Charge At Home In Indiana
Nothing beats the ease and convenience of charging your EV at home. Wake up every day to a full charge, ready for all your adventures. And nothing beats the price. Our Off-Peak rates give you significant savings – enough to drive 4,700 free miles a year – year, after year. And, if you sign up now, you’re eligible for $500 by joining the program. I&M’s incentive helps offset the cost to set up or retrofit your current charger configuration to measure off-peak PEV charging. PEV charging from 11:00 pm to 6:00 am daily will be discounted 30% from our standard residential per kWh rate.
How do I get the $500 rebate and the off-peak rate?
First you’ll need to own or lease a plug-in EV and have a residential or small commercial account with us. Customers who already have a Level 2 PEV charger installed are eligible.
To get started, you must submit your application to I&M.
Once your application is approved, you will received detailed, step-by-step instructions requiring you and your licensed local electrician to:
- Verify all applicable local licensing, permitting, installation and inspection requirements
- Install an approved meter socket outdoors between the electrical panel and your PEV charger
- Provide evidence of an approved local electrical inspection to I&M
Once I&M has evidence of the approved local inspection, we will install the submeter, activate the discounted off-peak billing, and pay you the $500.
There is no fee to sign up. Apply now to start saving.
Partner with HomeServe to Make Plug-In Electric Vehicle (PEV) Charging Safe and Seamless
Please keep in mind you are free to use any licensed Indiana electrician for the I&M PEV incentive work.
However, should you need help finding licensed electrician, I&M has partnered with HomeServe to provide turnkey PEV charger electrical wiring and installation support.
Once your application has been approved, and should you be interested in working with HomeServe, please go to their online estimator tool to get started.
Also, HomeServe is also offering a PEV Charger and Home Wiring Protection Plan to I&M customers now charging or planning to charge PEVs, which includes a home wiring protection and up to $500 to replace your PEV charger.
Save a lot when you switch from gas, Save even more when you charge off-peak.
Annual Cost to Drive a Full-Size Vehicle 12,000 Miles Per Year
Installing an At-home EV charging meter
We recommend hiring a licensed electrician to install the necessary submeter, according to the schematic below.
Frequently Asked Questions
Off-Peak rates available specifically for your EV apply from 11pm-6am every day.
No. You can charge your EV any time, same as before. However, you’ll get the benefit of the lower rate only during Off-Peak hours.
It is not possible to adopt the Off-Peak rate because the net metering equipment does not differentiate between On-Peak/Off-Peak EV charging.
You’ll need a sub-meter base and a sub-meter; the submeter is provided to you free of charge. You are responsible for hiring an electrician to install the sub-meter base. Once that is complete, we install the sub-meter.
Like the primary electric meter, it remains with the house and we maintain ownership of both. Being Off-Peak ready is a great selling point when selling your home.
Your application undergoes a review for eligibility immediately, and we’ll coordinate with you to install a submeter once your electrical installation is inspected.