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.
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 program is designed to support Utah businesses, communities, and multi-unit properties install EV charging stations. Rocky Mountain Power’s non-residential customers can apply for rebates of up to $1,000 per Level 2 charging station (up to 75% of total charger cost), and up to $30,000 per DC fast charger (up to 75% of total charger and installation costs). Learn more about Rocky Mountain Power EV charging incentives.
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.