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California EV Charging Rebates
The Southern California Level 2 Incentive Project was launched earlier this year and the rebate checks have been flying out the door. California offers several EV charging incentive and rebate programs that will help you to offset the cost of a home charger installation. Combined with the IRS credit (see our earlier post) you could find that most of your costs for the purchase and installation of a Level 2 home charger will be covered. If you are a business
IRS EV Charger Tax Credit Extended
Great news for those of you that are installing a home charger. All taxpayers are eligible for a credit of 30% of the hardware and installation costs for EV chargers installed in their homes after December 31, 2021. This is a one-time, nonrefundable tax credit up to a maximum of $1,000. The section 30C tax credit–officially referred to as the Alternative Fuel Vehicle Refueling Property Credit, has been extended for ten years, and will expire on December 31, 2032. The
EV Cost vs Gas Cost. How much am I saving?
Switching from gas-powered to electric vehicles is an exciting step toward a greener world. As energy companies race to keep up with the growing demand for charging stations and affordable electric cars, customers are wondering: How much does it cost to charge an EV? The answer to this question takes some calculations, so we’ve broken down the figures so you know how to budget your charging costs each month. Electricity costs To kick things off, let’s look at what the
Do You Need a Permit to Install Your Home EV Charger
Depending on what city you live in you may be required to obtain a permit to install your EV charger. Your charger may be indoors or outdoors which may have different requirements. Inspections may also be required. So if you are a DIYer be sure to know the local laws or that your certified electrician that is doing the install is aware of this potential problem.
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