Utility Program – Xcel Energy EV Accelerate At Home
Residential Level 2 Charger
Rebate Varies
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 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.
Learn more here.
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.