30C Tax Credit
The federal Alternative Fuel Vehicle Refueling Property Credit (IRC §30C) providing 30% of the cost of installing EV charging equipment at a residence, up to $1,000.
Why It Matters
If you're installing a Level 2 EV charger at home, the 30C credit covers 30% of equipment and installation costs. This reduces the effective cost of a $1,200 installation to $840.
Related Topics
Related Terms
25C Tax Credit
The federal Energy Efficient Home Improvement Credit (IRC §25C) providing 30% of the cost of qualifying energy efficiency upgrades: heat pumps ($2,000), insulation ($1,200), HPWH ($2,000), and more.
Federal Tax Credit (ITC)
Investment Tax Credit allowing homeowners to deduct a percentage of solar installation costs from federal taxes. Currently 30% through 2032.
EV Charger (EVSE)
Electric Vehicle Supply Equipment — a device that safely delivers electricity to charge an EV battery. Level 2 (240V) chargers are most common for home use, adding 25-30 miles of range per hour.