If you’re a commercial building owner considering installing electric vehicle (EV) chargers at your property, you may be concerned about the upfront cost. But did you know that there are grants, rebates, and tax credits available to help offset the cost of installation? With the help of EZ EV Electric, a full-service EV charger installation company, you can take advantage of these programs and make the transition to EV charging easier than ever.
Here are some of the programs available to commercial building owners:
Federal tax credits
The federal government offers a tax credit of up to 30% of the cost of purchasing and installing EV charging equipment, with a maximum credit of $30,000. This credit is available for both residential and commercial installations, making it an attractive option for building owners.
State and local incentives
Many states and local governments offer incentives for EV charging infrastructure, including grants and rebates for the installation of EV chargers. These programs vary by location, so it’s important to check with your local government or utility company to see what incentives are available in your area.
Some utility companies offer incentives for the installation of EV charging infrastructure as well. These incentives can include rebates, discounted rates on electricity, and even free charging stations.
There are also private programs available that offer funding for EV charging infrastructure, such as the Charge Ahead Colorado program. These programs are typically aimed at increasing access to EV charging in low-income communities, but they can also provide funding for commercial installations.
By taking advantage of these programs, commercial building owners can significantly reduce the upfront cost of installing EV chargers at their properties. And with EZ EV Electric, the process is made even easier. Our team of experts can help you navigate the application process for these programs and ensure that your installation meets all necessary requirements.
In addition to the financial benefits, installing EV chargers at your commercial property can provide a competitive advantage by attracting EV-driving customers and employees, generating potential revenue, and promoting sustainable practices.
In conclusion, if you’re a commercial building owner considering installing EV chargers at your property, don’t let the upfront cost deter you. With the help of grants, rebates, and tax credits, and EZ EV Electric’s full-service installation services, the process can be made easy and cost-effective. Contact us today to learn more about how we can help you make the transition to EV charging.