Tennessee

Federal

1. The federal tax credit covers 30% of an EV charging station, necessary equipment and installation costs. For residential installations, the IRS caps the tax credit at $1,000.
Federal Tax Credit for Residential EV (rebates4evchargers.com)

2. The US Environmental Protection Agency (EPA) is offering $3 Billion for port authorities and state, regional, local, and tribal agencies with jurisdiction over ports, and air pollution control agencies to deploy zero-emission port equipment and to purchase and install charging infrastructure through its Clean Ports Program. EPA will provide reimbursement of up to $500 Million, up to 80-90% of total eligible project costs, depending on applicant and project details. Applications will be evaluated competitively and will be accepted between February 2024 and May 2024.

3. The National Electric Vehicle Infrastructure Formula Program allocates $5 billion in funding for EV charging infrastructure across 75,000 miles of highway across the country. Your organization must be within one mile of an established alternative fuel corridor to qualify and may need to meet other requirements as well.

Tennessee

1. TVA offers a commercial TOU rate for customers with direct current fast chargers (DCFC). TOU rates are available through TVA Local Power Company partners. For more information on eligible power companies, see TVA’s Local Power Company Partners website.

2. KUB offers residential customers a rebate up to $400 for the purchase and installation of a Level 2 EV charging station. For more information, including the application, please visit the KUB Electric Vehicle website.