Midwest Incentives

Incentives for people to buy electric vehicles (EV) originate from two sources – state governments and electric utilities.  Utilities generally offer two different types of incentives:

  • Reduced energy rates for charging your electric vehicle
  • Rebates for purchasing and installing Level 2 home charging equipment
There is currently a federal tax credit of $2,500-$7,500 available for qualified plug-in electric drive motor vehicles: The tax credit is available for the purchase of a new qualified plug-in electric drive motor vehicle. (Important: the credit will begin to be phased out after a minimum of 200,000 qualified plug-in EVs (PEVs) have been sold by that car maker for use in the United States) More Info

 

Important: Some states do not have any listed government or utility incentives as of summer 2018. Check back in the future as this information will be updated accordingly.

Illinois

Utility Incentives 

    • Plug-In Electric Vehicle Financing and Charging (IL Electric Co-op): Co-op members are eligible for loan financing at 0.5% for 60 months or the purchase of new PEVs More Info
    • CLEAR Charge Clearview Energy Plan: Get free EV charging on weekends (from 7 PM on Fridays to 7 AM on Mondays) and a $75 rebate for ChargePoint Home More Info
    • Special Plug-In Electric Charging Rates (ComEd):  ComEd offers three rate options for its customers such as fixed-price rate, hourly pricing rate, and delivery services rate. More Info

    Government Incentives 

    • Electric Vehicle Registration Fee Reduction: The owner of a dedicated EV may register for a discounted registration fee More Info
    • Electric Vehicle Emissions Inspection Exemption: Vehicles powered exclusively by electricity are exempt from state motor vehicle emissions inspections More Info
    • Bloomington-Normal IL: Qualifying electric vehicles and plug-in electric hybrids are eligible for a rebate of the 1% local share of the state sales tax. More Info

    Indiana

    Utility Incentives 

    • PEV Charging Rates (Indianapolis Power & Light Co): The IPL offers special PEV charging rates, including year-round time-of-use based options, for residential and fleet customers who own a licensed PEV More Info
    • Residential Electric Vehicle Charging Incentive (NIPSCO):  The overnight charging rate ($.07 per kWh) is about one-third lower than the general residential electric usage rate. This rate applies for overnight charging hours, only (10 p.m. to 6 a.m.). More Info

    Iowa

    Utility Incentives 

    • Residential Electric Vehicle Supply Equipment Rebate: Alliant Energy offers a $250 rebate to residential customers who purchase and install Level 2 charging equipment. More Info
    • New and Used Plug-In Electric Vehicle Rebate: Alliant Energy also offers an incentive for customers to buy a new or used electric vehicle. They offer $500 towards a new electric vehicle and $250 towards a used electric vehicle. More Info

    Michigan

    Utility Incentives 

    • Plug-In Electric Vehicle Charging Rate and Infrastructure Rebate (Indiana Michigan Power): IMP provides rebates of up to $2,500 to first 250 residential customers who purchase or lease a new PEV and install a Level 2 charging equipment with a separate meter. More Info
    • Plug-In Electric Vehicle Charging Rate and Infrastructure Rebate (The Board of Water & Light): BWL offers a pilot time-of-use charging rate to customers with a separately metered Level 2 EV charger.  More Info
    • Plug-In Electric Vehicle Charging Rate Reduction (Consumers Energy): Consumers Energy offers a time-of-use rate option for EV owners. More Info
    • Plug-In Electric Vehicle Charging Rates (DTE Energy): DTE Energy offers its customers two rate options (time-of-use and flat rates) for charging PEVs. More Info

    Government Incentives

    • Alternative Fuel Vehicle (AFV) Emissions Inspection Exemption: Dedicated AFVs powered by compressed natural gas, propane, electricity, or any other source as defined by the Michigan Department of Transportation are exempt from emissions inspection requirements. (Michigan Compiled Laws 324.6311 and 324.6512)

    Minnesota

    Utility Incentives 

    • Plug-In Electric Vehicle Charging Rate Reduction (Dakota Electric): Customers can choose between two rates packages in their ChargeWise program, claim a “revolt” upgrade to power their EV and have a wind energy REC dedicated on their behalf. Get up to $500 for putting your Level 1 or 2 charger on a ChargeWise program. More Info
    • Plug-In Electric Vehicle Charging Rate Incentive (Connexus Energy): CE offers reduced electric rates to residential customers in their service territory who charge PEVs. They also offer a $500 rebate for the installation of Level 2 charger with the enrollment in a time-of-use rate. Apply by Dec. 31, 2018. More Info
    • Drive On Electric Vehicle Rate (Otter Tail Power Co): With the Drive On Electric Vehicle Charging Rate save up to $20 a month on charging costs and customers may qualify for a rebate of $400 when they install a Level 2 charging station. More Info
    • Plug-In Electric Vehicle Charging Rate Options (Xcel Energy): Xcel Energy offers two rate options to qualified residential customers for charging PEVs. More Info

    Government Incentives

    • Electric Vehicle Charging Tariff: All public utilities must file a tariff with Minnesota Public Utilities Commission to allow customers to purchase electricity for the purpose of charging a PEV.  The tariff must include either a time-of-day or off-peak rate, allow the customer to purchase electricity from the utility’s current mix of energy supply sources or from entirely renewable energy sources, and be available to the residential customer class.
    • State Agency Vehicle Procurement and Management Requirement: state agencies must purchase vehicles with the cleanest energy as long as it’s of equal or lesser lifetime cost of a traditional gas powered vehicle.

    Missouri

    Government Incentives

    • Alternative Fuel Vehicle (AFV) Emissions Inspection Exemption: Vehicles powered exclusively by electricity, including low-speed vehicles, hydrogen, or fuels other than gasoline that are exempt from motor vehicle emissions inspection under federal regulation, are exempt from state emissions inspection requirements.

    Ohio

    Government Incentives

    • Alternative Fuel Vehicle (AFV) Emissions Inspection Exemption: Vehicles powered exclusively by electricity, propane, or natural gas are exempt from state motor vehicle emissions inspections after receiving a one-time verification inspection.

    Wisconsin

    Utility Incentives 

    • Residential Electric Vehicle Supply Equipment Rebate (Alliant Energy Corp.): Alliant Energy offers a $250 rebate to residential customers who purchase and install Level 2 charging equipment. More Info
    • New and Used Plug-In Electric Vehicle Rebate: Alliant Energy also offers an incentive for customers to buy or lease a new or used electric vehicle. They offer $500 towards a new electric vehicle and $250 towards a used electric vehicle. More Info
    • Workplace and Public Electric Vehicle Supply Equipment Rebate (Alliant Energy Corp.): Alliant Energy offers a rebate to commercial and industrial customers who purchase and install Level 2 charging equipment for use by their employees or the public. More Info
    • Charge@Home Pilot Project (Madison Gas & Electric): This program provides a ChargePoint Home L2 charger without having to pay up-front installation fees. More Info

    Government Incentives 

    • Alternative Fuel Vehicle Emissions Inspection Exemption: Vehicles powered exclusively by electricity, propane, or natural gas are exempt from state motor vehicle emissions inspections after receiving a one-time verification inspection. More Info
    • Alternative Fuel Tax Exemption: No county, city, village, town, or other political subdivision may levy or collect any excise, license, privilege, or occupational tax on motor vehicle fuel or alternative fuels, or on the purchase, sale, handling, or consumption of motor vehicle fuel or alternative fuels.
 

Comments are closed.