You may already be aware of the federal tax credits for electric vehicles (if not check out Electric Vehicle Federal Tax Credit: Explained) but there are also EV incentives available in individual states, including some great incentives for Indiana residents.
If you’re a resident of the Hoosier State you may qualify for tax credits, incentives or savings for owning an electric vehicle and may also qualify for additional incentives such as credits on solar panel installation, discounts on home charging through your energy provider, carpool lane exemptions and more.
Check out the incentives we’ve found for the state of Indiana in 2023. Please keep in mind that these may change at any time and certain conditions may apply to qualify.
Federal Tax Credits up to $7,500
NOTE: The Clean Vehicle Credit added a new requirement for final assembly in North America that took effect on August 17, 2022, with additional requirements beginning January 1, 2023.
Used EV Rebates up to $4,000
The Clean Vehicle Credit provides a tax credit for the purchase of a pre-owned EV or FCEV.
HOV Lane Exemptions
In Indiana, electric vehicles may use the carpool lane regardless of the number of passengers.
Home Charger Incentives
Applied Energy Services (AES) Indiana is one utility provider in Indiana that is looking to help save you money on EVs. They are currently offering a $250 rebate towards the installation of a Level 2 EV charger. To find out more about their EV charging incentives and rebates, check out AES Indiana’s EV website to see all of their terms and conditions.
Duke Energy is also offering their customers a flat rate on the rental of a Level 2 EV charger. There are many factors to consider when leasing an EV charger, so be sure to refer to Duke Energy’s EV website for everything you need to know about their Charger Solution Program and EV charging incentives in Indiana.
The Final Word
To stay up-to-date on available incentives for EVs in Indiana and across the nation, bookmark our Incentives and Rebates in IN page where you’ll find the most up to date information on all electric vehicle tax credits and incentives available in Indiana and every other US state.
Still trying to choose an EV?
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