FROM OUR BLOG
FROM OUR BLOG
FROM OUR BLOG
Unlock EV Charging Tax Credits for Commercial Properties in 2025
Jan 28, 2025
As electric vehicles (EVs) continue to drive the future of transportation, the U.S. government is offering substantial tax credits to support the installation of EV charging stations. The Alternative Fuel Vehicle Refueling Property Credit (26 USC 30C) provides 30% off installation costs, up to $100,000 per property. At PlugOp, we’re making it even easier for you to take advantage of this program with our EV Readiness Calculator.
What is the Alternative Fuel Vehicle Refueling Property Credit (26 USC 30C)?
The Alternative Fuel Vehicle Refueling Property Credit is a federal incentive designed to reduce the costs of EV charger installation for businesses and property developers. This credit makes EV infrastructure more accessible and accelerates the adoption of sustainable transportation solutions.
Key Facts:
Eligibility: Available for commercial developers, including multi-family housing and mixed-use developments.
Tax Savings: Covers 30% of installation costs, up to $100,000 per property.
Included Costs: Applies to EV chargers, electrical wiring, and supporting equipment necessary for operation.
Deadline: Incentive available for qualifying projects completed by December 31, 2032.
This credit provides an opportunity for developers to save significantly while enhancing the appeal and value of their properties.
Benefits of the EV Charging Tax Credit for Developers
1. Lower Installation Costs
Installing EV charging stations can be a significant expense, but this credit reduces the up-front investment by as much as 30%. For example: A $200,000 EV charger project may qualify for the maximum $100,000 tax credit.
2. Boost Tenant and Customer Appeal
Properties with EV chargers are more attractive to eco-conscious tenants and customers, creating a competitive advantage.
3. Align with Local Regulations
Many states and municipalities now require EV-ready or EV-installed spaces for new developments. This tax credit can offset the costs of complying with such mandates.
PlugOp: Your Partner for EV Charging Solutions
At PlugOp, we’re here to help commercial developers navigate the complexities of EV charging infrastructure. From design to installation, we provide end-to-end solutions tailored to your needs.
Incentive Analysis: Identify federal and local credits and rebates applicable to your project.
EV Readiness Calculator: Quickly determine your project’s eligibility for incentives.
Turnkey EV Charging Solutions: We handle everything from planning to implementation, ensuring your project is compliant and future-ready.
Visit our Incentives Page to see if your project qualifies for the Alternative Fuel Vehicle Refueling Property Credit. Don’t miss out on this opportunity to save up to $100,000 and position your property for the EV-driven future.
If you have any questions or need help with your EV charging projects, contact our team today. Together, we’ll make EV readiness simple and affordable.
As electric vehicles (EVs) continue to drive the future of transportation, the U.S. government is offering substantial tax credits to support the installation of EV charging stations. The Alternative Fuel Vehicle Refueling Property Credit (26 USC 30C) provides 30% off installation costs, up to $100,000 per property. At PlugOp, we’re making it even easier for you to take advantage of this program with our EV Readiness Calculator.
What is the Alternative Fuel Vehicle Refueling Property Credit (26 USC 30C)?
The Alternative Fuel Vehicle Refueling Property Credit is a federal incentive designed to reduce the costs of EV charger installation for businesses and property developers. This credit makes EV infrastructure more accessible and accelerates the adoption of sustainable transportation solutions.
Key Facts:
Eligibility: Available for commercial developers, including multi-family housing and mixed-use developments.
Tax Savings: Covers 30% of installation costs, up to $100,000 per property.
Included Costs: Applies to EV chargers, electrical wiring, and supporting equipment necessary for operation.
Deadline: Incentive available for qualifying projects completed by December 31, 2032.
This credit provides an opportunity for developers to save significantly while enhancing the appeal and value of their properties.
Benefits of the EV Charging Tax Credit for Developers
1. Lower Installation Costs
Installing EV charging stations can be a significant expense, but this credit reduces the up-front investment by as much as 30%. For example: A $200,000 EV charger project may qualify for the maximum $100,000 tax credit.
2. Boost Tenant and Customer Appeal
Properties with EV chargers are more attractive to eco-conscious tenants and customers, creating a competitive advantage.
3. Align with Local Regulations
Many states and municipalities now require EV-ready or EV-installed spaces for new developments. This tax credit can offset the costs of complying with such mandates.
PlugOp: Your Partner for EV Charging Solutions
At PlugOp, we’re here to help commercial developers navigate the complexities of EV charging infrastructure. From design to installation, we provide end-to-end solutions tailored to your needs.
Incentive Analysis: Identify federal and local credits and rebates applicable to your project.
EV Readiness Calculator: Quickly determine your project’s eligibility for incentives.
Turnkey EV Charging Solutions: We handle everything from planning to implementation, ensuring your project is compliant and future-ready.
Visit our Incentives Page to see if your project qualifies for the Alternative Fuel Vehicle Refueling Property Credit. Don’t miss out on this opportunity to save up to $100,000 and position your property for the EV-driven future.
If you have any questions or need help with your EV charging projects, contact our team today. Together, we’ll make EV readiness simple and affordable.
Reach out to learn more
Reach Out to Learn More
Electric vehicle charging is new and fast paced industry. You don't have to tackle it alone. Book a meeting with one of our team members to discuss any of these items and more!
Reach out to learn more
Reach Out to Learn More
Electric vehicle charging is new and fast paced industry. You don't have to tackle it alone. Book a meeting with one of our team members to discuss any of these items and more!
Reach out to learn more
Reach Out to Learn More
Electric vehicle charging is new and fast paced industry. You don't have to tackle it alone. Book a meeting with one of our team members to discuss any of these items and more!