Charging Credits & Rebates
Federal Government Incentives
The federal government currently has a program offering a tax credit which covers 30% of costs for charger installation and hardware, which has a cap of $1,000 for residential and $30,000 for commercial installations. Tax credits still apply for installations completed as far back as 2017.
It’s worth noting, the US Federal Government offers up to $7,500 in tax credit for the purchase of a new EV. US Federal tax credit
Texas State Government Incentives
At the moment, the only incentives the Texas State Government offers is a rebate of $2,500 for buying or leasing qualified EV’s (Texas EV Rebate Program). Unfortunately, there are no incentives by the state of Texas offering any incentives for charging installations and hardware as of 2022. However, there are plenty of commercial and residential utility rebates that do apply.
Commercial/Residential Utility Rebates
There are currently upwards of about 30 utility companies in the US and Canada that offer various rebates for purchasing EV charging equipment and installations. Specifically for smart EV stations, which help utility companies to lower the demand on the grid. Rebates can range from $150 - $750.
For more information, please visit the site below with a comprehensive list of different incentives available for Texas residents.
Let us help you find the right incentives for you.