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US Senators Chuck Grassley (R-Iowa) and Kent Conrad (D-NorthDakota) introduced a bill—the Domestic Energy Promotion Act of 2011— that would extend, through 2016, at descending levels, the volumetric ethanol excise tax credit, or VEETC, which is also known as the blenders’ credit.
EV share in California, today's EV leader, will hit 94 percent, while NorthDakota, which has the lowest EV adoption rate today, will reach 19 percent, J.D. Charging infrastructure in California drastically eclipses infrastructure in NorthDakota. 1, according to the Department of Energy's AlternativeFuels Data Center.
And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. Washington state offers tax credits for up to 50% of the costs of equipment and related costs.
EV drivers can enjoy tax credits and lower maintenance costs. Idaho and NorthDakota customers paid as little as 10.24¢/kWh and Hawaii customers paid as much as 43.18 ¢/kWh. In a state like NorthDakota, electricity can be under 10 cents/kWh while in Connecticut, it may cost over 33 cents/kWh.
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