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Charge at Work - Stay & Play

EV Charging Station Cost Scenarios

Non-networked Single Port EV Charger

*Non-networked stations do not have internet access. This means you can't collect usage data, monitor them for problems, balance loads during peak demand, or charge users a fee for plugging in.

*All costs and incentives are estimated and vary by location and installation needs.

Materials: $1,700
• EV charger approximately $700
• Additional materials including meter pedestal approximately $1,000

Labor: $1,300

Total Cost: approximately $3,000

Incentives:
• GCEA and Tri-State rebate: up to $750 ($250 for installation and $500 if enrolled in TOU rate)
• Federal tax incentive: 30% up to $30,000 off an EV charger plus installation costs through 12/31/21

Total Incentives: up to $1,425 (depending on federal tax credit amount)

Estimated Out of Pocket Cost: $1,575

 

Networked Dual Port EV Charger

*Networked charging stations are connected remotely to a larger network and are part of an infrastructure system of connected chargers.

*All costs and incentives are estimated and vary by location and installation needs.

Materials: $12,000: EV charger approximately $10,500 (includes 5-year data plan and warranty)
• Additional materials including meter pedestal approximately $1,500
Labor: $5,000

Total Cost: approximately $17,000

Incentives:
• Charge Ahead Colorado grant: $9,000
• GCEA and Tri-State rebate: up to $1,000
• Federal tax incentive: 30% up to $30,000 off an EV charger plus installation costs through 12/31/21

Total Incentives: up to $12,100 (depending on federal tax credit amount)

Estimated Out of Pocket Cost: $4,900

 

State of Colorado Grant Program

The Colorado Energy Office administers the Charge Ahead Colorado grant to support EV charging equipment.

  • 80% of equipment and labor costs up to $9,000 per networked multiport Level 2 EV charging station
  • 80% of equipment and labor costs up to $35,000 for a direct current fast charger (DCFC)
  • Three funding rounds per year: January, May, and October
  • GCEA can answer questions and provide guidance on grant applications.
EV Charging Infrastructure Development Checklist:
  • Determine project scope, budget, funding mechanism, and timeline using the following considerations:
  • Determine ideal project site, based on existing infrastructure and infrastructure needs
  • Determine the type and costs of charging equipment needed, typically a Level 2 station
  • Decide whether the stations will need to be networked, including if utilization data will be collected and if payment capabilities are necessary
  • Determine if a formal solicitation is needed
  • Choose a network and/or charging infrastructure manufacturer and provider
  • Identify installation needs and costs and find a certified electrical contractor
  • Apply for grant funding, rebates, and tax credits
  • Obtain required permits
  • Determine additional site needs, including signage and security
  • Assess charging infrastructure maintenance and operation needs and costs
  • Confirm the station is included on EV station finding apps, like www.plugshare.com