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ChargePoint email notes reinstatement of EVSE IRS rebate

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by lensovet, Jan 17, 2013.

  1. lensovet

    lensovet former BP Brigade 207

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    Got an email from ChargePoint today noting that the $1k EVSE install IRS rebate has been reinstated for both 2012 and 2013 as part of the fiscal cliff negotiations.

    I'm not an expert, but from my reading of the regulation, there doesn't seem to be any onerous requirement for the EVSE itself. That is, it seems that you can build an Open EVSE yourself and then claim this credit.

    Is that true? If so…I wouldn't mind getting myself a free L2 charger.
     
    #1 lensovet, Jan 17, 2013
  2. lensovet

    lensovet former BP Brigade 207

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    Ok so I just realized…the credit is capped at 30% of the cost. so you can't get a free anything, but you can get a 30% discount.
     
    #2 lensovet, Jan 17, 2013
  3. CharlesH

    CharlesH CA HOV Decal #5 on former PiP

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    Someone else mentioned that being subject to AMT kills off this discount.
     
    #3 CharlesH, Jan 17, 2013
  4. lensovet

    lensovet former BP Brigade 207

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    that is true as well, but AMT only applies to people making over what? 100k?
     
    #4 lensovet, Jan 17, 2013
  5. John H

    John H Senior Member

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    How about I sell you an OpenEVSE kit for $1500 and after you evaluate it for 1 month and write a review I send you a $1000 rebate. :)
     
    #5 John H, Jan 17, 2013
  6. lensovet

    lensovet former BP Brigade 207

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    yeah, i smell a business opportunity for those who have experience building these things. it also kind of amazes me how lax the requirements seem to be for this. just install the station and keep a receipt of the paperwork…and that's it?
     
    #6 lensovet, Jan 18, 2013
  7. 2k1Toaster

    2k1Toaster Brand New Prius Batteries

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    Make it hard to meet the requirements and everyone gripes about how hard it is. Make it easy to try and spread the goodness around, and people complain about how lax it is...

    Just be good people. If you want an L2 charger, build one, and credit 30%. That simple.
     
    #7 2k1Toaster, Jan 18, 2013
  8. Germwise

    Germwise Junior Member

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    Can I claim my labor :-P
     
    #8 Germwise, Jan 18, 2013
  9. John H

    John H Senior Member

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    Perhaps. Would you report the labor cost as income as well?
     
    #9 John H, Jan 18, 2013
  10. wjtracy

    wjtracy Senior Member

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    ...more on this from Plug-In America Major Win For Plug-In Incentives! | Plug In America After many months of consistent work with Congress, Plug In America is extremely gratified that two major plug-in tax credits which expired at the end of 2011 were extended as part of the final "fiscal cliff" legislation just signed by President Obama. The bill passed last night (January 1st) extended the EV infrastructure tax credit and 2-3 wheeled credit until the end of 2013. In the case of the infrastructure tax credit, it remains at 30%; for the 2-3 credit it is still 10% but applies to 2-3 wheeled vehicles which have greater than 4 kwh and can go more than 45 mph. These apply for all vehicles or EVSEs purchased in 2012 as well. As 2013 starts, we want to thank you for all of your support - your voices were heard by Congress and made a difference in getting the incentives extended.
     
    #10 wjtracy, Jan 18, 2013
  11. essaunders

    essaunders Member

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    I installed my EVSE in Dec 2011 and thought I was getting the 30% credit. But, as I had other credits (solar) I didn't get the EVSE credit. Same will likely apply now - and to people who try to claim EVSE and EV credit in the same year.
     
    #11 essaunders, Jan 22, 2013
  12. Tracksyde

    Tracksyde Member

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    It would seem silly that if I claim an EV credit I couldnt claim the EVSE credit in the same year.. although it IS the IRS :mad:
     
    #12 Tracksyde, Jan 22, 2013
  13. lensovet

    lensovet former BP Brigade 207

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    Or do you just need to make more money? I didn't see anything in the EVSE credit that would make you ineligible after claiming the PHEV credit.
     
    #13 lensovet, Jan 22, 2013
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