After many months of consistent work with Congress, Plug In America is extremely gratified that two major plug-in tax credits which expired at the end of 2011 were extended as part of the final “fiscal cliff” legislation just signed by President Obama. The bill passed last night (January 1st) extended the EV infrastructure tax credit and 2-3 wheeled credit until the end of 2013. In the case of the infrastructure tax credit, it remains at 30%; for the 2-3 credit it is still 10% but applies to 2-3 wheeled vehicles which have greater than 4 kwh and can go more than 45 mph. These apply for all vehicles or EVSEs purchased in 2012 as well.
As 2013 starts, we want to thank you for all of your support – your voices were heard by Congress and made a difference in getting the incentives extended.
The website here indicates that Ohio offers an 80% funding incentive for the purchase and installation of a charging station, but so far, I’ve been unable to locate any information on the web about this. I just purchased a 2013 Volt, and I’d really like to install a Level 2 charger in my garage. Any help would be appreciated.
Hello,
Do you know if there is any progress whatsoever so far as reinstating the federal tax-credit for conversions? I am very interested in converting a car to a plug-in, so I would appreciate any feedback you can give me.
Thanks.
Hi,
Does the fiscal cliff deal have any impact on the $7500 EV tax credit?
Thanks.
No – the $7,500 credit is still in place. We’ll be working hard this year to expand it and allow for point-of-purchase rebates instead of delayed tax credits. We anticipate that the credit is safe for the next few years, however it will come up in any discussion of tax reform so stay tuned.
-Jay
There are not a lot of details here. Do you have a link to the bill? Or a story with more info. Here are a few things I would like to know:
How do you apply for the incentive?
30% up to what limit?
Does my bag of plug adapters count as “infrastructure”?
Does the portable EVSE that came with my car count?
If so, what is the “price”?
Is there any incentive for the electric “fuel” I purchased?
If so, does this apply differently to home charging than public charging?
Thanks.
http://www.law.cornell.edu/uscode/text/26/30C