Iowa EV Charger Incentives

Best Rebates for EV Charging in Iowa

Electric vehicles (EVs) are becoming more and more popular in Iowa, and with that comes the need for reliable and convenient charging stations. The good news is that there are a number of rebates and incentives available for both businesses and individuals looking to install EV charging stations in the state.

EVSE

One of the best rebates currently available is the Iowa Power Fund’s Electric Vehicle Supply Equipment (EVSE) Rebate Program. This program provides rebates of up to 50% of the cost of purchasing and installing new Level 2 EV charging stations, with a maximum rebate of $5,000 per station. This rebate is available to businesses, government entities, and non-profit organizations. The rebate can also cover the cost of upgrading existing Level 1 charging stations to Level 2.

Another great rebate program is the Iowa Energy Center’s Electric Vehicle Supply Equipment (EVSE) Rebate. This program is similar to the Iowa Power Fund’s program, but it is available to individuals as well as businesses, governments and non-profit organizations. The rebates are up to 50% of the cost of purchasing and installing new Level 2 EV charging stations, with a maximum rebate of $1,000 per station.

IEDA

There are also rebates available for businesses who want to install EV charging stations for employees and customers. The Iowa Economic Development Authority (IEDA) offers a rebate of up to $5,000 for businesses who install EV charging stations at their workplace. This rebate is available to any business that is located in Iowa, regardless of whether they are a small business or a large corporation.

Federal Tax Credit

Another option is the Federal Tax Credit for Electric Vehicle Charging Property. This federal tax credit is available to businesses and individuals who install EV charging stations at their workplace or residence. The tax credit is equal to 30% of the cost of the charging station, including labor and installation, up to $30,000 per station.

Department of Energy Grant

If you’re a city or county government, school, or other non-profit organizations, and you’re looking to install an EV Charging station, the Department of Energy Grant may also be a good option. It funds up to 80% of the cost of EV charging station installation, as well as associated costs such as site preparation and electrical upgrades.

All of these rebates and incentives are great ways to help offset the cost of installing EV charging stations in Iowa. With the increasing number of EVs on the road, it’s important for businesses and individuals to have access to convenient and reliable charging stations. These rebates make it more affordable for businesses and individuals to install charging stations and help promote the use of EVs in the state.

Keep in mind that these rebates and incentives are subject to change and might not be available forever, so you should check the current status and the requirements of each program before applying. Also, it’s always a good idea to consult a professional electrician to ensure the charging station you’re installing is up to code and safe to use.