Incentives & Rebates

There are numerous incentives and rebates currently being offered for EV charging stations as well as EV's.  Schedule a call and we'll help you navigate them!

 

National Electric Vehicle Infrastructure (NEVI)

The Infrastructure Investment and Jobs Act, enacted by Congress in November 2021, provides transportation electrification funding for states to distribute through the National Electric Vehicle Infrastructure (NEVI) program. The NEVI program is focused on improving major transportation corridors through the U.S., with states required to develop Alternative Fuel Corridors on interstate highways. All 50 states are now approved.

September 13, 2023:  Notice of Funding Opportunity, up to $100M in first round (read more below)

Applications Due by November 13, 2023 at 11:59 EST via www.grants.gov

The BIL set aside 10 percent of the NEVI Formula Program for the Secretary of Transportation “to make grants to States and localities that require additional assistance to strategically deploy electric vehicle charging infrastructure.” The first round of funding made available in this set-aside from the NEVI program will be for the Electric Vehicle Charger Reliability and Accessibility Accelerator to focus on repairing or replacing broken or non-operational EV chargers to improve the reliability of existing EV charging infrastructure. This first round of funding will provide a targeted and cost-effective mechanism to rapidly increase the number of available chargers in parallel to larger-scale deployments funded by the NEVI Formula Program, the Charging and Fueling Infrastructure Discretionary Grant Program, and other State, local, and private investments. The total amount of the set-aside over the life of BIL is $470 million. However, based on the expected need to repair or replace broken or non-operational chargers, this NOFO is making available up to approximately $100 million. Broken and non-operational chargers will be limited to those listed in the Alternative Fuels Station Locator, which is maintained by the National Renewable Energy Laboratory (NREL) through its Alternative Fuels Data Center (AFDC).

5BILLION-SVG-IMAGE-whiteNational Electric Vehicle Infrastructure (NEVI) Program

1.25BILLION-SVG-IMAGE-whiteRural and Disadvantaged Communities Grants Program

1.25B-SVG-IMAGE-WhiteHighway Corridor Grant Program

Joint Office BIL

The BIL established the “Joint Office” between the US Department of Transportation (USDOT) and the US Department of Energy (USDOE) to help provide technical guidance and assistance to state and local governments who will implement EV charging programs. 


NovaCHARGE’s EV chargers comply with the technical requirements of the USDOT and USDOE.

The U.S. Department of Transportation’s (DOT) Federal Highway Administration (FHWA) NEVI Formula Program will provide funding to states to strategically deploy electric vehicle (EV)
charging stations and to establish an interconnected network to facilitate data collection, access, and reliability.

All 50 states are now approved for the NEVI Program.  To learn more about each state’s plans, go here.

Funding is available for up to 80% of eligible project costs, including: 

The acquisition, installation, and network connection of EV charging stations to facilitate data collection, access, and reliability;

Proper operation and maintenance of EV charging stations; and,
Long-term EV charging station data sharing.

30C/8911 Alternative Fuel Infrastructure Tax Credit for businesses

From January 1, 2023 until December 31, 2032, your business may be eligible to receive a 30% tax credit up to $100,000 under the 30C Alternative Fuel Infrastructure Tax Credit. Commonly referred to as the "federal tax credit", the credit now requires applicants to be located in designated census tracts (guidance and maps forthcoming from the IRS) and follow prevailing wage standards.

What's covered?  The tax credit applies to out-of-pocket costs for infrastructure (think EV charging stations), make ready and installation (which can often exceed hardware costs), but doesn’t apply to expenses such as permitting and inspection fees, or networking costs.  The good news is that businesses that install stations at multiple sites may apply the credit to each location.

Further Information can be found here:

 

Other Incentives

Additional credits, rebates, and incentives
may be available, depending on where you live.

The Alternative Fuels Data Center website is constantly updated with the most current offers, including state, county, and city-level incentives and those from private organizations and public utilities.
Federal Tax Credit

Purchasers of an all-electric or plug-in hybrid vehicle may be eligible to receive a federal tax credit of up to $7,500.

New updates to the Clean Vehicle Tax Credit will remove the automaker sales cap that disqualified Tesla and General Motors vehicles, require final vehicle assembly in North America, limit recipients by income, and introduce a new tax credit for used vehicles.

The actual amount you’ll receive depends on the specific vehicle, make, battery size, and automaker sales numbers. See the exact amount credited for specific models.

red car using a novaCHARGE charging station

Download Our NEVI and Other Incentives Guide