Jump on This Federal Infrastructure Rebate!

Thinking of getting a charging station installed at your residence or business? Congress recently expanded on the federal rebate for charging infrastructure! This tax credit is good for up to 30% of the cost of purchasing and installing the charging station, limited at $1,000 for residential properties and $30,000 for commercial. This will help drivers adapt their homes to electric vehicle life more easily and allows businesses to appeal to EV drivers! With EVs becoming more popular, this tax incentive will help businesses stand out from competitors and prepare for a future where electric cars dominate the roads. Even more good news, the credit can be applied retroactively for purchases made in 2018 and 2019. This can also be paired with the federal tax credit of up to $7,500 for purchasing an electric vehicle. With all of the incentives out there, now is the time to switch over to electric transportation! However, this infrastructure credit is set to expire on December 31, 2020, so if you were waiting on a sign, this is it! To learn more, check out this article about the infrastructure credit!