If you’re planning to purchase an EV charging station for your home or business, please note that the relevant tax credit will expire on December 31, 2016.

For residential installations, there is a tax credit of 30% (up to $1000).  For commercial installations, it is also 30% (up to $30,000)! There are considerations for multiple installations (the credit may apply to each location).

Go to this Department of Energy page for details.  Please consult with your accountant for details on the credits.

Importantly – act soon, if you are considering a charging station for your home or business.