The Alterative Fuels Data Center Station Locator tool is a great way to find charging locations in Colorado and other states. You can map a route or find EVSE in your neighborhood!
The price of currently available Level 2 EVSE varies, but typically is in the range of $1,000 to $2,000 before incentives. Typically, installation is relatively inexpensive for businesses that already have electrical service that can accommodate Level 2 EVSE. Check with your utility and a trusted electrical contractor before installing EVSE or modifying your electrical system. There is a cost differential between interior and exterior costs.
To find current incentives, visit www.afdc.energy.gov/afdc/laws.
Whether you are a business who wants to provide EV charging for your employees, a business that wants to attract EV drivers or a fleet manager who wants to incorporate EVs into your fleet, there are a few things to consider upfront. If you are ready to jump on board and want to encourage EV adoption, you might consider incentives and programs such as:
- Parking discounts for EV owners
- Preferential parking accommodations
- Free charging for customers or employees
- Employee financing programs
Based on the available data, the National Highway Traffic Safety Administration (NHTSA) does not believe that electric vehicles pose a greater risk of fire than gasoline-powered vehicles. However, as a fleet manager, you’ll want to make sure that employees are both excited about the additions to your fleet and that they also understand some of the differences they can expect. Learn More
Fleets use vehicles differently than the general public. As a business owner, you will need to understand the requirements of your vehicles and drivers including:
- Vehicle usage patterns (number of miles traveled, number of stops, how long at each stop, etc.)
- Employee handling and safety training
- Charging capabilities with adequate capacity 208-240-volt (for Level II charging)
Check out this Fleet Evaluation Tool!
For more information and resources for fleets, visit www.denvercleancities.org
Fleets use vehicles differently than the general public. As a business owner, you will need to understand the requirements of your vehicles and drivers.
The National Highway Traffic Safety Administration (NHTSA) has found that electric vehicles do not pose a greater risk of fire than gasoline-powered vehicles.
Whether you are a business who wants to provide EV charging for your employees, a business that wants to attract EV drivers or a fleet manager who wants to incorporate EVs into your fleet, there are a few things to consider upfront.
The price to instal currently available Level 2 EVSE varies from $1,000 up to $8,000 before incentives, with the national average around $3,200.
From universities to Walgreens to hotels- electric vehicle charging is becoming readily available in Colorado!
Determine charge level for your equipment
You will be choosing between three basic charging levels (level 1, 2, or 3/DC fast charging). In most scenarios, level 2 charging will fit the bill.
Level 1 delivers a maximum of 120 volts through a standard electrical outlet.
- Pro: Little to no installation costs: level 1 charging can be completed through the average electrical outlet, so it may not require additional installation at all.
- Con: Slow charge times: Level 1 can fully recharge the standard EV in about 8 hours, delivering 2-5 miles of range per hour of charge.
- Who might consider Level 1? Level 1 charging may be appropriate for your property if you expect tenants to be on site overnight or throughout the day, or there is an outlet readily available and accessible to start EV charging today!
Level 2 delivers a maximum of 240 volts through an electrical outlet similar to that of a dryer.
- Pro: Faster charge time; Level 2 can recharge a standard EV battery in about half the time as level 1, delivering 5-10 miles of range per hour of charge time.
- Con: usually requires additional EVSE installation, and the cost of installation will vary depending the need for infrastructure changes.
- Who might consider Level 2? Level 2 charging stations will meet the needs of most properties, particularly apartments or workplaces. Level 2 can meet the needs of most EV users without extensive costs or hassle.
Level 3, or DC fast charging, delivers over 360 volts using new and developing charging technologies.
- Pro: Fastest charge time: DC fast chargers deliver 60-80 miles of range in just 20 minutes of charge time. Within 30 minutes, you can recharge the battery up to 80%.
- Con: This type of charging is still quite costly and not widely available on a commercial basis.
- Who might consider Fast Charging? Fast charging could easily become the norm of the future as EV technology becomes more sophisticated, so this is good for forward looking property managers who may have customers that are not on site for as long of periods of time.
Want to show you’re hard at work making your building as sustainable as possible? You can get LEED (Leadership in Energy and Environmental Design) certification points just by installing an EV charging station! Is your building more than 4 stories tall? Commercial or multi-family residences over 4 stories qualify for up to 3 points under the New Construction program, and 3 and 15 points under the Existing Building Program.
Is your building less than 4 stories? Single family homes and multi-family residences under 4 stories are eligible for one 1 credit under “innovative Design” criteria.
As a property owner, providing electric vehicle charging capabilities, or EVSE, for your tenants is a way to distinguish yourself as an environmentally conscious thought-leader who anticipates customer needs. Here are 2 of the many perks associated with having an EVSE on your property:
Feature it as an amenity to appeal to tenants. Just like you might feature a pool at an apartment complex or free wi-fi at a coffee shop, EVSE is an amenity that will get more customers inside your building to take advantage of whatever service offer– be it a place to live, banking services, or retail. Also, take advantage of the highly visible space for advertising!
As a property owner, providing electric vehicle charging capabilities, or EVSE, for your tenants is a way to distinguish yourself as an environmentally conscious thought-leader who anticipates customer needs.
Want to show you’re hard at work making your building as sustainable as possible? You can get LEED (Leadership in Energy and Environmental Design) certification points just by installing an EV charging station!
Check out this step-by-step process to get your building EV ready!
