EV Charging Tax Credits and Rebates

 

What’s better than increasing your ROI and satisfying your customers by introducing EV charging solutions through EV Connect? Getting paid to go green thanks to the variety of EV charging tax credit opportunities available.

 

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A variety of resources exist for identifying charging station tax incentives and rebates for commercial and retail charging. This is a current list of incentives in the North American market.  It is not an exhaustive list, but it does provide a resource of major incentives in key markets and states. At the end of the list, we have provided a handful of other digital resources you may utilize for further research.

Federal EV Charging Tax Credit

At the federal level, our EV charging solutions can make you eligible for an EV charger rebate known as the Alternative Fuel Infrastructure Tax Credit. With this credit, a business’ electricity-related infrastructure and fueling equipment can receive a 30% tax credit up to $30,000.

Besides the Alternative Fuel Infrastructure Tax Credit, another EV charging tax credit option is available to you if we install an EV charging station. It can be obtained through the Partnership for Sustainable Communities. The entities involved in this partnership include the Department of Transportation, and the Department Housing and Urban Development.

Alabama

Alabama Power Company offers a $500 rebate to install Level 2 charging stations at commercial properties in Alabama Power Company’s territory.

California

If you live in California, a number of EV charger rebate opportunities are available. The following municipalities offer rebates for charging stations:

  • San Joaquin Valley
  • Pasadena
  • Northern Sonoma County
  • Burbank
  • Bay Area
  • Anaheim

California Reimbursements

The rebates may range from $400 for commercial Level 2 stations in Pasadena to a high of $5,000 for each Level 2 single port station as well as $6,000 for each dual port station in San Joaquin Valley. In fact, you may apply for as much as $50,000 per year in San Joaquin Valley. The reimbursements are available first come first served. Meanwhile, in the Bay Area, you could apply for as much as $600,000 based on your stations’ sizes and how many you have.

Additionally, if your company is located in the Los Angeles area, you could also tap into as much as $1,000 in rebates available through the city’s department of power and water, if this department is your service provider. At EV Connect, we can assist you during the application process for these rebate funds.

Colorado

The Regional Air Quality Council Electric Vehicle and Charging Station Grant (Denver Metro Area) is available to local governments, education institutions, non-profit agencies, apartment complexes and businesses with parking facilities in the Denver Metro Area for 80% of the cost or up to $3,260 for Level 2 single port stations, $6,260 for Level 2 dual port stations, $13,000 for DC Fast single connector stations, and $16,000 for DC Fast multiple connector charging stations.

For parking facilities outside of the Denver Metro Area, the Charge Ahead Colorado Program covers 80% of the cost or up to $3,260 for Level 2 single port charging stations, $6,260 for Level 2 dual port charging stations, $13,000 for DC Fast single connection charging stations, and $16,000 for DC Fast multiple connection charging stations.

Delaware

The Delaware Electric Vehicle Charging Supply Equipment Rebate Program offers a $500 rebate to install Level 2 charging stations for commercial customers. Rebates are limited to five stations per customer. The rebates are available until December 31, 2016.

District of Columbia

Through December 31, 2026, an Income Tax Credit of $10,000 per qualified public charging station is available.

Florida

Orlando Utilities Commission offers a $500 rebate to deploy Level 2 and DC Fast charging stations for business and multi-family residential customers with a maximum of five stations per location). The rebate is available until September 30, 2016.

Gerogia

The PEV New Infrastructure Rebate Program provides Georgia Power business customers with up to $10,000 for electric vehicle charging projects. The Georgia Power Program is available for stations deployed by December 31, 2016.

Maryland

The Electric Vehicle Supply Equipment Rebate Program offers a rebate of up to 40% or up to $4,000 of the deployment cost of an EV charging station for commercial and governmental customers. Rebates are available on a first-come, first-served basis until June 30, 2017.

Massachusetts

The Massachusetts Electric Vehicle Incentive Program (MassEVIP) provides 50% or up to $25,000 for costs to employers deploying Level 2 charging stations.

The MassEVIP Fleets Program provides funds to eligible entities for Level 2 dual-head charging stations with the acquisition of at least electric vehicle. Charging station incentives are based on the number of EV’s acquired; $7,500 for one or two EVs acquired, $10,500 for three or four EVs acquired, and $13,500 for five or more EVs acquired.

