Take Advantage of Maryland’s EV Charger Tax Credit

Install an Electric Vehicle EV Charger in Maryland to be eligible for a Tax Credit

If you install a home EV charging station then you’re eligible for a tax credit of 30 percent of the cost of hardware and installation. So you can save up to $1,000! Originally, the federal tax credit for installing an electric vehicle charger was set to expire at the end of 2021. However, the Inflation Reduction Act extended the EV charger tax incentive for another ten years so it will expire at the end of 2032. 

New! Get a Home Charging Incentive from BGE

Now you can upgrade your home charger from a basic Level 1 (120v) model to a Level 2 (240v) charger and charge your vehicle during off-peak hours to get a $50 annual incentive from BGE. Through their EVsmart Program, you may be eligible for this annual incentive when you install a qualified Level 2 charger for your home and charge your car from 9pm – 7am. See details here.

For Businesses

In addition, businesses that install charging stations are eligible for even more savings.  From the White House website: “Beginning January 1, 2023, fueling equipment for natural gas, propane, hydrogen, electricity, E85, or diesel fuel blends containing a minimum of 20% biodiesel, is eligible for a tax credit of 30% of the cost or 6% in the case of property subject to depreciation, not to exceed $100,000.” Click here to learn more about this credit and how to apply.

Get an EV Charger and Take Advantage of Tax Credit Opportunities

We can help you take advantage of these energy-saving tax credit opportunities by installing a new EV charger for you. Contact us for a free estimate. In addition, you can subscribe to stay updated with the latest tax credit information on cleanenergy.gov. By installing an EV charger you will save the money that you would have spent on gas and have a convenient place to charge your car. In addition to homeowners, businesses can provide their valuable customers and employees with an easy and convenient way to charge their vehicles while shopping, dining or at work. 

This post is not meant to provide specific tax or accounting guidance, please be sure to consult an accountant or tax advisor about your individual or business tax situation.

Mary Felter
Mary Felter
2023-11-25
We had to have a new whole house generator installed, and we got it from B and D. Turn around was quick, and the project was done in two days, efficiently and with very pleasant employees. Highly recommend!
Louisa Woolery
Louisa Woolery
2023-11-24
The team at Bausum & Duckett Electric has always been awesome in providing electrical services for our church. They are prompt, efficient, professional, and take care of our electrical needs.
Ray Lowman
Ray Lowman
2023-06-19
Very professional from start to finish!!
Tom
Tom
2023-06-10
We had them install our Kohler whole house generator and transfer switch in September of 2021. My son and I did a concrete pad for the generator, placed the generator on the pad and 95% of the conduit work. B&D completed the conduit at each end and did the wiring as well as the startup testing and configuration of the generator. The fellow who came out to examine the site and give us an estimate was courteous and respectful. The two fellows they sent to do the installation were the same plus they were through in their work and cleaned up after themselves. All in all very professional not to mention easy to work with. I also want to mention that they were the best estimate and used copper for the main feed wiring rather than aluminum that other more expensive companies had spec'd.
Christine Schenk
Christine Schenk
2023-06-07
Great experience working with the team at Bausum & Duckett!
Kecia Wynne
Kecia Wynne
2022-08-23
Shout out to Rudy!
William Sommers
William Sommers
2022-07-17
Wouldnt come out to give estimates

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