AES Indiana announces approval of plan to further accelerate the adoption of electric vehicles in Central Indiana

December 11, 2023

The Indiana Utility Regulatory Commission recently approved AES Indiana’s Electric Vehicle (EV) plan. The plan includes a set of programs that will help prepare AES Indiana, customers, and the community for future EV growth.

The three-year plan is anticipated to launch in early 2024, and includes various incentives, rates, and pilot programs that are designed to encourage EV adoption and EV charging infrastructure investment in central Indiana. The plan provides a framework for AES Indiana to better understand potential future grid impacts in a way that is equitable and cost effective.

The plan also includes a dedicated set of rebates to encourage the buildout of EV charging infrastructure in disadvantaged communities, ensuring equity remains an integral part of AES Indiana’s work.

“Our EV plan reflects our commitment to sustainability,” said Ken Zagzebski, CEO and President, AES Indiana. We're embracing ways to incorporate smart energy management into our customers’ everyday lives to enhance our environment, communities, and for future generations.”

AES Indiana’s plan includes the following:

• Offerings designed to benefit residential customers, commercial and industrial customers, and the public.
• Alternative pricing structures, incentives and rates that are designed to encourage EV adoption and EV charging infrastructure investment in central Indiana.
• Pilot programs that support the growth of public use EVs, by offering bi-directional EV charging, fleet electrification solutions, and EV charger rebates for AES Indiana customers including dedicated rebates for disadvantaged communities.

According to 2022 findings by the Edison Electric Institute, the number of EVs on U.S. roads is projected to reach 26.4 million by the year 2030.

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About AES Indiana 

AES Indiana, an AES Company, provides retail electric service to more than 500,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County. During its long history, AES Indiana has supplied its customers with some of the lowest-cost, most reliable power in the country. For more information about the company, please Connect with AES Indiana on X (formerly Twitter), Facebook, Instagram and LinkedIn. For more information about AES Indiana is accelerating the future of energy, visit aesindiana.com/hellofuture.