If you purchase and install a QCharge® electric vehicle (EV) charging solution between Jan. 1, 2023, and Dec. 31, 2032, your business may be eligible to receive a 30% tax credit up to $100,000 under the 30C Alternative Fuel Infrastructure Tax Credit. Commonly referred to as the “federal tax credit,” the credit now requires applicants to be located in designated census tracts (guidance and maps forthcoming from the IRS) and follow prevailing wage standards.
Find out more about Form 8911 for EV Refueling Property Credit here.
Investing in electric vehicle (EV) charging infrastructure may appear to incur substantial expenses, but it is, in fact, more economically viable than one might assume. Governments and utility companies extend an array of financial incentives, encompassing tax credits, rebates, and grants, with the aim of mitigating the initial costs and ensuring widespread access to sustainable charging solutions. Our dedicated “Incentives and Rebates” webpage provides comprehensive information on the available alternatives, empowering you to make an enlightened choice and embark on a path towards a more ecologically balanced future.
Were you aware that substantial financial advantages await those who invest in EV charging infrastructure? By capitalizing on state-sponsored rebate programs and federal tax incentives, you stand to potentially recoup up to 70% of your initial expenditure. In some cases, diligent individuals who secure rebate funds prior to installation may even enjoy a complete waiver of upfront costs, ensuring that no funds emerge from their own pockets.
EV charging can also provide financial benefits beyond the incentives and rebates offered by governments and utilities. Many businesses and property owners who offer EV charging can generate revenue through charging fees, attract and retain customers, and increase property values.
Additionally, with the growing popularity of electric vehicles, installing charging stations can be a competitive advantage for your business or property. Learn more about the benefits of EV charging on our website and explore the possibilities for your business or property
To view particular rebates and incentives, please select your state below :