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ev_charging_stuff_for_karrie [2023/07/21 05:01] mithatev_charging_stuff_for_karrie [2023/07/21 05:11] (current) mithat
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 > The national average installation cost is between \$518 and \$1,273, according to HomeAdvisor, but could rise to thousands of dollars if you need your wiring upgraded or if you have a charger installed far from your main electrical panel. There are state and federal tax credits that can help you pay for this cost, and some utility companies will also give you a rebate. CR members can use [[https://www.consumerreports.org/cars/ev-incentive-finder/|CR’s EV Incentive Finder]] to see how much money they can save based on where they live. > The national average installation cost is between \$518 and \$1,273, according to HomeAdvisor, but could rise to thousands of dollars if you need your wiring upgraded or if you have a charger installed far from your main electrical panel. There are state and federal tax credits that can help you pay for this cost, and some utility companies will also give you a rebate. CR members can use [[https://www.consumerreports.org/cars/ev-incentive-finder/|CR’s EV Incentive Finder]] to see how much money they can save based on where they live.
  
-===== Rebates and credits =====+===== Charger installation rebates and credits =====
  
-==== Federal rebates for charger installations ====+==== Federal ====
 From https://www.forbes.com/advisor/personal-finance/ev-charger-tax-credit/: From https://www.forbes.com/advisor/personal-finance/ev-charger-tax-credit/:
  
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 > Some people may need to update their electricity panel to accommodate the new charger, which could drive up the installation costs (covered by the credit). You may also need to get a permit to install your charger—another fee that can boost the price of installation. > Some people may need to update their electricity panel to accommodate the new charger, which could drive up the installation costs (covered by the credit). You may also need to get a permit to install your charger—another fee that can boost the price of installation.
 > >
-> IRS Form 8911 may give you an idea of how much you qualify to receive as a tax credit. Just make sure you save your receipts for when you file your taxes.+[[https://www.irs.gov/pub/irs-pdf/f8911.pdf|IRS Form 8911]] may give you an idea of how much you qualify to receive as a tax credit. Just make sure you save your receipts for when you file your taxes.
  
 From https://www.kiplinger.com/taxes/605201/federal-tax-credit-for-electric-vehicle-chargers: From https://www.kiplinger.com/taxes/605201/federal-tax-credit-for-electric-vehicle-chargers:
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 > Essentially, if you install a home EV charging station, the tax credit is 30% of the cost of hardware and installation, up to \$1,000. > Essentially, if you install a home EV charging station, the tax credit is 30% of the cost of hardware and installation, up to \$1,000.
  
-==== Minnesota Electric Vehicle Rebate program ====+==== Minnesota ====
  
-From [[https://mn.gov/commerce/energy/consumer/energy-programs/ev-rebates.jsp]] +I can't find any information on Minnesota state-level rebates or creditsIt doesn't mean they don't exist though.
- +
-> USED electric vehicle with a cost of \$25,000 or less (not including taxes and fees) could qualify for up to \$600 state rebate  +
->  +
-> The State of Minnesota has limited funds to provide rebates for electric vehicles (EVs)When the program launches, completed applications will be reviewed on a first-come, first-served basis+
  
 ==== XCell Energy ==== ==== XCell Energy ====
  
-[[https://ev.xcelenergy.com/ev-accelerate-at-home-co]]their program for home EV charging. Mentions rebate for Home Wiring Rebate, but the link says nothing about it.+[[https://ev.xcelenergy.com/ev-accelerate-at-home-co|Accelerate at Home]] is their program for home EV charging. This page mentions  Home Wiring Rebate, but the link says nothing about it.
  
 [[https://ev.xcelenergy.com/incentives]]: links to federal and state incentives. [[https://ev.xcelenergy.com/incentives]]: links to federal and state incentives.
  
 [[https://ev.xcelenergy.com/used-vehicles]]: helpful (?) summary of cars and typical incentives. [[https://ev.xcelenergy.com/used-vehicles]]: helpful (?) summary of cars and typical incentives.
 +
 +===== Car rebates/credits =====
 +
 +Apparently, there are state-level EV incentives as well as federal.
 +
 +==== Minnesota Electric Vehicle Rebate program ====
 +
 +From [[https://mn.gov/commerce/energy/consumer/energy-programs/ev-rebates.jsp]]
 +
 +> USED electric vehicle with a cost of \$25,000 or less (not including taxes and fees) could qualify for up to \$600 state rebate 
 +
 +> The State of Minnesota has limited funds to provide rebates for electric vehicles (EVs). When the program launches, completed applications will be reviewed on a first-come, first-served basis. 
  
 ==== Energy.gov Drivers ==== ==== Energy.gov Drivers ====
ev_charging_stuff_for_karrie.1689915717.txt.gz · Last modified: 2023/07/21 05:01 by mithat

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