In the burgeoning landscape of electric vehicles (EVs), having an EV charging station at your business is no longer just a perk—it's a competitive edge. For businesses poised to make a sustainable impact and cater to the growing demographic of EV drivers, understanding the financial incentives and grants available is crucial.
What if you could capture all the upside of installing an electric vehicle charging station, and reduce the financial burden? Let's check out how:
Grants and Credits at Your Disposal
With the EV market accelerating, government entities are stepping up, providing financial incentives to facilitate a greener transition. Here's a snapshot of the opportunities:
National Electric Vehicle Infrastructure (NEVI) Formula Program: Commanding a $5 billion investment, this program is a powerful resource for businesses to tap into for establishing EV charging stations along key corridors.
Charging and Fueling Infrastructure Discretionary Grant Program: Boasting $2.5 billion in funds, it's designed to extend the reach of EV charging infrastructure to various applicants, from municipalities to Tribal governments.
HUD Grant Programs: The Department of Housing and Urban Development’s grants, like CDBG, offer a gateway to introduce EV charging facilities in communities that need them most.
IRS Tax Credits: The IRS is incentivizing businesses with tax credits such as the Business Energy Investment Tax Credit (ITC), which can cover 30% of the installation costs.
Tailored Services by Noch Power
We don’t just install chargers; we unlock potential and remove the headache out of the process. Here’s how we turn your vision into volts. Our experts will pinpoint the feasibility of your EV charging installation, scout the installation site profit estimates using proprietary software, and even guide you to draft documentation for grants and credits from these programs listed above. If you're looking for end-to-end service from AC or DC electric vehicle charging stations, data-driven profitability estimates, white-glove installation, and service packages for maintenance, Noch Power is your ideal partner.
Why Businesses Choose Noch Power
For starters, our products are Made in the USA in California so you can proudly support local manufacturing. We understand that your business needs are unique. That's why our focused approach is tailored to the commercial sector, addressing your specific concerns and ambitions with end-to-end hassle-free service.
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