Ways to Pay for
Electrical Work
in Michigan.
A panel upgrade, EV charger, or generator is a real investment. IB Electric helps customers understand their financing options, available rebates, and federal tax credits: so the work you need isn't out of reach.
DTE Energy & Consumers
Energy Rebate Programs
Michigan's two major utilities: DTE Energy and Consumers Energy: operate incentive programs designed to encourage EV adoption and energy efficiency upgrades. Many IB Electric customers in Metro Detroit qualify for these programs and receive cash back on qualifying installations.
IB Electric identifies rebate eligibility during the project planning phase and provides customers with the documentation needed to apply. We don't guarantee specific rebate amounts: those are set by the utility programs and change periodically: but we make sure every eligible customer knows about them.
Rebate programs currently active for qualifying customers include: Level 2 EV charger installation rebates, commercial LED lighting retrofit incentives, and time-of-use rate programs for EV owners.
Ask About Rebates on Your ProjectRebate amounts reflect recent program levels and are subject to change. Eligibility based on DTE service territory and program availability at time of installation.
Rebate amounts reflect recent program levels and are subject to change. Eligibility based on Consumers Energy service territory and program availability at time of installation.
Federal Incentives for
Electrical Upgrades
The Inflation Reduction Act (IRA) extended and expanded federal tax credits for home energy improvements: including EV charger installation. These credits are available to qualifying homeowners and can be claimed when filing federal taxes.
IB Electric provides customers with the documentation needed to support their tax credit claims, including invoices that break out equipment and installation costs. Always consult a tax professional for advice specific to your situation: IB Electric is not a tax advisor.
EV Charger Tax Credit (Section 30C)
Up to 30% / $1,000The Alternative Fuel Vehicle Refueling Property Credit covers up to 30% of the cost of EV charger equipment and installation: capped at $1,000 for residential installations. Commercial installations have a separate higher cap. Must be installed at a primary or secondary U.S. residence.
Energy Efficient Home Improvement Credit (25C)
Up to $600–$2,000Section 25C credits apply to qualifying electrical panel upgrades when made as part of a broader home energy efficiency improvement. Credit amounts vary by improvement type. Electrical panel upgrade credits of up to $600 may be available for qualifying installations. Check with a tax professional for current rules.
Commercial Clean Energy Credits
Varies by projectBusinesses and commercial property owners may qualify for the Investment Tax Credit (ITC) for commercial EV charging infrastructure and energy efficiency improvements under the IRA. Credit rates and bonus adders vary based on project type, location, and prevailing wage compliance.
From Estimate to Rebate Check
IB Electric walks every customer through the rebate and incentive process: you don't have to figure it out on your own.
On-Site Evaluation
IB Electric assesses your property and provides a fixed estimate. We identify all applicable rebates and incentives during this visit.
We Explain Your Options
Before work begins, we walk you through available rebates, tax credits, and financing options that apply to your specific project.
Work Completed & Permitted
IB Electric completes the installation, pulls all permits, and passes inspection. We provide detailed invoices for rebate and tax credit documentation.
You Apply & Collect
With IB Electric's documentation, you submit your utility rebate application and claim applicable tax credits when you file: money back in your pocket.
Let's Find the Best
Way to Pay for Your Project.
Call or get an estimate online: we'll walk through available rebates and financing during your evaluation. The evaluation visit is credited to your invoice.