Several utilities in Texas offer incentives to support the development of electric vehicle charging infrastructure in Texas.
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Independent level 2 and DC fast charging stations are eligible for a rebate up to $1,500 per OCPP (Open Charge Point Protocol) compliant charging station and $1,200 per charging station that does not comply with OCPP. Visit the Austin Energy website.
Qualifying businesses, including non-profits and municipalities, may be eligible to a tax credit of up to 30% when purchasing and installing electric vehicle (EV) charging infrastructure. The 30C tax credit now covers up to $100,000 per charger installed in locations that meet certain geographic requirements. Businesses must claim the credit on their federal tax return. Current 30C tax credit expires on December 31, 2032. Visit the 30C Alternative Fuel Infrastructure Tax Credit Website.
The National Electric Vehicle Infrastructure (NEVI) Formula Program allocates $5 billion in funding to states to deploy EV fast chargers along designated alternative fuel corridors nationwide. The program provides funding for up to 80% of eligible project costs. In addition to the Federal Highway Administration (FHWA) minimum standards, each state can also set its own NEVI requirements. Visit the NEVI Formula website.
FLO is a leading North American electric vehicle charging network operator and a major provider of smart charging software and equipment. FLO has worked with hundreds of organizations across various incentive funding programs, and can offer you support and expertise to determine the ideal EV charging infrastructure best suited to your needs and navigate the application process.
Benefits of choosing FLO: