MidAmerican Energy EV Incentives

MidAmerican Energy EV Incentives

MidAmerican Energy EV Incentives

What incentives does MidAmerican Energy have related to the installation of EV chargers?

MidAmerican Energy is an electric utility company that serves parts of Iowa, Illinois, and South Dakota. It offers a variety of incentives to its customers to encourage the installation of EV chargers in both residential and commercial settings.

For residential customers, MidAmerican Energy offers an incentive of $500 for the installation of a Level 2 EV charger. To be eligible for the incentive, the EV charger must be installed by a licensed electrician and meet all of the necessary safety and electrical code requirements. The EV charger must also be connected to a separate electrical circuit that is protected by a ground fault circuit interrupter (GFCI) device.

For commercial customers, MidAmerican offers a variety of incentives for the installation of EV chargers. The incentives depend on the number of chargers installed, the type of charger, and the level of the charger. The commercial customers can receive up to $20,000 for the installation of EV chargers.

MidAmerican Energy also offers a time-of-use (TOU) rate option for commercial customers with EV chargers. The TOU rate offers a reduced electricity cost during off-peak hours, aiding in lowering EV charging expenses.

MidAmerican Energy not only offers enticing EV incentives but also supports customers in understanding and installing chargers. They provide valuable information on rebates, grants, and technical assistance for site assessments and installation. Bear in mind that incentives may change, so we encourage customers to check with MidAmerican Energy for the latest information and eligibility confirmation.