EV Charging Installation

OE Solar is a Tesla Recommended Electrician – we hold high-quality standards and are licensed to install Tesla brand EV chargers

Our licensed and certified electricians are versed and experienced in all makes and models of EV charging stations and can handle all of your needs, providing turn-key electric vehicle charging solutions. OE Solar is Tesla & ChargePoint Certified Installers. OE Solar is NABCEP certified company, and can help assess your property’s energy needs while planning your EV Charger Installation.

As we move towards a greener future, the adoption of electric vehicles (EVs) has become increasingly popular. However, one of the challenges of owning an EV is ensuring that it is fully charged when needed. Luckily, the federal government has introduced a tax credit for electric vehicle chargers, which could make the process of owning and charging an EV easier and more affordable.

New Mexico EV Charging Installations

Electric Car on Highway

Electric Car Charger

Charging an Electric Car

Things To Consider For Your EV Charging Station

OE Solar is here to help you will all your EV needs.

If you intend to park your EV while it’s charging, you will want the charging station to be no more than 12 to 15 feet from the connection port on your car, but this can vary depending on the make/model of your electric vehicle.

You will also want to consider what EV charger level will fit your charging speed needs. For best results, we recommend a Level 2 EV charger.

Level 1 & Level 2 EV chargers

There are different EV chargers levels, offering varying amounts of electricity, depending on your needs and current electrical panel system

Level 1 EV chargers

Level 1 chargers use 120-volt power and provide 2-5 miles of range per hour, making them suitable for short commutes or overnight charging

Level 2 EV Chargers

Level 2 chargers use 240-volt power and provide 6.2-7.6 kW to the vehicle, making them faster and better for larger batteries or frequent charging needs. Level 2 chargers can recharge an EV in a couple of hours, while Level 1 chargers take all day (and night)

.png

.png

.png

.png

Electrical Service Panel Upgrade

If you need a service panel upgrade, for your new home EV charger, there is a 30% tax credit with a $600 max

As a part of any OE Service, OE will assess your current panel, offer an estimate of Service panel upgrades, along with financing and additional options.

In many cases, we can offer custom solar carport.

Electric Vehicle Installation Incentives

As we move towards a greener future, the adoption of electric vehicles (EVs) has become increasingly popular. However, one of the challenges of owning an EV is ensuring that it is fully charged when needed. Luckily, the federal government has introduced a tax credit for electric vehicle chargers, which could make the process of owning and charging an EV easier and more affordable.
The federal tax credit for electric vehicle chargers was initially established in 2015 as part of the Energy Policy Act. This tax credit allows individuals and businesses to claim up to 30% of the cost of purchasing and installing an EV charger, up to a maximum credit of $1,000 for residential installations and $30,000 for commercial installations.
To claim the federal tax credit for electric vehicle chargers, you must first purchase and install a qualifying EV charger. The charger must meet certain requirements, including being able to charge an EV with a battery capacity of at least 4 kilowatt-hours and being installed at a location that is used for charging an EV. You must also file IRS Form 8911 with your tax return to claim the credit.
It's worth noting that the federal tax credit for electric vehicle chargers is separate from the tax credit for purchasing an EV. If you purchase an EV, you may also be eligible for a tax credit of up to $7,500. If you're considering purchasing an EV or already own one, the federal tax credit for electric vehicle chargers is a great way to save money on charging equipment. Not only will this make charging your EV more affordable, but it can also help promote the adoption of electric vehicles and reduce our dependence on fossil fuels. *OE Solar is not a tax professional, will not give tax advice, and cannot guarantee any of the incentives that are highlighted on our site.

TAX INCENTIVES

PNM offers residential customers a $300 rebate for the purchase of a Level 2 ENERGY STAR certified EV charging station. For more information, including eligibility requirements, see the PNM EV Discounts and Rebates website.

Residential

Get a $500 rebate for installing a networked Level 2 residential charger.
Income-qualified residents: Receive an additional rebate up to $2,000.
Must install eligible chargers with an approved PNM Contractor

Commercial

Get $2,500 for installing Level 2 chargers
Get $25,000 for installing DC Fast chargers
Income-qualified properties: Receive a rebate up to $2,500 per charger port.
Must install eligible chargers with an approved PNM Contractor

Multifamily

Get a $2,500 rebate for installing a Level 2 charger.
Income-qualified communities: Receive a rebate up to $5,000 per charger port.
Must install eligible chargers with an approved PNM Contractor

The Modified Accelerated Cost Recovery System (MACRS) is a depreciation plan that allows business owners to recover depreciation costs on their solar investments through tax deductions. The second Federal commercial solar incentive is the Modified Accelerated Cost Recovery System (MACRS). MACRS is a depreciation plan that allows business owners to recover depreciation costs on their solar investments through tax deductions.

Available for Level -2 Electric Vehicle Service Equipment
Available for DC Direct Current Fast EV Charging Equipment
Available for Solar Electric Photovoltaics

Note: The Tax Cuts and Jobs Act of 2017 increased bonus depreciation to 100% for qualified property acquired and placed in service after September 27, 2017 and before January 1, 2023. Bonus depreciation steps down by 20% each year beginning with 80% in 2023..

Taxpayers are eligible for a credit of 30% of the hardware and installation costs for EV chargers installed at their homes. It’s a one-time, nonrefundable tax credit for a maximum of $1,000.

Residential EV chargers can cost anywhere from $200 to $1,800, depending on the type of charger you get installed. OE Solar works with several different brands to ensure our customers get the right product that fits their needs. Some customers may need to update their electricity panel to accommodate the new charger, which increases the cost of the Electrica Vehicle charger. This cost is also covered by the 30% tax credit.

the new IRA now also covers bidirectional charging equipment, which wasn’t in the previous credit. Bidirectional EV chargers charge your car using the electricity in your home, and they can also send energy from your car back to the grid or your house. Another change is that taxpayers can now claim credit for EV chargers for two- and three-wheeled vehicles, such as motorcycles.

IRS Form 8911 may give you an idea of how much you qualify to receive as a tax credit. Just make sure you save your receipts for when you file your taxes.

PNM Electric Vehicle Program

Thinking about purchasing an electric vehicle and wondering how to charge it? Looking to modernize your property or development with an Electric Vehicle Charging station? OE Solar is a Tesla & ChargePoint certified installer! Get plugged in and save money with the PNM Transportation Electrification Program.

OE Solar & PNM have teamed up and are working together to help you save time, energy & money by participating in the PNM Transportation Electrification Program. The PNM (TEP) program offers rebates and resources that make it simple to install EV supply equipment (EVSE) at your home or commercial location in New Mexico. Contact us using the form below to learn more about EV Charger installations

Request free quote and more information on Electric Vehcile Chargers

By submitting this request, you agree that the information you provide may be used by one of our associates from OE Solar to contact you about OE Solar products and services. Please review our privacy policy.