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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 Colorado

  • Black Hills Energy in Colorado offers the commercial EV charging rebate. Your business can receive up to $2,000 per port for Level 2 stations, and Government and Non-Profit sites may be able to receive up to $3,000 per port.  
  • The Colorado Energy Office (CEO) is offering $3M for public and private fleets in Colorado to purchase and install Level 2 and DC fast chargers through its Fleet-ZERO Grant Program. CEO will provide reimbursements of up to 80-90% of eligible project costs, up to $6000 per Level 2 charger or up to $70,000 per DCFC, depending on charger power level, number of ports, and applicant status. Application due date is June 30, 2023
  • Colorado Springs Utilities Custom Energy Rebate Program provides rebates to commercial customers to help offset hardware and installation costs of an EV charger as part of our custom energy rebate program. Rebates for Level 2 charging port installed for workplace, opportunity or fleet charging up to $1,200 per port, Level 2 charging port installed for multi-unit dwelling residential charging up to $1,600 per port, and rebates for Direct Current Fast Charger (DCFC), also referred to as a Level 3 charger up to $12,000 per active port are available while funding lasts. 
  • The Charge Ahead Colorado program provides financial support for electric vehicles (EV) charging stations to fund 80% of the cost of a charging station. Up to $9,000 for a Level 2 Dual Port Station. Up to $50,000 for a Level 3 Multiple Connection Standard Station. Charge Ahead Colorado typically has three application rounds per year in January, May, and October.
  • Holy Cross Energy commercial customers can receive a ChargePoint CT4000 charger at a discounted price.  Through Holy Cross Energy’s Charge at Work program, commercial customers hire an electrician of their choice to install the charger.  The cost of the installation can be paid directly to the electrician or can be spread out over 3 years on your Holy Cross Energy bill.  
  • Poudre Valley REA (PVREA) offers a rebate for public charging stations of 50% of the cost of the equipment or $500, whichever is lesser.  They also offer a rebate of 50% of the cost of installation, or $500, whichever is lesser. The charger must have the ability to record session data and must be available to PVREA upon request.
  • Xcel Energy EV Fleet operators may be able to save money through EV Critical Peak Pricing if they can primarily charge their vehicles between 9pm and Noon and avoid critical peak events.
  • Xcel Energy Colorado is offering commercial, municipal, and community-focused properties that install L2 and DCFC EV charging stations rebates ranging from $800 – $45,000 to help offset the cost to purchase and install stations. All sites can receive Xcel-owned EVSE install/maintenance at no cost, lower cost/off-peak pricing and reduced energy charges from Xcel.
  • Xcel Energy Colorado is offering an Electric School Bus Rebate, school districts can earn a rebate to offset the costs for procuring qualifying electric school buses, and costs to install the EV infrastructure for charging the school bus fleet. To learn how you can earn up to $275,000 to offset the costs for your approved school bus electrification project, email us at ElectricVehicles@xcelenergy.com