State Funding, Tax Credits, & Rebates: District of Columbia PEPCO Residential Time of Use Rate - Electric Vehicle Program - DC If you are a Pepco residential customer and drive an electric vehicle, you may be eligible for our whole house time of use rate. By shifting your home’s energy usage (including EV charging) to off-peak hours, you can take advantage of lower rates and save on your electricity bill. You can also choose to receive your energy from 100% renewable sources. For more information, see the PEPCO - DC website. Alternative Fuel Vehicle (AFV) Conversion and Infrastructure Tax Credit Businesses and individuals are eligible for an income tax credit of 50% of the equipment and labor costs for the conversion of qualified AFVs, up to $19,000 per vehicle. A tax credit is also available for 50% of the equipment and labor costs for the purchase and installation of alternative fuel infrastructure on qualified AFV fueling property. The maximum credit is $1,000 per residential electric vehicle charging station, and $10,000 per publicly accessible AFV fueling station. Qualified alternative fuels include, ethanol blends of at least 85%, natural gas, propane, biodiesel, electricity, and hydrogen. This incentive expires December 31, 2026. For more information, see the Office of Tax and Revenue website. |