This is a general business tax credit for companies that install Level 2 and DC fast chargers. The credit can offset up to 30% of total EVSE costs including installation, up to $100,000 per charger. Permitting and inspection are not eligible costs.

Alternative Fuel Vehicle Refueling Property Credits are only available in areas where the poverty rate is 20% or where the median family income is 80% or less than the statewide median family income.

Tax credits can be applied after other EV rebates and incentives to remaining cost not covered. Selling charging equipment to non-profits, government organizations, or foreign entities does not prevent resellers from claiming this credit. 

The original $7,500 Clean Vehicle Credit has been extended 10 years with a few convenient revisions:

• If the vehicle’s battery is assembled in North America you receive first $3,750 credit
• If the vehicle’s battery is constructed with minerals extracted in the US or a US free-trade country, or recycled in North America you receive the second $3,750 credit
• Income limits are $150,000 per individual and $300,000 per household
• Credits are applied at dealership during purchase
• “Number-of-vehicles” cap which was previously 200,000 is now eliminated.

The used EV tax credit is new and is for people who purchase pre-owned electric vehicles. This tax credit is wort $4,000 or 30% of the vehicle sale price – whichever is lower.

• Credit applied at dealership during purchase
• $75,000-per-year income limit for individuals
• $150,000-per-year income limit per household
• EV must weight under 14,000 pounds and be worth less than $25,000
• EV must be at least 2 years old at time of purchase.