Examining Utility EV Charger Rebates

by | Feb 28, 2023 | EV Charger Incentives | 0 comments

 

Utility EV charger incentives are becoming more common across the United States and Canada. Combing these incentives with EV charger rebates being offered at state and local levels is helping to drive the transition to electric vehicles.

The benefits of incentivizing electric vehicles for utilities include selling more electrons to charge, which increases their bottom line.

Increasing electron sales can create a potential issue for utilities. The facilities may not generate enough power to handle the load increase on the grid. With this being said, utilities are working to resolve and prevent the issue.

This article takes a look at utility EV charger rebates.

Finding Utility EV Charger Rebates in Your Area

The EV Utility Incentives by Customer Class map shows which states have at least one utility offering either residential or commercial rebates for electric vehicles.

EV Utility Incentives by Customer Class

EV Utility Incentives by Customer Class_No Text

Light green is residential, medium green shade is non-residential, and dark green includes residential and non-residential. Data pulled from www.encentivenergy.com – February 18, 2023

The EV Charger Utility Incentives By Customer Class map shows the states where at least one utility is offering rebates. These rebates are for purchasing and installing EV charging stations at residential and commercial locations.

EV Charger Utility Incentives by Customer Class

EV Charger Utility Incentives by Customer Class

Light green is residential, medium green shade is non-residential, and dark green includes residential and non-residential. Data pulled from www.encentivenergy.com – February 18, 2023

EV Charger Rebates – Read the Fine Print

Utility EV charger rebate programs typically have several requirements. Missing one can invalidate the rebate. Here are some of the common requirements.

  • Pre-approval: Some programs require filing paperwork before purchase of equipment
  • Approved product lists: Some programs have developed listed of approved products from manufacturers
  • Minimums: Utility may require a minimum number of chargers to be installed to qualify
  • Building type: Utilities may limit or vary incentives by building type
  • Purchase / lease / new / used: Utilities may incentivize some or all types of electric vehicles
  • Required enrollment: Program may require enrollment in demand response or other programs for a set period of time in order to receive an incentive
  • Data sharing: Some programs require data to be shared with utility for a set period of time in order to receive an incentive

When considering an EV charger project, it is a good idea to review All of your incentive and rebate options. We have a 2 part series on the available federal, state, and local incentives. You can start by reading, 2023 Federal EV Charging Infrastructure Rebates – Part 1.

The Future of Utilities and EV Charging

Technology is continuing to advance, and it will play a key role in utilities EV incentive programs. As battery life, vehicle range, and faster charging stations will help utilities design comparable incentives.

As demand on the electric grid grows due to the increasing number of EV charging stations, utilities need to respond with additional EV charger rebates. Utilities need to decide if they are offering rebates until all fossil fuel vehicles are off the road or start phasing the incentives out over time.

Contact us to learn more about Utility EV incentives and rebates in your area and how you can apply for the various programs.

To speak with one of our EV charger incentive specialists, call 480-653-8180, email [email protected], or schedule a call that fits your needs by clicking the button below.

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