Yes, there are federal incentives available for installing Level 2 EV chargers. The Alternative Fuel Vehicle Refueling Property Credit provides a 30% tax credit (up to $1,000 for individuals) for the cost of purchasing and installing qualifying EV charging equipment, including Level 2 chargers.
Key details:
- Eligibility: Available to individuals and businesses installing qualifying equipment for personal or commercial use.
- Scope: Covers hardware, installation labor, and essential components (e.g., wiring, permits).
- Claim process: File IRS Form 8911 with your federal tax return.
- Expiration: The credit applies to installations through December 31, 2032.
Additional savings: Many states and utilities offer rebates (e.g., Michigan provides $500–$1,000 rebates), which can be combined with the federal credit. Businesses qualify for larger federal credits (up to $100,000 per charger) if labor and construction requirements are met.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-federal-incentives-available-for-installing-level-2-chargers/
