Incentives Are Currently Available for Your Business
- The US Department of Transportation (DOT), Federal Highway Administration (FHWA) is offering $160M for public and private entities with authority over and operating at ports to purchase and install L2 and DC fast chargers through its Reduction of Truck Emissions at Port Facilities (RTEPF) Grant Program. FHWA will provide reimbursement of up to 80% of total eligible project costs. Applications are due July 26, 2023.
- The US Department of Transportation (DOT), Federal Transit Administration (FTA) is offering $8.9M for tribes to deploy clean and zero-emission transit buses and to purchase and install L2 and DC fast chargers through its Tribal Transit Program. FTA will provide reimbursement of up to 100% of total eligible project costs. Applications are due June 26, 2023.
- The US Environmental Protection Agency (EPA) is offering $400M for school districts, charter schools, tribes, private school bus contractors, and eligible third parties to deploy clean and zero-emission school buses and to purchase and install L2 and DC fast chargers through its Clean School Bus (CSB) Grant Program. EPA will provide reimbursement of up to $195,000 – $395,000 per bus-and-charger bundle, depending on school district and bus details. Applications are due August 22, 2023.
- The National Electric Vehicle Infrastructure Formula Program allocates $5 billion in funding for EV charging infrastructure across 75,000 miles of highway across the country. Your organization must be within one mile of an established alternative fuel corridor to qualify and may need to meet other requirements as well.
- The 30C Alternative Fuel Infrastructure Tax Credit, commonly referred to as the “federal tax credit,” gives qualifying businesses a 30% tax credit, up to $100,000, for the purchase and installation of EV charging infrastructure. Businesses must have installed the stations between Jan. 1, 2023, and Dec. 31, 2032, and must claim the credit on their federal tax return. Guidance on new eligibility requirements is forthcoming, based on prevailing wages and the applicant’s location within designated census tracts.
ChargePoint is providing information on this tax credit only and is not the issuer of the tax credit. ChargePoint is not responsible for any issues that may result from your tax credit, including but not limited to: invalid tax credit submission, lengthy processing times or delays in processing or receiving your tax credit, any other issues pertaining to your tax credit.
Your Sustainability Goals Are Within Reach in Alaska
- Chugach commercial members willing to host EV charging facilities can receive a $500 credit. Members must agree to install, own, make available and pay the bill for Level 2 electric vehicle charging facilities. Chargers may be installed to serve the public, or for a specific commercial use like tenant or customer parking.
- Chugach will cost share with a limited number of commercial members willing to host workplace EV charging facilities with the primary intent to serve employee charging needs. Workplace locations must have 25 employees or more to qualify for this program. The facilities may also be used to serve customers and the public, at the applicant’s discretion. Members must agree to install, own, make available and pay the electric bill for Level 2 EV charging facilities for at least 36 months following installation. The program is open to any Small General Service or Large General Service member for installations at properties in the Chugach service territory.
- Chugach will reimburse up to $2,500 in costs for hotels in its service area that choose to install universal EV charging facilities for guests. Hosts may also choose to make the equipment available to members of the public. This program is intended to be beneficial for guests traveling by EVs while attracting business for the host hotel. In return for the financial assistance, hosts must agree to (upon request) provide Chugach feedback about the use and usefulness of the EV charging facility.
- Chugach will reimburse up to $1,500 of the installed cost of EV chargers for fleet vehicle operations. There is a limit of two reimbursements per metered location. Members will be required to prove the equipment has been installed and also share plans for ownership or lease of electric vehicles (either BEV or PHEV). This program is also available for rental car companies with a retail counter at the Ted Stevens Anchorage International Airport and the operator of the rental center at TSAIA.