Your complete guide to Indiana EV tax credits and rebates in 2025

If you're considering switching to an electric vehicle in Indiana, you'll find a growing network of utility incentives designed to make EV ownership accessible and affordable. While the state doesn't have its own EV tax credit like some other states, Indiana's major utilities offer substantial EV charger rebates and lower electricity rates that can save thousands on both your vehicle charging infrastructure and ongoing fuel costs.

Thanks to Indiana's lower-than-average electric rates and utility programs, EV owners can still achieve significant savings on transportation costs. Major Indiana utilities offer EV charger rebates ranging from $75 to $600, plus time-of-use electricity rates that can reduce charging costs to as little as $0.01 per kilowatt-hour during off-peak hours.

Indiana's incentive landscape focuses on practical, immediate savings through utility rebates and reduced electricity rates. Unlike tax credits that require substantial tax liability, Indiana's utility programs provide direct rebates and ongoing savings that benefit EV owners regardless of their tax situation.

State and utility rebate programs

Carroll White REMC offers the only direct EV purchase rebate in Indiana, providing $150 toward new EV registration costs. 

The real value in Indiana comes from ongoing electricity savings. With some utilities offering charging rates as low as $0.01 per kWh during off-peak hours, Indiana EV owners can achieve some of the lowest transportation fuel costs in the country.

Home charging transforms your EV ownership experience and saves serious money. While public charging can cost $0.39 per kWh, home charging typically runs $0.17 per kWh in Indiana. 

Seven utility providers across Indiana offer EV charger rebate programs, with incentives ranging from $75 to $600. These rebates can cover a substantial portion of both equipment and installation costs, making home charging accessible for most Indiana homeowners.

Utility EV charger rebate programs

Electrical panel upgrade incentives

Most EV chargers require a 240-volt circuit, and older Indiana homes—especially those built before 1990—often need electrical panel upgrades to handle the additional load safely. These homes typically have 100-amp electrical panels that may struggle with modern electrical demands, let alone a 40-amp EV charger. Electrical panel upgrades can cost $1,500-$4,000 if needed.

The federal Energy Efficient Home Improvement Tax Credit covers up to 30% of electrical panel upgrade costs (capped at $600) when the upgrade supports EV charging, but this credit only applies to work completed before December 31, 2025.

Before installing an EV charger, have a qualified electrician assess your electrical panel's capacity.

Time-of-use rates

Indiana utilities have created some of the most attractive time-of-use rates in the country for EV charging. These programs reward charging during off-peak hours when the grid has excess capacity, often from renewable sources like wind power that's most abundant at night.

Several utilities offer charging rates below $0.10 per kWh during off-peak hours:

These rates can reduce annual charging costs by $200-400 for typical drivers compared to standard residential electricity rates.

According to data from the Alternative Fuels Data Center, Indiana has approximately 690 public charging stations statewide as of September 2025, including 2,019 public charging ports. Of those publicly available chargers, 1,177 are Level 2 stations and 842 are DC fast chargers.

Where to find public charging stations

The state continues investing in charging infrastructure to support growing EV adoption. Stations are rapidly appearing along highways to make longer trips more convenient, with most charging options located in Indianapolis.  

Public charging costs and economics

Public charging in Indiana averages $0.39 per kWh. Many networks now use variable pricing that accounts for location, time of day, and power delivery, so costs can fluctuate throughout the day.

Level 2 public charging typically costs less but charges more slowly, making it better suited for longer stops like shopping or dining.

Indiana makes going electric more practical with utility rebates, time-of-use rate programs, and affordable electricity costs that make charging easy and economical. By combining these programs—and pairing your EV with solar panels—you can maximize savings on both installation and ongoing charging. Many Indiana utilities offer rebates for home charger installations and added incentives for customers who enroll in managed charging or time-of-use programs. 

With the federal charger tax credit available through June 2026 and expanding charging infrastructure statewide, Indiana is building a future where driving electric is affordable, sustainable, and supports cleaner air for all Hoosiers.