Questions or concerns about EV ownership? You’ll find answers in our EV FAQ.
Electric vehicles and charging equipment are quiet, clean and efficient. They also offer drivers the opportunity to save money on fuel and maintenance costs, reduce their environmental impact and contribute to the energy independence of the US by using a domestically produced source of energy. Learn more.
While the upfront cost for an electric vehicle may be higher than a traditional vehicle, the ongoing fuel and maintenance costs should be much less. EV owners should expect to see an increase in their electricity usage; however, this is much less than the price of gasoline or diesel fuel.
For Indiana electric vehicle drivers in general, the U.S. Department of Energy estimates an equivalent cost per gallon of $1.22. It’s estimated that electric vehicle owners who charge their vehicles during AES Indiana’s off-peak period will see the cost equivalent of paying approximately $0.86 per gallon for gasoline. Customers who enroll in one of our EV Charging Rewards programs can save even more.
AES Indiana was the first utility in the state of Indiana to offer a special rate for EV owners who enrolled prior to February 2024. Learn more.
After February 2024, customers are encouraged to enroll in Managed or Off-Peak EV Charging Rewards to earn annual incentives while charging their electric vehicles. Learn more.
Most vehicles can charge on a standard 120-volt outlet, so you may be able to use an existing outlet. Many customers choose to have a 240-volt Level 2 charging station for faster charging.
Consult a licensed electrician for the installation of a Level 2 charger and wiring. A reputable EV dealership may be able to recommend a local installer in your area. Level 2 charging station outlets are similar to those of a clothes dryer. If you choose to install one of these chargers, you may be eligible for EV Charging Rewards which can help to cover some of your installation and charging costs.
The best time to charge your car is when everyone else is using less energy. You should especially avoid charging your car on hot, humid summer afternoons and evenings when fans and air conditioners are running continuously.
We recommend charging overnight so that you can take advantage of our Off-Peak EV Charging Rewards program. Off-Peak Charging Rewards offers residential customers a $0.05 per kWh incentive for EV charging during designated off-peak times, up to $100 per year. Off-peak hours are defined as 10:00 PM-6:00 AM each day for this program. Learn more.
AES Indiana has partnered with a third-party provider, CLEAResult, to provide the Managed and Off-Peak EV Charging Rewards programs to our customers.