CeeCeeEss is a fast-food restaurant that wants to capitalize on federal funding to ensure that it hits its environmental, social, and corporate governance (ESG) goals. While CeeCeeEss does have an electric vehicle (EV) charging station in its parking lot, the restaurant knows that its customers drive EVs and want to champion transportation electrification to drive business. CeeCeeEss is in the middle of a busy suburb and serves hundreds of customers each day. It should explore the following funding opportunities:
- National Electric Vehicle Infrastructure (NEVI) Discretionary Grant Program: As program guidance is finalized, CeeCeeEss can connect with its state DOT to understand how it can serve as a site host for fast public charging through the NEVI discretionary grant program. If selected as a site host, CeeCeeEss could call itself home to some of the direct current fast chargers (DCFC) that make up the nation’s new public charging network.
- Commercial Clean Vehicle Tax Credit: CeeCeeEss can qualify for a tax credit of up to 30% of the cost of an EV to support day-to-day business operations. CeeCeeEss can use this credit to purchase light-, medium-, and heavy-duty vehicles and service equipment to support its delivery service and freight carriers.
- Alternative Fuel Vehicle Refueling Property Credit: CeeCeeEss can qualify for an Alternative Fuel Infrastructure Credit. As a tax-paying entity, it will receive a tax credit of up to 30% of the cost of a charging station. CeeCeeEss can make these stations available to its customers or exclusively to its staff.
Please note that the case study above is imaginary and that funding pathways will be updated by the EC monthly. Results are comprehensive but may not be reflective of imminent program changes. EV Funding Finder users should also be sure to inquire about state-specific incentives that could further support projects. For additional information on deadlines and RFPs, check out the Climate Program Portal.