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 North Carolina
- The North Carolina Department of Environmental Quality (NCDEQ) State Agency Level 2 ZEV Charging Infrastructure Program has $739,839 available for Level 2 chargers. State agencies and state managed attractions such as parks are eligible to apply. Approved projects will receive funding based on accessibility, with up to 100% of total project costs funded for publicly accessible, networked chargers. The RPF is available here. The NCDEQ will begin accepting applications via their website starting on July 3, 2023, with a closing date of September 1, 2023.
- Duke Energy North Carolina’s Homebuilder Charger Prep Credit provides credits to new construction builders to upfit your new-construction projects with the infrastructure needed to support EV chargers for future homeowners and collect an incentive for each new home.
- Duke Energy North Carolina’s Commercial Charger Prep Credit provides a one-time credit to help business customers cover the cost of preparing their site for an electric vehicle (EV) charger. Acceptable upgrades include electrical wiring and other required electrical upgrades to support Level 2 or higher EV chargers. This credit can be used for workplaces, businesses, multifamily dwellings, transit stations and schools. It does not cover the cost of permitting, EV charger installation or the EV charging equipment itself.
- The Greenville Utilities Board of Commissioners has approved a pilot program offering rebates for customers who install electric vehicle charging stations. Customers who are approved would receive a rebate up to $1,500 for installing single or dual-port charging stations on their property.