What Indianapolis Businesses Need to Know About EV Charger Rebates and Tax Credits

Electric vehicles (EVs) are no longer a niche market. More consumers and businesses are choosing EVs every year, and commercial properties that install EV chargers can benefit from increased customer traffic, tenant satisfaction, and long-term property value. For many businesses, the biggest concern is cost. Fortunately, EV charger rebates in Indiana and federal tax credits make installation much more affordable.

To make this easier, we’ll break down what business owners need to know about available incentives, eligibility, and how to maximize your return on investment.

The Cost of Commercial EV Charger Installation

Before diving into incentives, it’s important to understand what businesses typically spend. Commercial EV charger installation costs vary based on:

• Type of charger – Level 2 chargers are more affordable and common, while DC fast chargers require a bigger investment.
• Electrical upgrades – Some properties need panel upgrades, trenching, or new wiring to support the load.
• Permits and compliance – Meeting local electrical codes, ADA accessibility, and inspection requirements adds to the total cost.

On average, businesses can expect installation to range from $6,000–$12,000 for Level 2 chargers, and $30,000+ for DC fast chargers. That’s where commercial EV tax credits and rebates become crucial.

Federal EV Charger Tax Credit

The federal government offers strong financial support through the Alternative Fuel Infrastructure Tax Credit.

• Covers 30% of installation costs (equipment + labor).
• Maximum credit of $100,000 per charger for commercial projects.
• Applies to both Level 2 and DC fast charging stations.

This credit was extended under the Inflation Reduction Act, meaning businesses still have access to these savings for projects completed in the coming years.

EV Charger Rebates in Indiana

In addition to federal credits, Indiana businesses may qualify for statewide and utility rebates that further reduce costs. While programs change frequently, here are common opportunities:

• Utility Incentives – Some Indiana utility companies offer rebates for installing commercial charging infrastructure. These can cover anywhere from a few hundred to several thousand dollars per charger.
• State & Regional Grants – Programs tied to environmental goals sometimes provide additional funding for EV infrastructure, especially for fleets or multi-unit properties.
• Partnership Programs – Businesses may also receive cost-sharing incentives if they partner with charger networks to make their stations public.

It’s always smart to consult with a licensed installer who stays updated on Indiana rebate availability.

Stacking Incentives for Maximum Savings

The good news? Businesses can often combine federal credits with state or utility rebates. For example:

• A hotel installs four Level 2 chargers at $40,000 total.
• A federal tax credit covers 30% ($12,000).
• The utility rebate contributes another $6,000.
• Final out-of-pocket cost: just $22,000.

By stacking incentives, businesses can cut nearly half of their upfront expense.

Why Businesses Should Act Now

The EV market is growing rapidly, and properties without charging risk being left behind. By installing chargers now, businesses benefit from:

• First-mover advantage – Attract eco-conscious customers and tenants before competitors.
• Tax savings before programs expire – Incentives are powerful, but they’re not guaranteed forever.
• Future-proofing properties – As EV adoption grows, demand for charging stations will only increase.
  
  

How To Get Started

1. Consult a Commercial EV Installer – A licensed electrician can assess your site’s electrical capacity, permitting needs, and charger options.
2. Research Incentives – Check federal, state, and utility programs that apply to your property.
3. Plan for Scalability – Even if you start small, consider installing infrastructure (conduit, panels) for future expansion.
4. Apply for Credits and Rebates Early – Many programs have limited funding windows.

For businesses in Indiana, EV charger rebates and the commercial EV tax credit make installing chargers far more affordable than most realize. From retail centers and hotels to office parks and multi-unit housing, these incentives help properties stay competitive while supporting a greener future.

With the right planning and professional installation, you can take advantage of available funding, reduce upfront costs, and enjoy long-term benefits for both your business and your community.