Incentives Are Currently Available for Your Business

• The US Department of Transportation (DOT) is offering $1.5 Billion for public entities including states, local governments, tribes, and port authorities to deploy charging infrastructure and other surface transportation projects through its Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Program. DOT will provide reimbursement of up to 80% of total eligible project costs for most project types. Applications will be evaluated competitively and are due by February 28, 2024.

• The US Environmental Protection Agency (EPA) is offering $3 Billion for port authorities and state, regional, local, and tribal agencies with jurisdiction over ports, and air pollution control agencies to deploy zero-emission port equipment and to purchase and install charging infrastructure through its Clean Ports Program. EPA will provide reimbursement of up to $500 Million, up to 80-90% of total eligible project costs, depending on applicant and project details. Applications will be evaluated competitively and will be accepted between February 2024 and May 2024.

• The US Environmental Protection Agency (EPA) is offering $500M for school districts, charter schools, tribes, private school bus contractors, and eligible third parties to deploy clean and zero-emission school buses and to purchase and install L2 and DC fast chargers through its Clean School Bus (CSB) Rebate Program 2023. EPA will provide reimbursement of up to $145,000 - $345,000 per bus-and-charger bundle, depending on applicant and bus details. Awards will be made by lottery and applications are due January 31, 2024.

• The National Electric Vehicle Infrastructure Formula Program allocates $5 billion in funding for EV charging infrastructure across 75,000 miles of highway across the country. Your organization must be within one mile of an established alternative fuel corridor to qualify and may need to meet other requirements as well.

• The 30C Alternative Fuel Infrastructure Tax Credit, commonly referred to as the “federal tax credit,” gives qualifying businesses a 30% tax credit, up to $100,000, for the purchase and installation of EV charging infrastructure. Businesses must have installed the stations between Jan. 1, 2023, and Dec. 31, 2032, and must claim the credit on their federal tax return. Guidance on new eligibility requirements is forthcoming, based on prevailing wages and the applicant’s location within designated census tracts.

 

Your Sustainability Goals Are Within Reach in New York

• The EV Make-Ready Program provided by all investor owned electric utilities in New York is offering rebates to cover up to 90% of the electrical infrastructure and installation costs for customers to install commercial charging stations. This includes AC Level 2 and DC fast charging stations for use in workplace, public, multifamily, and fleet applications. Utilities are also offering an annual incentive to offset the cost of operating public DC fast charging stations. Contact ChargePoint for more information!

• Central Hudson's EV Make-Ready Program wants to help you achieve your transportation electrification goals and reduce the upfront costs of building electric vehicle (EV) charging stations. Take Advantage of over $21M Available from Central Hudson to cover Make-Ready (electrical infrastructure) costs for L2 and DCFC charging projects. Certain sites are eligible for an up to 100% incentive tier if they meet certain criteria.

• ConEdison PowerReady Electric Vehicle (EV) Charging Infrastructure Program provides business and municipal customers with installation and funding support for the installation of approved Level 2 or direct current fast charging (DCFC) stations. Certain sites are eligible for an up to 100% incentive tier if they meet certain criteria.

• ConEdison offers medium- and heavy-duty fleets incentives of up to 85% of the installation costs of direct current fast charging (DCFC) stations. Participants may receive a maximum award of $1.2 million. 

• New York State provides a tax credit of up to $5,000 for the purchase and installation of an electric vehicle charging station. The credit is targeted at commercial and workplace charging stations.

• National Grid NY's Make-Ready Program allows customers to take advantage of over $200M Available in Rebates from National Grid NY for Make-Ready costs (electrical infrastructure) for L2 and DCFC charging projects. Certain sites are eligible for an up to 100% incentive tier if they meet certain criteria.

• National Grid's Clean Transportation Program provides business customers who own DCFC stations may receive an annual incentive per connector. The full incentive is available for electric vehicle (EV) charging stations rated with power capacity of 75 kW and higher, and a 60% incentive is available for ports rated 50 kW to 74 kW. Payments are made annually from the date equipment is placed in service, through 2025. Incentives are available on a first-come, first-served basis. Additional terms and conditions apply.

• NYSERDA’s Charge Ready NY 2.0 offers incentives to public, private and not-for-profit organizations to install Level 2 EV charging stations at workplaces, multi-unit dwellings (MUD’s) or public facilities that are owned and operated by municipal or state government entities. Funds are awarded on a first-come, first-served basis and there is roughly around $10.8 Million funds remaining.

• The New York State Energy Research and Development Authority (NYSERDA) is offering $100M for school districts and private school bus contractors in NY to deploy electric school buses and to purchase and install L2 and DC fast chargers through its New York School Bus Incentive Program (NYSBIP). NYSERDA will provide reimbursement of up to $25,000 - $65,000 per Charging Voucher, depending on applicant and project type. Awards will be made on a first-come first-served basis.

