New Tax Credit now available!
Included in the omnibus bill that Congress passed and the President signed on Friday December 18, 2015 was a 30% Federal tax credit for installing EV charging equipment good through the end of 2016. The tax credit for EV charging equipment is officially called the Alternative Refueling Tax Credit (IRS Section 30(C)). For Consumers, this allows for a 30% tax credit up to a total of $1,000 on EV charging equipment, including installation. The IRS will provide new forms for this tax credit in early 2016. Please check with your tax accountant to verify that you qualify.
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