help customers learn about and take advantage of important energy efficiency and cost-saving programs.
The new Fund is in addition to the suite of energy efficiency, financial assistance and other programs, tips and tools that already exist to help Indiana customers manage energy bills. To learn more about these programs and resources, customers are encouraged to visit CenterPointEnergy.com/ResourceHub.
Community Affordability Actions
The Community Energy Improvement Fund is the latest in a series of actions taken to support southwestern Indiana customers. Last week, CenterPoint announced an initial series of immediate and longer-term actions to prioritize affordability. The first phase of this effort included the following actions:
- Two-Year Rates Stability: Starting in the first quarter of 2026, stabilizing electricity bills by keeping any rate change below or near the rate of inflation for the next two years, an action that equates to future savings for residential customers of approximately $18/month of avoided costs through 2027. These avoided bill impacts were achieved by the cancellation of nearly $1 billion in non-economical generation projects.
- Offset October Rate Increase: Reducing bills for average residential customers by December 2025 through a combination of bill adjustments and credits, which will offset rate changes that took effect in October.
