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 Massachusetts
- The Massachusetts Electric Vehicle Incentive Program (MassEVIP) dedicates $14,000,000 of funding from the Climate Mitigation Trust (CMT) to reduce the cost of purchasing and installing Level 2 EV charging stations. MassEVIP CMT funding is divided between three Charging Programs: $10M for Public Access (PAC), $3M for Workplace & Fleet (WPF), and $1M for Multi-Unit Dwelling & Educational Campus (MUDC). The Public Access Charging Program provides 100% of eligible costs at government owned locations and 80% of eligible costs at non-government owned locations. The WPF and MUDC Programs provide 60% of eligible costs for purchasing and installing EV charging stations. Grant applications for all three Programs are submitted online and will be awarded on a first come, first served basis until funds are exhausted.
- The Clean Energy Center (MassCEC) is developing an electric school bus funding program, ACT School Bus. The program will offer electrification planning services to school districts and deploy electric school buses as demonstration projects across major fleet operational models. MassCEC is seeking stakeholder input on the program; see the Notice of Intent for details.
- Eversource Massachusetts is offering free make-ready (infrastructure required to install) for nearly 4,000 Level 2 ports at about 450 charging sites and about 70 DC fast charging ports at about 35 charging sites at commercial or multifamily properties. Eversource will also cover the cost of the charging equipment via a rebate for qualifying participants in environmental justice communities.
- National Grid in Massachusetts (Massachusetts Electric Co.) is offering substantial financial rebates to cover the cost of the make-ready (electrical infrastructure required to install a charging station) as well as a portion of the charging station cost itself. Program is targeting the deployment of 1,200 Level 2 ports and 80 DC fast charging stations at about 140 commercial properties. National Grid will also cover the entire cost of the charging station via a rebate for qualifying participants in environmental justice communities.