There’s a New Tax Credit for Installing an EV Charger

Ford Level 2 J1772 Charger

Ford Level 2 J1772 Charger

C-Max Energi owners and prospective buyers could be interested in a little noticed part of the “Fiscal Cliff” legislation passed yesterday.  There is a tax credit for installing a charger in your home.  There is also a tax credit for businesses installing chargers.  This tax credit is applicable for chargers for the C-Max Energi but also other plug-in vehicles, such as the Chevrolet Volt, Nissan Leaf, and Prius Plug-in Hybrid.  The residential tax credit is 30 percent of the cost of the charger but limited to $1000.  The tax credit had expired on December 31st, 2011.  It is now available for chargers purchased through December 31st, 2013.  If you bought a charger last year, the tax credit is available for the 2012 tax year too.  The tax credit will most likely accelerate the growth of public chargers of which about 85 percent are free.  To find public chargers, use this blog: “Finding Charger Locations for the C-Max Energi.”

Many questions about charging the C-Max Energi are answered in the blog, “Common Electricity Questions for the C-Max Energi.”  To get help in buying a charger, use the blog, “Charging the Ford C-Max Energi.”

The charger tax credit is in Internal Revenue Code Section 30C.  This credit expired on December 31st, 2011 formerly.  It is extended through December 31st, 2013 in the Fiscal Cliff Bill on page 63, lines 14 through 21.  The tax credit is summarized at the U.S. Department of Energy’s Alternative Fuels Data Center as the “Alternative Fuel Infrastructure Tax Credit”.


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