Hawaii EV Charging Incentives

Hawaii EV Charging Incentives

Hawaii EV Charging Incentives

Best Rebates for EV Charging in Hawaii

Here’s a little bit about EV charging rebates in Hawaii:

Electric vehicles (EVs) are becoming more popular in Hawaii, thanks to the state’s efforts to promote sustainable transportation and reduce dependence on fossil fuels. To encourage even more residents to make the switch to EVs, the state offers a variety of rebates and incentives for EV charging equipment and infrastructure.

SHEEO

One of the main rebates available in Hawaii is the State of Hawaii Energy Office (SHEEO) Electric Vehicle Charging Station Rebate. This program offers rebates of up to 50% (or $4,000) for the installation of Level 2 (240-volt) EV charging stations at workplaces, multifamily dwellings, and public locations. The rebate is available for both new and existing stations, as long as they are open to the public and located in Hawaii.

PUC

In addition to the SHEEO rebate, the Hawaii Public Utilities Commission (PUC) also offers rebates for EV charging stations through the Hawaii Electric Companies (HECO). These rebates vary depending on the location and type of charging station, but can be as much as $10,000 for a Level 2 station and $50,000 for a DC fast charging station. The PUC rebates are available for both residential and commercial customers, and are intended to help offset the cost of purchasing and installing EV charging equipment.

As part of Hawaii’s commitment to achieving 100% renewable energy by 2045, electric companies currently provide at least one fast charging station per electric utility district. With that said, the rebates available can be a great way for individual businesses and communities to get their own charging stations.

Federal Tax Credit

Another incentive to consider is the Federal Tax Credit for EV Charging Equipment. This credit, which was recently extended through the end of 2021, allows individuals and businesses to claim a tax credit of 30% of the cost of purchasing and installing EV charging equipment.

In Conclusion

If you’re considering purchasing an EV and you’re looking for a way to offset the cost, be sure to check out these rebates and incentives. With the variety of options available, there’s a good chance you’ll be able to find a rebate or credit that can help you save some money on your EV charging equipment.

I hope this information helps you understand the various options available in Hawaii for EV charging rebates. If you have more questions or need more information, don’t hesitate to reach out. Remember, the state and local government are actively encouraging the transition to electric vehicles, and there are a lot of resources available to help make that happen.