The phenomenon of EV buyers rushing to take advantage of a federal tax credit that expires at the end of September has been well-documented here and elsewhere. But changes to transportation policy under President Donald Trump’s so-called One Big Beautiful Bill also spell the end of a tax credit that helps offset the costs of installing EV charging equipment. “There’s a lot of public attention in the market on the expiration of 30D coming up at the end of September,” Josh Cohen, who heads up the policy team at Swtch Energy, told Tech Brew. Swtch provides EV charging solutions to multifamily property owners and commercial real estate developers across the US and Canada. “But there’s less general awareness about 30C,” he added. “And that is a very impactful incentive.” Credit where due: The 30D credit offers EV buyers up to $7,500 in incentives on certain new EVs and up to $4,000 for eligible used models. 30C refers to the Alternative Fuel Vehicle Refueling Property Credit, which was established by the 2005 Energy Policy Act under former President George W. Bush. The program has since been extended numerous times, including in the 2022 Inflation Reduction Act. Under the Biden administration, new eligibility requirements expanded access to the credit. It’s now set to expire on June 30, 2026. Keep reading here.—JG |