• NYSEG's Make-Ready Program allows customers to take advantage of over $103M Available in Rebates from NYSEG and RGE for Make-Ready costs (electrical infrastructure) for L2 and DCFC charging projects. Certain sites are eligible for an up to 100% incentive tier if they meet certain criteria.

• PSEG Long Island’s Electric Vehicle Make Ready Program may (depending on location) cover up to 100% of eligible make-ready costs of either Utility-owned equipment including, step-down transformers, overhead service lines, utility meters, and other traditional distribution infrastructure; or Customer-owned equipment that includes conductors, trenching, panels for stations, and other customer-side equipment.

• PSEG Long Island’s DCFC Incentive Program offers customers an incentive to own and operate direct current fast charging (DCFC) stations. Award amounts are dependent on eligibility year, DCFC power rating, and the configuration of the charging equipment. Funds are awarded on a first-come, first-served basis.

 

Home EV Charging Incentives in New York

• Central Hudson Gas & Electric Time-of-use (TOU) rate offers a discounted rate for residential customers that own or lease an eligible EV. Additional terms and conditions apply. For more information, including how to enroll, see the Central Hudson Electric Vehicle TOU Rate website.

• Con Edison's SmartCharge Program allows eligible plug-in electric vehicle customers to receive $150 by joining. Participants may earn up to $800 in incentives annually by installing a connected car device provided by Con Edison that tracks driving and charging habits, and by charging during off-peak hours. For more information, including how to apply, see the SmartCharge New York website.

• ConEdison offers a Time-of-use (TOU) rate to residential customers that own or lease an eligible EV. For more information, including how to enroll, see the Electric Vehicles Rates website.

• National Grid offers a Time-of-use (TOU) rate to residential customers that own or lease eligible EVs. For more information, see the National Grid Nighttime is the Right Time to Charge Your EV website.

• Orange & Rockland Utilities (O&R) Charge Smart Program provides eligible residential customers that own or lease EVs up to $450 by participating in the Charge Smart Program.

• Orange & Rockland Utilities Time-of-use (TOU) rate offers discounts to residential customers that own or lease an eligible EV. For more information, see the O&R Electric Vehicle Rates website.

 

EV Federal Tax Credits

• A tax credit is available for the purchase of a new qualified PEVs. The minimum credit amount is $2,500, and the credit may be up to $7,500, based on each vehicle's traction battery capacity and the gross vehicle weight rating. The credit will begin to be phased out for each manufacturer in the second quarter following the calendar quarter in which a minimum of 200,000 qualified PEVs have been sold by that manufacturer for use in the United States. This tax credit applies to vehicles acquired after December 31, 2009.

• A credit is available for the purchase of a new qualified two-wheeled plug-in electric drive vehicle. The credit is for 10% of the cost of the qualified vehicle, up to $2,500. This incentive originally expired on December 31, 2017, but was retroactively extended through December 31, 2021.

• ChargePoint is providing information on this tax credit only and is not the issuer of the tax credit. ChargePoint is not responsible for any issues that may result from your tax credit, including but not limited to: invalid tax credit submission, lengthy processing times or delays in processing or receiving your tax credit, any other issues pertaining to your tax credit.

 

EV Incentives in New York

• The Municipal ZEV Clean Vehicle Rebate Program provides rebates to cities, towns, villages, and counties to purchase or lease new clean vehicles for fleet use. Applications will be accepted on a first come, first served basis until funds are exhausted. A total of $300,000 is available. No more than 50% of the total amount will be awarded to any one municipality. Applications are reviewed and rebates are awarded on a rolling basis (first come, first served) in the order they are received in the Grants Gateway until all funds are exhausted, DEC chooses to withdraw the request for applications, or October 29, 2021, whichever comes first.

• The New York State Energy Research and Development Authority (NYSERDA) offers a rebate of up to $2,000 for the purchase of new electric cars at participating car dealerships.

• HOV Lane Access: New York’s Clean Pass Program allows eligible low-emission, energy-efficient vehicles to use the 40-mile Long Island Espressway High Occupancy Vehicle (LIE/HOV) lanes, regardless of the number of occupants in the vehicle. Motorists whose estimated US EPA fuel economy rating averages at least 45 miles per gallon and meets the California Air Resources Board SULEV emissions standard will be allowed to participate by applying to the State Department of Motor Vehicles. See the Clean Pass Program website for details on how to apply and which vehicles are eligible.

• Vehicles eligible for the New York Clean Pass Program, including PEVs and hybrid electric vehicles, receive a discounted toll rate on all Port Authority of New York & New Jersey (PANYNJ) off-peak hour crossings. Vehicles must register with E-ZPass New York. Drivers of qualified vehicles may also receive a 10% discount on established E-ZPass accounts with proof of registration.