INCENTIVES

The Colorado Energy Office offers as a basic grant program for AC Level 2 charging stations of $4500 per port up to 80% of the total project costs.
When tallying up total project costs that can count toward the grant program, the following can be included: Charging ports/stations, warranties, electrical contractor costs, engineering designs, networking equipment, back end software, signage, protection, concrete work even parking lot striping.
Peak load <=50kW on meter within last 12 months. Maximum 3 ports per parcel. Costs can cover infrastructure installation (from electrical breaker panel up to the charger, wiring, conduit, costs of materials) and labor for electrical, trenching, and concrete work. Charger must be on the program’s approved list.
Black Hills Colorado will reimburse up to $2000 per port for installing level 2 chargers. You must agree to use the time of use (TOU) rates and purchase one of the approve charger OEMs.

Projects that include direct current fast chargers (DCFC) can receive up to $70,000 per port in grant funding. These projects are best suited for travel plazas and large shopping centers. Grant funds are capped at 80% of project total. Large DCFC projects require new specialized electric service from the utility which is very costly and time consuming.
When tallying up total project costs that can count toward the grant program, the following can be included: Charging ports/stations, transformers and inverters, electrical contractor costs, engineering designs, networking equipment, back end software, signage, protection and even parking lot striping.
Peak load <=50kW on meter within last 12 months. Maximum 3 ports per parcel. Costs can cover infrastructure installation (from electrical breaker panel up to the charger, wiring, conduit, costs of materials) and labor for electrical, trenching, and concrete work. Charger must be on the program’s approved list.
Launch pad to investigate other States’ incentive programs to encourage EV adoption.