Home About GRCC Our Mission Board Meetings Outreach Events Programs & Projects Links & Resources
News

Monroe County Fleet Named # 2 Green Government Fleet in US for 2013

 

NY and Federal Tax Credits Provide 80% Tax Credit for Recharging Station Equipment

New York State has announced an Electric Vehicle Recharging Equipment tax credit valid against corporate tax, corporate franchise tax and personal income tax to cover the lesser of either $5,000 in installation costs or 50% the cost of equipment itself. Likewise, a similar Federal tax credit for Alternative Fuel equipment, reauthorized under the American 2012 Taxpayer Relief Act provides a 30% credit capped at $30,000. When combined, 80% of the cost of a recharging equipment and installation may be covered.

For a thorough review of these credits:

http://www.akingump.com/en/experience/practices/global-project-finance/tax-equity-telegraph/new-york-enacts-electric-vehicle-recharging-station-tax-credit.html


 ----------------------------------------------------------------------------------------------------------

 

 


 

Genesee Region Clean Communities
Copyright © 2008-2013
info@grcc.us
(585) 301-2433