Missouri

The Alternative Fueling Infrastructure Tax Credit is available to Missouri taxpayers for 20% or up to $20,000 for businesses of the cost of a charging station. The tax credit is authorized through January 1, 2018.

New Jersey

The Drive Green New Jersey Program offers grants for workplace chargers on a first-come basis: up to $250 for a Level 1 charging station, and up to $5,000 for a Level 2 station. Both public and private entities are eligible for the grants.

New York

The Alternative Fuels and Electric Vehicle Recharging Property Credit provides a tax credit of up to $5,000 for the purchase and installation of charging stations by commercial businesses. The credit is available through December 31, 2017.

Oklahoma

The Alternative Fueling Infrastructure Tax Credit is a one-time income tax credit available to corporations for up to 75% of the cost of an electric vehicle charging station project and is available through January 1, 2020.

Texas

Austin Energy offers a rebate of up to 50% of the cost to deploy Level 2 charging stations for their business customers.

Utah

Rocky Mountain Power incentives are offered to Utah non-residential customers to offset the cost of installing charging stations. Funds are limited and are available on a first-come, first-served basis.

 

AC Level 2 Charger Single port $2,500 per charger up to 75% of total charger cost
Multi-port $3,500 per charger up to 75% of total charger cost
DC Fast Charger Single port $30,000 per charger up to 75% of total charger and installation costs
Multi-port $42,000 per charger up to 75% of total charger and installation costs
Grant-based custom projects Custom incentives
Custom Project Funding Application – Word
(2017 funding reviews will occur on August 7 and Sept. 30)

 

Remaining funds available

Available funds as of July 1, 2017
Non-residential & multifamily AC Level 2 Charger $400,000
Non-residential & multifamily DC Fast Charger $400,000
Non-residential & multifamily grant-based custom projects $500,000

Vermont

The Vermont Clean Cities Coalition’s Electric Vehicle Charger Incentive Program provides funding to help workplaces deploy electric vehicle charging. The Program provides $1,050 for a smart (networked), single port, Level 2 charging station, or $1,575 for a smart (networked), dual port, Level 2 charging station. The incentive is available for installations completed by April 15, 2016.

Washington

The purchase of electric vehicle charging is exempt from state sales taxes through January 1, 2020.

Other States

Several other states also offer EV charging tax credit opportunities across the United States. Noteworthy states include the following:

  • Washington
  • Utah
  • Texas
  • Oklahoma
  • New Jersey
  • Massachusetts
  • Washington, D.C.
  • Colorado

Each state and municipality has its own unique offering. For example, in Washington, D.C., you can receive a $10,000 income tax credit per public charging station through December 2026. Meanwhile, in Oklahoma, an infrastructure tax credit is available to any corporation for up to three-fourths of an EV charging station project’s cost. This particular EV charging tax credit can be pursued through January of 2020.

Commercial Installations

One federal opportunity for commercial installations of electric vehicle charge stations is the Alternative Fuel Infrastructure Tax Credit, which states:

Fueling equipment for natural gas, liquefied petroleum gas (propane), electricity, E85, or diesel fuel blends containing a minimum of 20% biodiesel installed between January 1, 2006, and December 31, 2013, is eligible for a tax credit of 30% of the cost, not to exceed $30,000. Fueling station owners who install qualified equipment at multiple sites are allowed to use the credit towards each location. Consumers who purchased qualified residential fueling equipment prior to December 31, 2013, may receive a tax credit of up to $1,000. Unused credits that qualify as general business tax credits, as defined by the Internal Revenue Service (IRS), may be carried backward one year and carried forward 20 years. (Reference Public Law 112-240 and 26 U.S. Code 30C and 38)

Another funding resource is the Partnership for Sustainable Communities is an inter-agency partnership between HUD, DOT, and the DEO.

Los Angeles, CA -area companies who have the Los Angeles Department of Water and Power (LADWP) as their service provider may qualify for up to $1,000 in rebates.  EV Connect can help your workplace or commercial location apply.

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Contact us to learn more about how various EV charging tax credits can maximize your investments’ ROI in EV charging technology and infrastructure