Indiana Guide · Updated April 2026

Indiana Rebates & Credits: HOMES & HEAR Open with $182M via Indiana Energy Saver

Indiana's programs are live through the Indiana Energy Saver portal with $182M in combined funding. Strong homestead deduction saves $400-$1,500/year on property taxes.

What rebates and credits are available in Indiana right now?

Indiana homeowners can access federal tax credits, state HOMES/HEAR rebate programs, and local property tax exemptions. Here is the current status of every major program as of April 2026:

ProgramValueStatusSource
HOMES Rebate ProgramUp to $8,000Open.gov
HEAR Electrification RebateUp to $14,000Open.gov
Homestead Deduction$400 - $1,500/yearAvailable
Federal Energy Credits$500 - $12,000Available.gov

What should Indiana homeowners know about these programs?

Both HOMES and HEAR are open — apply at portal.indianaenergysaver.com

First-come, first-served with $182M in combined funding

Upfront discount applied via qualified contractors — no waiting for reimbursement

Indiana homestead deduction saves $400-$1,500/year on property taxes

How much can Indiana homeowners save with each program?

HOMES Rebate Program

Open
Up to $8,000

Live since May 2025 through Indiana Energy Saver portal. First-come, first-served through approved contractor network.

Official program page →

HEAR Electrification Rebate

Open
Up to $14,000

For households <150% AMI. First-time heat pump purchases. Upfront discount via qualified contractors.

Official program page →

Homestead Deduction

$400 - $1,500/year

Indiana's standard homestead deduction plus supplemental deduction. New for 2026: additional 10% credit (max $300) plus extra $150 for age 65+.

Federal Energy Credits

$500 - $12,000

Solar, heat pump, and efficiency credits stack with Indiana's state rebates for maximum savings.

Official program page →

Free rebate alerts

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How much could you save in Indiana?

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