Business Charging Incentives
The following may apply to businesses, local governments, educational institutions and more for the installation of electric vehicle supply equipment (EVSE), also known as vehicle charging stations.
Central Hudson EV Programs
The Electric Vehicle (EV) Make Ready Program is available to Central Hudson commercial customers to help offset the upfront costs of building charging stations for light-duty or medium/heavy-duty EVs. Through this program, entities seeking to install or participate in the installation of Level 2 (L2) and/or Direct Current Fast Charging (DCFC) chargers can earn incentives that will offset a large portion of, or in some cases, all infrastructure costs associated with preparing a site for EV charger installation.
The Fleet Assessment Service is a valuable offering for Central Hudson’s customers that are considering electrifying their fleet of light-duty, medium-duty, or heavy-duty vehicles. Participants can expect a customized, comprehensive report, one-on-one support, and help finding financial assistance to offset the cost of switching from internal combustion engine vehicles to electric vehicles.
Ready to take your electric vehicle charging to the next level? Central Hudson’s Electric Vehicle Phase-In Rate Program (EV-PIR) is a game-changer for commercial customers looking to cut electricity costs and maximize efficiency. This billing option shifts your EV charging account to a time-based rate structure—meaning you pay less during off-peak hours and avoid higher rates during peak demand. By syncing your charging schedule with low-demand periods, you not only have the opportunity to decrease your energy bills but also help ease pressure on the grid. It’s a win-win for your bottom line and the environment.
State programs
New York State’s Charge Ready 2.0 program, announced in July 2023, is offering incentives of up to $4,000 per charger. This program can help to offset the cost of electric vehicle chargers themselves, which are not covered through Central Hudson’s existing Make Ready program. Act soon, as funds for the program are limited. Applications will be accepted on a first-come, first-served basis until December 31, 2025 or until funds run out.
Tax Credits
The Alternative Fuel Vehicle Refueling Property Credit is available to businesses and individuals that place qualified refueling property into service during the tax year. The amount of credit available is dependent on several criteria, including the date and location of the property placed in service.
- Consult a tax professional to make sure you qualify
- Visit IRS website for additional information
Class 4-8 Trucks, Transit Buses, Paratransit Shuttle Buses, School Buses, and Port Cargo Handling Equipment
The New York Truck Voucher Incentive Program (NYTVIP), administered by the New York State Energy Research and Development Authority (NYSERDA), helps make it easier for fleets to adopt zero-emission vehicle technologies while removing the oldest, dirtiest diesel engines from New York roads. Voucher applications must be submitted on or before August 18, 2024 and include the scrappage of a qualifying pre-2009 vehicle. Learn more on the NYSERDA website.
- Consult NYSERDA website to make sure you qualify
- Restrictions apply, subject to change without notice
The Direct Current Fast Charger Incentive Program
This is a statewide incentive program established for utilities to provide an annual per-plug incentive to encourage deployment of public direct current fast charging. This program is geared toward commercial accounts and other large organizations. The incentive is based on the year of participation, declining annually by one-seventh throughout the seven-year program period. As of March 20, 2023, new applications for the DCFC PPI Program are no longer being accepted. The contents of the PPI Program page have been preserved for archival purposes here.