More electric vehicles are on the streets today, and more are coming. Public and private rebate programs are available near you for Level 2 home charger purchases and installation. A Level 2 EV charger for your home is a convenient way to make sure your all-electric vehicle or plug-in hybrid has the range for all levels of travel at any time. Below is a simple guide TurnOnGreen has created to inform you about great rebate opportunities so that you can keep your Level 2 charger purchase as affordable as possible.
Since no two installations are the same, it is important to be prepared and do research. It is recommended that you take pictures of your charger and the installation process. Keep copies of all your paperwork just in case you need it for rebate approval.
Common Documentation Requirements
Most home charger rebate organizers require you to submit the following:
1. Purchase receipts
2. Installed charger photographs
3. Installation receipts
4. Copies of local permits (if required)
5. DMV registration, car purchase documents, or lease documents
When to Apply
Apply for rebate programs as soon as possible. The more you know about your local rebate programs the quicker you can be prepared. Have as much documentation prepared before your purchase. Once your purchase has been made, and your Level 2 charger has been installed, submit your application as funding is limited to a certain number of applicants.
Reasons to Charge at Home
While charger availability will grow outside of your home, there is no greater comfort than charging overnight as you sleep. More importantly, charging from home is often more affordable as you have the ability to schedule charging when energy rates are lowest.
Level 2 Chargers
Level 1 chargers are provided with the purchase of most electric vehicles. A Level 1 charger plugs into any electrical outlet and can take days to fully charge your vehicle. A Level 2 charger, like the TurnOnGreen EV700, is ideal for home charging as it can fully charge any EV model overnight. Best of all, the TOG EV700 is eligible for Federal tax rebates, making Level 2 charging even more affordable. If you don’t know the differences between different charging levels, learn about different EV charging options here.
Why Rebate the EV Driver?
Rebate programs offered by cities, states, and other governing bodies as a way to encourage EV adoption, meet reduced emission goals and support the development of EV charging infrastructures. Power companies in some areas offer rebates for EV owners who charge at off-peak hours to ease tension on the electrical grid. Check with your local utility, because they may require a special sub-meter dedicated to the EV charger to be rebate eligible.
What is Rebate Eligible?
Rebates for the purchase of the residential chargers are available for the machine itself and often for the cost associated with installation. Normally rebates cover only Level 2 EV chargers capable of adding 25 miles of range per hour as well as the installation of the necessary circuitry to your home (240 volts). Chargers that require equipment to be installed by an electrician often qualify for rebates.
In some areas, power companies offer utility credits for drivers who use “smart chargers” like the TOG EV700 that allow for charge scheduling.
As U.S. federal tax credit is also available for 30% of EV charger installation costs for businesses and up to $1,000 for individuals. A form is required to be submitted with your taxes to receive this credit. The credit window is always shifting so check with your accountant or online before filing your taxes.
How Much Money Can I Get Back?
Rebate amounts vary by region. Depending on the rebate program, you may be reimbursed a flat amount regardless of the charger or cost of installation. Rebates range from $75 to as high as $2,500. Some rebates cover only a percentage of your total costs and are cut off at a certain fixed amount. It is important to note that installation costs vary depending on individual home setups and regions.
Requirement for Condos and Apartments
Apartments and condos are often more complex and more expensive for approval and installation. Informing your property manager or HOA about EV charging incentives will make it easier for them to provide charging options. Having your property manager contact TurnOnGreen is the easiest way to have equipment installed at your apartment or condo!