This series of EV-related articles is brought to you by ClipperCreek powered by Enphase. ClipperCreek has been a pioneer in the EV charging market since 2006 and sold more than 110,000 Level 2 AC charging stations since its inception. You can catch our first two articles here: Buying Your First BMW EV and BMW EV Ownership: Terminology, Charging, and Battery Health.
You probably already know about the federal and state tax rebates customers get for buying electric cars. While the qualifications for those rebates have changed in recent months, they’re still available for many EVs on the market. However, tax rebates don’t end at buying the car. There are additional tax rebates for buying residential and commercial EV chargers as well. This guide from Clipper Creek breaks down the sorts of rebates that are available and how to get them.
Installing a home charger is must for any EV owner. They’re cheap enough now that, as long as you have the electrical requirements at your home or business necessary for a home charger, anyone who owns an EV can have one. The cost comes down even further, though, as every state in the U.S. offers tax rebates for EV chargers.
The rebates vary between different states, as well as between residential and commercial chargers. For instance, I live in New Jersey and if I buy a charger through the Charge Up Residential Charger Program, I’d be eligible for a $250 rebate. That doesn’t sound like much, especially when the NJ state EV rebate can be as much as $5,000. However, charging stations only cost a few hundred dollars on average. Installation costs can bump that price up quite a bit but if your home’s electric box has a 50 amp breaker already, it can be a DIY job.
Commercial customers, such as small businesses, that want to install EV chargers for their business (either for customers or employees or both) can get rebates for each charge port installed. However, there has to be a minimum of two ports installed and a maximum of ten. There are also different rebates depending on the different power companies the business uses.
