USA EV Incentives: Indiana
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
Indiana offers a few incentives to encourage EV adoption. You can get rebates from some utilities for purchasing a Level 2 home charger, and some even offer rental options. You may also qualify for additional incentives by participating in their managed charging programs.
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EV Charger Rebate and TOU Rate • Indiana Michigan Power
Category: Charger Rebates Indiana Michigan Power provides a $500 rebate to residential customers for purchasing a Level 2 EV charger or preparing the necessary wiring to support one, provided they are enrolled in a Time-of-Use (TOU) rate. -
EV Charger Rental Program • Duke Energy
Category: Charger Rebates Duke Energy allows residential customers to rent Level 2 charger for a flat monthly rate, including the cost of installation, warranty and maintenance. -
EV Charger Rebate • Applied Energy Services Indiana
Category: Charger Rebates AES Indiana offers residential customers a $250 rebate for the purchase of a new Level 2 EV charger, along with an annual $50 incentive for participating in the EV Managed Charging Program.
Last Updated:
04/03/2025
Federal Incentives
The U.S. federal government offers EV tax credits to make going electric more affordable! New EV buyers may qualify for up to a $7,500 tax credit, depending on the car’s specs and buyer’s income. For pre-owned EVs, you could receive up to $4,000. Plus, homeowners in low-income or rural areas can get up to $1,000 for installing an EV charger.
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Federal Tax Credit for New Electric Vehicles
Category: Tax Benefits All-electric vehicles purchased new in 2023 or after may be eligible for a federal income tax credit of up to $7,500. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.
The availability of the credit will depend on several factors: Vehicle's MSRP, Final assembly location, Battery component and/or critical minerals sourcing, Taxpayer’s modified adjusted gross income (AGI). -
Federal Tax Credit for Pre-Owned Electric Vehicles
Category: Tax Benefits Pre-owned all-electric vehicles purchased in 2023 or after may be eligible for a federal income tax credit. The credit equals 30% percent of the sale price up to a maximum credit of $4,000. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.
The vehicle must be purchased from a dealer, have a sale price of $25,000 or less, and must have a model year two years prior to the current calendar year. -
Federal EV Charger Tax Credit
Category: Tax Benefits Individuals in low-income communities and non-urban areas who purchase qualified residential EV charger after January 1, 2023, may receive a tax credit of up to $1,000.
In order to qualify, individuals need to be located in low-income community census tracts or non-urban census tracts as defined in IRS Notice 2024-20.
Last Updated:
04/03/2025
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