24 Nov '17, 8pm

Check out Maryland’s Federal incentives: https://t.co/rYBFxRf1xK

Federal Purchase Incentive BEV and PHEV cars purchased in or after 2010 are eligible for a federal income tax credit of up to $7,500. The credit varies based on the battery used to power the vehicle, and will begin to phase out to 50% of the full credit amount once a manufacturer has reached 200,000 PHEVs and BEVs sold. Federal Charging Infrastructure Tax Credit The Fixing America’s Surface Transportation (FAST) Act reauthorized the tax credit for EV charging supply equipment until 12/31/16. If the charging station is considered personal property, the tax credit is the smaller of 30% of the station’s cost or $1k; if the charging station is considered business property, the credit is worth the smaller of 30% of the station’s cost or $30k.

Full article: https://pluginamerica.org/why-go-plug-in/state-federal-in...

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