Electric Vehicle (EV) Charging Incentives

Federal

• NRCan's Zero Emission Vehicle Infrastructure Program (ZEVIP) will offer up to $130 million to reduce the cost of purchasing and installing EV charging for station owners and operators. ZEVIP provides up to $5,000 per L2 connector and between $50,000 and $100,000 per DC fast charger depending on the power level, up to 50% of eligible project costs. Eligible applicants include public, private, or not-for-profit entities and additional incentives are available for indigenous businesses and communities. Applications will be evaluated competitively and are due on September 19, 2024.

• The Federal Government’s 2016 budget announced that Accelerated Capital Cost Allowances (ACCA) will extend to electric vehicle (EV) infrastructure and energy storage equipment. In the case of electric vehicle charging stations, the Canada Revenue Agency (CRA) has created two unique classes, 43.1 and 43.2. Electric vehicle charging stations set up to supply at least 90 kW of continuous power will be eligible for inclusion in Class 43.2 with a CCA rate of 50%. Those charging stations set up to supply more than 10 kW but less than 90 kW of continuous power will be eligible for inclusion in Class 43.1 with CCA rate of 30%.

• Indigenous Clean Energy’s (ICE) Charge Up program has $1.6M available to fund up to 75% of the cost to install EV chargers for First Nation, Inuit and Métis communities, businesses, and Friendship Centers. Funding limits are up to $7,500 per Level 2 port and up to $99,999 per DCFC of EV charging station. Indigenous business applicants may be non-profit or for-profit but must be legal entities, validly incorporated or registered in Canada. New equipment can be installed at multi-unit buildings of 3 or more units, public places, workplaces, on-street parking, and in support of light-duty fleets. Applications will be assessed monthly until all funding has been allocated. Please note funding is for charger installation only and does not cover ongoing maintenance and operating costs. For Indigenous organizations, Charge Up funding is stackable with other funding, as long as the funding received does not exceed 100% of project costs, although Charge Up is not stackable with any other programs that include ZEVIP funding. Funding is first come first serve and projects much be completed by October 2024.