As a plug-in electric vehicle (PEV) purchaser, you are eligible for up to $7,500 in Federal and $6,000 in Colorado tax credits. Colorado allows an income tax credit to taxpayers who have purchased an alternative fuel vehicle, converted a motor vehicle to use an alternative fuel, or have replaced a vehicle’s power source with an alternative fuel power source.
Here is a simple guide showing how to calculate your state tax credit and how to claim your federal.
STATE OF COLORADO
1. HB 13-1247 restructured the method for determining electric vehicle tax credits in Colorado, but it also extended these credits through the year 2021. The new formula is very simple for calculating the credit amount you would receive for your electric vehicle, and is as follows:
(Purchase price or sum of lease payments X battery capacity in kWh) ÷ 100 = State credit amount
Nissan Leaf Example:
($21,300 (base price of Leaf after $7,500 federal credit) X 24kWh) ÷ 100 = $5,112 Credit
Income 67 Colorado Innovative Motor Vehicle and Alternative Fuel Vehicle Tax Credit fact sheet.
The auto dealer you purchase your vehicle from should take the $7,500 federal tax credit off the price you’re paying for the vehicle. In the case they do not, this is how you would claim your tax credit personally.
In order to receive your federal alternative vehicle tax credit, identify how much your vehicle qualifies for (Federal Tax Credit Values) and fill out the 8936 form for the IRS. Form 8936 Instructions
There are many variables such as how many miles you drive and how much you pay for electricity. You won’t have to go to the service shop for oil changes, saving about $30 every 3-4 months. And, at the average US electricity rate of 12 cents per kWh, you would be paying about a quarter as much for “fuel” costs—dropping your yearly fuel bill from about $1,400 to $350.
Another way to calculate your fuel savings is by comparing the operating costs per mile of a conventional vehicle with an electric one. A Nissan Leaf costs $.03/mile in fuel to operate using the average electricity rate for Colorado ($.12/kWh), while a conventional vehicle that averages 22 miles/gallon costs nearly $.159/mile in fuel to operate when using gas at $3.50 gallon – making the conventional vehicle over five times as expensive! Source
Find out how much you can save in money (and GHG) with this savings calculator.
Xcel Energy, serving much of Colorado, estimates that electricity bills will increase by one-third once electric vehicle charging is conducted at your place of residence. General Motors estimates the annual energy use of the Chevy Volt will be 2,520 kWh, which is less than that required for a typical water heater or central air conditioning.
Contact your local utility to learn about special offers that may interest you.
The price of currently available Level 2 residential EVSE varies but typically is in the range of $1,000 to $2,000 before incentives. Click here to find out about current incentives.
Installing costs for Level 2 EVSE also varies. Typically, installation is relatively inexpensive for homes that already have electrical service and can accommodate Level 2 EVSE. However, if an electrical service upgrade is required, the installation could be more.
You will likely charge your vehicle overnight at home using Level 1 or Level 2 charging. Level 1 charging requires no special equipment or installation – all you need is a standard outlet. For Level 2 charging, you will need to purchase and install Level 2 electric vehicle supply equipment (EVSE). The cost of installing Level 2 EVSE varies considerably.
For more information about costs of EVSE installation, check out the PEV Handbook for Consumers.
Be sure to notify your utility company so that they can confirm that they are readyto reliably serve the electricity needs of your EV.
The higher the level, the quicker the vehicle charges. The Level 1 and Level 2 chargers are typical for home use. Level 2 charging stations will be found at retail stores, restaurants and malls. Level 3 are targeted for quick charge at gas stations or other public places and are not applicable to most home installations.
- Level 1
- Plugs in to 110 V
- Charges 2-5 miles per hour
- Level 2
- Plugs in to 208-240 V (220 V nominal)
- Charges 10-20 miles per hour
- Level 3
- Plugs in to 440 V
- Charges 60-80 miles per 20 minutes
The higher the level, the quicker the vehicle charges.
You will likely charge your vehicle overnight at home using Level 1 or Level 2 charging.
The price of currently available Level 2 residential EVSE varies but typically is in the range of $1,000 to $2,000 before incentives.
Xcel Energy, serving much of Colorado, estimates that electricity bills will increase by one-third once electric vehicle charging is conducted at your place of residence.
There are many variables such as how many miles you drive and how much you pay for electricity.
Colorado offers one of the best tax credit packages for electric vehicles in the nation, offering up to $6,000 with the purchase of an alternative fuel vehicle. Combined with the $7,500 federal tax credit, that’s up to $13,500 off the price of your future EV!
Many drivers have expressed concern over the amount of pollution stemming from power plants that power electric vehicles.
Solar Panels for EV Charging
Drivers do not need to have solar panels installed on their property or at their place of business in order to power electric vehicles.
The United States imports more than 60% of its petroleum, two-thirds of which is used in the transportation sector.
As electric drive vehicles become increasingly common, the battery-recycling market will expand. Three common recycling methods include smelting, direct recovery and intermediate processes.
What is the primary use of your car?
If you answered commuting, you’re more than ready. The mainstream EVs have about a 100-mile range on a fully charged battery. With the average commuter driving less than 30 miles per day, an EV can more than cover all your commuting needs. Some electric vehicles have a range of up to 300 miles!
If you answered consistent long-distance trips, then perhaps you are one of the 10% that needs more than a 100-mile range. However, EVs can still fit into your lifestyle. In addition to installing a charging station at your home for overnight charging, charging stations are popping up across the state, so you can “fill-up” during the day. Map your route here.
Toyota’s trusted SUV transformed into a pure electric vehicle that offers both space and speed thanks to it’s aerodynamic design and electric acceleration.