Energizing Indiana provided about $3 in savings for every one dollar spent, before it was eliminated earlier this year.
Officials are drafting a new energy plan that will replace the Energizing Indiana program.
Environmentalists say the energy efficiency programs could help the state meet new EPA requirements aimed at cutting carbon emissions.
Legislation passed this session eliminates the Energizing Indiana Program, which was designed to encourage energy efficiency programs.
Legislation that made its way to Governor Pence’s desk would halt a state-run energy conservation program.
The legislation approved this session, precludes the state from holding utilities to energy savings goals.
A program that provides companies incentives to produce renewable energy could be eliminated if the governor signs legislation passed this week.
Energizing Indiana says it is offering free home energy audits.