Tax Credit for EV Chargers
Last month we wrote about tax credits for energy efficiency and geothermal and we’ve talked a lot about the available – and phasing out – tax credits for solar.
Did you know that there are tax credits for electric vehicle chargers too? You can get up to 30% of the cost of your charger, including installation costs, capped at $1,000. This tax credit is retroactive so if you installed an EV charger after Jan 1, 2017 you can claim it as well.
More info from Plug In America here.
This can be paired with rebates available from your electric utility.
Alliant Energy which has a rebate of up to $500 for a networked EV Charger. Find out more.
MiEnergy Coop has a rebate of $400 for EV chargers and has a special reduced rate for EV charging off-hours. Find out more.