Iowa

• The US Department of Transportation (DOT) is offering $1.5 Billion for public entities including states, local governments, tribes, and port authorities to deploy charging infrastructure and other surface transportation projects through its Rebuilding American Infrastructure with Sustainability and Equity (RAISE) Program. DOT will provide reimbursement of up to 80% of total eligible project costs for most project types. Applications will be evaluated competitively and are due by February 28, 2024.

• The US Environmental Protection Agency (EPA) is offering $3 Billion for port authorities and state, regional, local, and tribal agencies with jurisdiction over ports, and air pollution control agencies to deploy zero-emission port equipment and to purchase and install charging infrastructure through its Clean Ports Program. EPA will provide reimbursement of up to $500 Million, up to 80-90% of total eligible project costs, depending on applicant and project details. Applications will be evaluated competitively and will be accepted between February 2024 and May 2024.

• The US Environmental Protection Agency (EPA) is offering $500M for school districts, charter schools, tribes, private school bus contractors, and eligible third parties to deploy clean and zero-emission school buses and to purchase and install L2 and DC fast chargers through its Clean School Bus (CSB) Rebate Program 2023. EPA will provide reimbursement of up to $145,000 - $345,000 per bus-and-charger bundle, depending on applicant and bus details. Awards will be made by lottery and applications are due January 31, 2024.

• The National Electric Vehicle Infrastructure Formula Program allocates $5 billion in funding for EV charging infrastructure across 75,000 miles of highway across the country. Your organization must be within one mile of an established alternative fuel corridor to qualify and may need to meet other requirements as well.

• The 30C Alternative Fuel Infrastructure Tax Credit, commonly referred to as the “federal tax credit,” gives qualifying businesses a 30% tax credit, up to $100,000, for the purchase and installation of EV charging infrastructure. Businesses must have installed the stations between Jan. 1, 2023, and Dec. 31, 2032, and must claim the credit on their federal tax return. Guidance on new eligibility requirements is forthcoming, based on prevailing wages and the applicant’s location within designated census tracts.

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Your Sustainability Goals Are Within Reach in Iowa

• Ames Electric Services Smart Rebates provide up to a $500 per port rebate to commercial customers for the purchase and installation of a publicly available electric vehicle charging station. Rebates are available now through December 31, 2022 or until funds are exhausted.

• The City of Iowa City offers a rebate program for EV charging at apartment buildings and condo complexes.  Rebates up to $4,000 are available and the City of Iowa City can supply up to a 50/50 match for the cost of equipment, labor, and materials for a new Level 2 station.  Eligible properties must have a minimum of four units to qualify. 

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Home EV Charging Incentives in Iowa

• Alliant Energy’s will provide EV owners with a rebate of $500 for a networked home charging station, such as ChargePoint Home. Download the rebate form here.

• Ames Electric Services Smart Rebates provide up to a $250 to home customers for the purchase and installation of a home charging station for their electric vehicle. Rebates are available now through December 31, 2022 or until funds are exhausted.

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EV Incentives in Iowa

• MidAmerican Energy customers are eligible for a $500 rebate when they purchase a qualifying electric vehicle between March 8, 2019 and December 31, 2019.

• CFU Residential and business customers who own or lease a qualified electric vehicle are eligible for a $50 electric vehicle (EV) community incentive.