Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Tax Subsidy for EV Chargers Ends with 2011

December 28, 2011

The electric-car charger tax subsidy is set to end with 2011 on Saturday, since the U.S. Congress did not renew the tax break for 2012, according to USA Today.

The credit allowed taxpayers to deduct 30% of the cost of chargers up to $30,000 on commercial units and up to $1,000 for household chargers. In 2010, the tax break allowed up 50% of the cost of the charger.

Meanwhile, the Department of Energy said that it has invested $7 million in grants for four companies to develop low-cost, electric-vehicle chargers.

For the full article, click on this URL: http://www.usatoday.com/money/autos/environment/story/2011-12-30/electric-car-charger-tax-breaks/52234182/1

 

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All

 

Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All

 

Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All

 

Sponsored by

An unsafe driver behavior, usually because driver is on the phone, texting, eating, or otherwise distracted.

Read more

Article News

Popular Stories

Up Next

More From The World's Largest Fleet Publisher