Drive Electric Week begins Monday, September 15, 2014, a nationwide event to spotlight the environmental and economic benefits of electric vehicles.
Colorado has made significant progress surrounding the mass implementation of electric vehicles (EVs) since last year’s drive electric week. House bill 14-1326, which passed in spring, introduced tax credits for alternative fueled vehicles (AFVs), including EVs, that range from $7,500 to $20,000 depending on vehicle size. The bill reduces the specific ownership tax for alternative fuel vehicles to 75% of their value, which helps offset the higher upfront capital cost of these vehicles. Senate Bill 14-028, which also passed in spring, expands the eligibility of the existing Electric Vehicle Charging Station Grant fund to include private businesses, non-profits, state agencies, public universities, and public transit agencies.
The Colorado Energy Office (CEO) aims to build on this progress, working to diversify the state’s transportation fuels mix and focus on practical measures that will lead to greater adoption of electric vehicles. Through the Charge Ahead Colorado program, a partnership between CEO and the Regional Air Quality Council (RAQC), 92 EV charging stations have been funded since 2013. CEO anticipates 34 more stations to be funded by the end of the year, bringing the total number of EV changing stations in the state to 205.
For more info on electric vehicles, tax incentives and other AFVs, check out The Refuel Colorado website.
For information on where a charging station is near you, check out the Department of Energy’s electric vehicle charging station locator.