Electric vehicles (EVs) are not just the future; they are the now. With robust incentives designed to bolster the EV charging infrastructure, Washington is making it easier than ever to embrace the electric revolution. Let’s delve into the exciting initiatives powering this electrifying transformation.
1. Avista’s Charge into Savings
Avista, the energy company known for lighting up homes and businesses, is now igniting the EV charging landscape for business customers. For entrepreneurs looking to electrify their establishments, Avista offers a remarkable reimbursement program. You can claim up to a staggering 50% of wiring costs, along with a generous grant of up to $2,000 for installing a charging port right at your business premises. It’s a win-win, making your business more sustainable while cutting costs. And the best part? There’s no rush; the deadline for this opportunity remains open-ended.
2. Snohomish County PUD
Snohomish County Public Utility District (PUD) is putting its energy behind commercial customers within its service territory. Business owners within Snohomish PUD’s service territory can tap into enticing rebates. For new construction facilities mandated by Washington state code to install EV infrastructure in 5% of parking spaces, there’s a generous $500 rebate per port waiting. Existing facilities embarking on infrastructure construction can also benefit, with a substantial $1,000 rebate per port. With no application deadline, it’s your cue to electrify your business space.
3. Washington State Department of Revenue: Tax Breaks with a Spark
The Washington State Department of Revenue provides a tax exemption on installation costs of EV charging stations. If you’ve installed an electric vehicle charging station on or after July 28, 2019, you’re in luck. You can enjoy a tax exemption on the installation cost. A use tax exemption is also available for installation costs commencing on or after August 1, 2019.. These tax incentives are open to all, with no set deadlines.
4. Seattle City Light
Seattle City Ligh, the city’s electric utility company, is firing on all cylinders to power up fleets and multi-family properties. Fleet managers, in particular, have the green light to substantial rebates. On-road vehicle rebates of up to $4,000 per port for Level 2 and a whopping $50,000 for DC Fast Charging (DCFC) are up for grabs. For fleets within environmental justice communities, Seattle City Light offers Make-Ready Infrastructure Incentives. These incentives cater to behind-the-meter and to-the-meter utility-owned make-ready infrastructure, further incentivizing fleets to go electric. Don’t fret about deadlines; this opportunity is wide open.
For those residing in multi-family properties, Seattle City Light is making it hassle-free for owners to embrace EV charging. With incentives capped at up to $50,000 per project, you can effortlessly set up shared parking stations. The funding even covers the electrical and civil work required for EV charger installation. And just like the rest, there’s no rush; these incentives are available with no deadline.
Charting a Greener Path Forward
Washington State is forging a clear path towards a greener and more sustainable future with its generous EV incentives. Whether you’re a business owner, a fleet manager, or a resident, the state offers a range of programs and incentives to make the transition to EVs easier and more affordable than ever.