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And thanks to a variety of taxcredits 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 taxcredits for installing electric-vehicle charging stations. on top of the federalprogram that’s offered everywhere in the US.
Two federalprograms that would be of interest to truck stop and roadside convenience store owners are the Alternative Fuels Infrastructure TaxCredit (also known as the EV charging station taxcredit) and the National Electric Vehicle Infrastructure Formula Program (NEVI).
Meanwhile, the Airport Zero Emissions Vehicle and Infrastructure Pilot Program provides funding for purchasing zero-emission vehicles and infrastructure used in airports. The Alternative Fuel Infrastructure TaxCredit provides eligible businesses with a taxcredit up to 30% of the cost of equipment.
federal government is simplifying the transition to EVs by offering federaltax incentives. These incentives apply to the purchase of new EVs , used EVs, commercial EVs , and also include a business taxcredit for the installation of charging stations.
Bush-era tax cuts are scheduled to expire at the end of 2012, leading to interest in raising revenue through a carbon tax. This revenue could be used to either cut other taxes or to avoid cuts in Federalprograms. This contributes to the win-win-win result we expected for the nation’s economy and environment.
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