The Duke Energy Commercial Charger Prep Credit program encourages the adoption of electric vehicles (EVs) by offering businesses credits of up to $30,347 to prepare EV charging infrastructure within Duke Energy\u2019s service areas. This overview will walk you through the details of the credit and explain how partnering with an experienced EV charging solutions provider can help businesses fully capitalize on this program while optimizing their investment in charging infrastructure.<\/p>\n
The Duke Energy Commercial Charger Prep Credit program<\/a><\/span>\u00a0provides a one-time credit to help business customers cover the costs of preparing their sites for EV chargers. Its goal is to increase the number of EV charging stations across Duke Energy\u2019s service areas, focusing on key locations like workplaces, multifamily dwellings, transit stations, and schools.<\/p>\n What costs does the Duke Energy Charger Prep Credit include?<\/b><\/p>\n Costs eligible for credits through the program include:<\/span><\/p>\n It’s important to note that the credit does not cover the cost of:<\/span><\/p>\n What are the rebate amounts?<\/b><\/p>\n The program provides credits of varying amounts based on several factors:<\/span><\/p>\n Credit amounts can range from $725 for workplace Level 2 chargers up to $30,347 for transit bus DC Fast Chargers.<\/strong><\/p>\n To be eligible for the program, applicants must:<\/span><\/p>\n Installment site requirements<\/b><\/p>\n To be eligible for the program, the charger installation site must be:<\/span><\/p>\n Equipment requirements<\/b><\/p>\n While the program doesn’t cover the cost of the charging equipment itself, it’s designed to support the installation of:<\/span><\/p>\n The Alternative Fuel Vehicle Refueling Property Tax Credit, also known as the \u201c30C\u201d tax credit or EV charging tax credit, is an additional incentive that has been around for quite a few years and is one of the primary federal incentives to help offset the cost of installing EV charging stations. Eligible projects can receive up to $100,000 per item of property or 30% of the cost of the project.<\/p>\n How SWTCH helps:<\/b><\/p>\n To see if you\u2019re eligible and to learn more about the process, read our <\/span>blog to ensure you get the tax credit<\/span><\/a>.\u00a0<\/span><\/p>\n Payment Options: SWTCH CaaS (Charging as a Service)<\/b><\/p>\n To reduce upfront costs, SWTCH offers Charging as a Service, a monthly payment plan which bundles the cost of installation, the cost of the EV charger, the monthly service fee, and our O&M service plan, SWTCH Care into one simple fee, shifting the cost from a capital expense to an operating expense.\u00a0<\/span><\/p>\n When is the deadline to apply?<\/b><\/p>\n Applications must be submitted within 120 days of the final invoice date or approved permit date, whichever is later.<\/span><\/p>\n How do I apply?<\/b><\/p>\n SWTCH can guide you through the rebate application process, ensuring your submission meets the high standards required for success. Connect with us today to get started!<\/b><\/a><\/p>\n As a leader in EV charging solutions for multi-residential and commercial properties across North America, SWTCH leverages cutting-edge technology to help building owners and operators deploy optimized, multi-vehicle charging systems. Our solutions make use of existing grid infrastructure, providing a cost-effective charging system that meets the needs of your EV drivers today and scales effortlessly to accommodate future demand.<\/p>\n To learn more about how SWTCH can support your EV charging needs, explore our multifamily, <\/span><\/a>workplace,<\/span><\/a> and <\/span>retail\/public<\/span><\/a> EV charging solutions.<\/p>\n Partnering with SWTCH ensures your business can navigate EV charging incentives, tax credits, and financing options with ease. Our comprehensive solutions help you maximize benefits while providing a reliable and scalable EV charging infrastructure.<\/p>\n\n
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Who is eligible?<\/b><\/h3>\n
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30C Federal Tax Credit<\/b><\/h2>\n
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Getting Started with SWTCH<\/b><\/h3>\n
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