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Fleet and Equipment Incentives

Lower operating costs, improved safety and environmental gains are just a few of the benefits of making the switch to electric vehicles and equipment. New incentives for electric high-capacity lift trucks and truck refrigeration unit (eTRU) charging stations are now available to almost all Ameren Missouri business customers.

Electric Vehicle Incentives From Ameren

Incentives to convert your fleet to electric include:

  • Incentives of up to 50% of project cost for installation of EV charging stations.
  • Pay less at the plug: The cost of fueling an EV is less than half the cost of a traditional vehicle; it's like paying $1 per gallon of gas!
  • Lower maintenance costs: All-electric vehicles have fewer parts to maintain, and no tailpipe means no emissions checks.
  • Managing charging is easy: We can help you develop a plan to manage your charging and reduce fueling costs.

Electric Vehicle Federal Tax Credit

Switching to electric fleet passenger vehicles can be surprisingly affordable with assistance from the U.S. Federal Government.

  • Commercial EVs under 14,000 lbs. are eligible for a tax credit of $7,500
  • Commercial EVs over 14,000 lbs. are eligible for a tax credit of $40,000

Electric High-Capacity Lift Trucks

Benefits include:

  • Improved safety due to reduced noise and vibration
  • Less maintenance thanks to 85% fewer moving parts
  • Three to five times less costly to maintain and repair
  • Significantly reduced fuel costs with three to four times the annual savings

Program details:

  • Open to most Ameren Missouri business customers
  • Pre-approval required prior to purchase
  • Reserved for Class I applications with a lifting capacity above 6,000 lbs.
  • Incentive of $2,500 new purchase, $1,250 leased
  • Learn more (PDF)

Electric Truck Refrigeration Unit (eTRU) Charging Stations

Benefits include:

  • Cool perishable shipments by plugging in instead of running a diesel engine
  • Reduced diesel idling means a healthier work environment
  • Reduced noise
  • Fewer accidents

Program details:

  • Open to most Ameren Missouri business customers
  • Pre-approval required prior to purchase
  • Incentive of $1,600 per eTRU charging station purchase

Maximize your savings with Off-peak/On-peak Rates

Off-peak/on-peak rates can help your business save money based on when you use energy. With these rates, you can save by shifting your energy usage to off-peak times, when demand is lower, and you're charged less.


Bar graph for off peak. Off-Peak Times
Demand for energy is lower during these times, so you're charged less. These times vary by plan but are typically late at night and in the early morning. 


Bar graph for on peak. On-Peak Times
Demand for energy is higher during these times, so you're charged more. These times vary by plan but are typically in the afternoon and early evenings. 



Contact the Ameren Business Center at 877.426.3736 to learn more and switch to off-peak/on-peak rates.

Lift Truck FAQs

No, these incentives are restricted to diesel tech only.
No, incentives are reserved to encourage adoption.
Yes, fleet expansion is viewed as net participation.
No, incentives are reserved for Class I counter balance trucks exceeding 6,000 pounds.

Electric Truck Refrigeration Unit FAQs

Yes.  There is no minimum requirement for eligibility.
No, in house installations are acceptable in applying for incentives.

Get a Free Consultation

Wondering what the future of transportation looks like for your business? Have questions about available incentives? Unsure where to start?

We understand that making the switch to electric can be challenging, but we’re here to help. We partner with you to understand your goals, analyze feasibility and financial impacts, then deliver a personalized plan and help every step of the way.

Fill out this form to connect with our electric vehicle experts.

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