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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Washington state offers tax credits for up to 50% of the costs of equipment and related costs.

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Who Pays for EV Charging Stations?

EV Connect

With an increasing number of employees in need of a place to “refuel” during the workday, and news of the EV tax credit extending through 2021 , this amenity is quickly shifting from an added perk to a competitive necessity. Luke Daugherty is a freelance writer, editor and former operations manager based in St.

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3 Surprising Marketing Benefits of Electric Car Charging Stations

EV Connect

A 2020 survey by Consumer Reports showed that 71% of U.S. They’ll also take advantage of significant tax credits before they’re gone. Luke Daugherty is a freelance writer, editor and former operations manager based in St. This move helps you draw in new customers, attract the best employees and build loyalty to your brand.

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Electrify Your Fleet Faster With Incentives and Rebates

EV Connect

The plummeting costs of technology haven’t hurt either — Ceres reported that electric vehicle battery costs , alone, dropped by 80% from 2012 to 2020. Alternative Fuel Infrastructure Tax Credit The other major tax incentive applies to companies that install alternative fuel sources including electric vehicle charging stations.

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The Tailwinds Behind Massive Growth of EV Charging

EV Connect

Even as passenger car sales have stalled out , EV sales surged by 40% in 2019 and stayed consistent in 2020 despite the COVID-19 pandemic and subsequent economic turndown. In January of 2020, the European Union implemented new vehicle emission standards which mandated electric vehicles into automaker model portfolios. Already, the U.S.