At the forefront of environmentally conscious practices, Centennial is taking significant strides to promote the adoption of electric vehicles (EVs) and redefine the landscape of urban mobility. This article explores the innovative rebates and incentives available to EV enthusiasts for EV charging as Centennial propels itself into a more electrically charged and eco-friendly era. Explore Centennial rebates for EV charging February 2024!
Utility Program – Xcel Energy EV Accelerate At Home
Residential Level 2 Charger
Capped at 100% of Project Cost
Customers can choose to either rent or buy a charger from Xcel Energy. Xcel will then install and maintain the charger. Customers are also eligible for a special off-peak charging rate. The charger must be on the program’s approved list. Included chargers are ChargePoint and Enel X.
Learn more about Centennial Rebates for EV Charging February 2024 – Utility Program here.
Federal Program – Federal EV Charger Tax Credit
EV Charger Tax Credit Residential
$1,000 per Site
Capped at 30% of Project Cost
The federal tax credit, often referred to as the 30C tax credit, covers 30% of an EV charging station, necessary equipment, and installation costs. For residential installations, the IRS caps the tax credit at $1,000. You claim the credit on your Federal tax return by completing a form 8911. The Inflation Reduction Act extended this tax credit through 12/31/2032.
Rebate and Incentives Tool
Find out how much you can save on your home EV charger installation with our free tool. Simply type in your zip code and see if you qualify for rebates and incentives in your area.
Get a FREE EV charger installation quote in Centennial, Colorado!