Colorado EV Rebates

Best Rebates for EV Charging in Colorado

Hey there, so you’re thinking about buying an electric vehicle (EV) in Colorado? That’s great! Not only are you making a smart choice for the environment, but you’re also eligible for some awesome rebates on EV charging.

Let’s break it down. First off, there’s the federal EV Tax Credit, which is currently up to $7,500. This can be applied to the purchase or lease of a new EV and is available until the manufacturer reaches 200,000 EV sales. So, make sure to check if your desired EV qualifies for this credit.

Colorado Alternative Fuel Vehicle

Next, there’s the Colorado Alternative Fuel Vehicle Tax Credit. This applies to the purchase or lease of a new EV and is worth up to $5,000. However, this credit is only available until December 31, 2021, so don’t wait too long to take advantage of it.

Colorado Energy Office

But wait, there’s more! The Colorado Energy Office also offers rebates for EV charging station installation. This includes up to $4,000 for residential EV charging stations and up to $30,000 for commercial EV charging stations. These rebates are available on a first-come, first-served basis and are available until funds run out. So, it’s best to act fast if you want to snag one of these rebates.

But, how do you go about applying for these rebates? Well, for the federal EV Tax Credit, it’s done through your tax return. For the Colorado Alternative Fuel Vehicle Tax Credit, it’s done through the Colorado Department of Revenue. And for the EV charging station rebates, it’s done through the Colorado Energy Office. Each program has its own application process, so make sure to read through the guidelines and gather all the necessary documentation before applying.

Overall, Colorado has some pretty sweet rebates available for EV charging and purchasing. It’s a great time to make the switch to an EV in this state, especially with all the money you can save. So, do your research and take advantage of these rebates before they’re gone!