NJ Electric Vehicle Charging Station Program
NJ has a new program that benefits all business owners and property managers. “It Pay$ to Plug In” provides grants to offset the cost of purchasing electric vehicle charging stations. The program is designed to expand New Jersey’s growing network of electric vehicle infrastructure, allowing residents, businesses, and government agencies to purchase and drive electric vehicles. EVs dramatically reduce vehicle emissions and improve air quality for everyone!
It’s easy to apply for a grant.
Here are the steps as outlined on www.nj.gov -Obtain three (3) quotes for the EV charging stations. -Submit all required documents via the SAGE portal. -If the grant application is approved, NJDEP will provide and execute a grant agreement with the applicant via the SAGE portal. -Install Level 1 and Level 2 charging station(s) within 9 months of NJDEP grant execution. -Complete and submit the Expenditure Report and the Charger Information Form via SAGE along with paid invoices, proof of payment, and photos. -After NJDEP review and approval of provided invoices, grant funds will be disbursed.
Eligible locations include public parking lots and garages, apartments and condominiums, workplaces, hotels, retail, downtown areas, rest stops, and more. These grants can be combined with utility incentives for installation of charging stations.
Additionally, New Jersey has a tax exemption for electric vehicles. Zero Emission Vehicles are exempt from the NJ state sales tax, so you’ll save 6.625% on the sale, lease or rental of a new or used battery electric vehicle (also known as an all-electric vehicle) in weight classes 1-8. This exemption does not apply to plug-in hybrid electric vehicles. There is no restrictive language for personal or business use, as long as the vehicle is purchased and registered in the State. For a list of all qualified vehicles, visit https://www.state.nj.us/treasury/taxation/zevnotice.shtml
