Electric Vehicle Offers & Information
Residential EV Charging Program
LPEA offers financial incentives for the installation of home electric vehicle charging station, and even offers free EV chargers for qualified members. See below for details.
- FREE Level 2 plug-in charger for home use ($700 value)
- Must maintain Wi-Fi connectivity & allow access to device info
- Up to two free chargers per household (must have 1 EV per charger)
- Up to $500 rebate for installation & labor costs for 240V, 50A EV outlet
- Up to $500 rebate for the independent purchase of a Level 2 charger and its installation.
- Ownership of an Electric Vehicle is required for free charger and all EV rebates
- All rebates must be submitted within 90 days of installation
- Check out our rebate page for more information
Incentive Information
FREE Level 2 plug in charger for home use ($700 value)
Up to $500 rebate for installation & labor costs of EV suitable outlet
Bring your own charger rebate up to $500 for charger + installation
Up to $500 rebate for installation & labor costs of EV suitable outlet
Bring your own charger rebate up to $500 for charger + installation
Commercial & Public EV Charging
- Rebates for business and public charging stations are available, contact LPEA for more details.
- State-funded grants or other external financial support may also be accessible, contact LPEA with questions.
Federal Tax Credit for EV Charging Equipment up to $1,000
Consumers who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000.
- Consult a tax professional to see if your installation qualifies
- Visit IRS website for additional information
Incentive Information
Federal Tax Credit of 30% of the cost of residential charging equipment, up to $1,000.
Federal Tax Credit for New & Used Electric Vehicles
A federal tax credit is available for new and used electric vehicles that meet requirements specified in Internal Revenue Code Section 30D.
New Vehicle Clean Credit up to $7,500.
You may qualify for a credit up to $7,500 if you buy a new, qualified plug-in EV. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032. Information about new vehicles purchased in 2022 and before or for vehicles purchased in 2023 and after.
Used Vehicle Clean Credit up to $4,000.
Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Additional Details.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
Starting in January 2024, an Inflation Reduction Act provision allows consumers to transfer the tax credit to car dealers, reducing the purchase price of eligible new and used vehicles at the time of sale.
New Vehicle Clean Credit up to $7,500.
You may qualify for a credit up to $7,500 if you buy a new, qualified plug-in EV. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032. Information about new vehicles purchased in 2022 and before or for vehicles purchased in 2023 and after.
Used Vehicle Clean Credit up to $4,000.
Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Additional Details.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
Starting in January 2024, an Inflation Reduction Act provision allows consumers to transfer the tax credit to car dealers, reducing the purchase price of eligible new and used vehicles at the time of sale.
- Consult your tax adviser to make sure you qualify
- Tax credit amount varies based on vehicle details
- Restrictions apply, subject to change without notice
Incentive Information
Electric Vehicle Federal Tax Incentive up to $7,500
State of Colorado EV Tax Credit
Colorado taxpayers are eligible for a state tax credit of $5,000 for the purchase or lease of a new EV on or after July 1, 2023 with a manufacturer’s suggested retail price (MSRP) up to $80,000. Lease agreements must have an initial term of at least two years. Beginning January 1, 2024, Coloradans purchasing an EV with an MSRP up to $35,000 will be eligible for an additional $2,500 tax credit.
- Contact by Phone: 303-238-7378
- Consult a tax professional to determine if you qualify
- Restrictions apply; see Colorado Energy Office website for details
Incentive Information
Colorado taxpayers are eligible for a state tax credit of $5,000 for the purchase or lease of a new EV on or after July 1, 2023 with a manufacturer’s suggested retail price (MSRP) up to $80,000.
Vehicle Exchange Colorado (VXC) Program
The Vehicle Exchange Colorado (VXC) program helps income-qualified Coloradans recycle and replace their old or high-emitting vehicles with electric vehicles (EVs). The VXC rebate will partially cover the upfront cost of the EV at the time of purchase or lease from an authorized automobile dealer.
- Contact by Phone: 833-933-9602
- Contact by Email: [email protected]
- Restrictions apply; see Colorado Energy Office website for details
Incentive Information
Eligible Colorado residents can receive the following rebate amounts for a qualified electric vehicle purchase or lease (note: a lease term must be a minimum of two years).
New electric vehicle (BEV or PHEV): $6,000
Used electric vehicle (BEV or PHEV): $4,000
New electric vehicle (BEV or PHEV): $6,000
Used electric vehicle (BEV or PHEV): $4,000