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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. Some type of incentive program is available in 44 states and Washington, D.C. ,
Using the US Department of Energy’s alternativefuel locator , we can see the US has (as of this writing): 129,598 publicly available EV charging ports spread over 50,401 public charging stations. The AlternativeFuel Infrastructure Tax Credit provides eligible businesses with a tax credit up to 30% of the cost of equipment.
federal government is simplifying the transition to EVs by offering federaltax incentives. These incentives apply to the purchase of new EVs , used EVs, commercial EVs , and also include a business tax credit for the installation of charging stations. Not sure if your business qualifies for one of the federalprograms?
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