![]() That amount is set to drop to $2,000 next year. StateĬolorado’s tax credits are a lot easier to navigate: Simply buy a qualified vehicle and you’ll receive a $2,500 tax credit (or $1,500 for a two-year-minimum lease), which can often be applied at the time of sale. The law also creates a new credit for used EVs and removes a provision that limited the credit to manufacturers that have sold fewer than 200,000 EVs-meaning Tesla and General Motors models are back on the menu. It sets income restrictions for buyers ($150,000 for single filers, $300,000 for joint, and $225,000 for heads of households) price caps ($55,000 for a sedan and $80,000 for SUVs, trucks, and vans) and a restriction that final assembly be done stateside. There’s been a $7,500 federal EV tax credit since 2008, but at press time, the Inflation Reduction Act was poised to change things next year. And depending on the car you purchase, Davila says, Centennial Staters could pay a lot less thanks to hidden savings (maintenance costs are around half that of gas-powered vehicles) and state and federal tax credits. But while the average price of a new EV was a hair above $60,000 in February (nearly $15,000 more than a typical new vehicle), according to car shopping resource Edmunds, new models such as the 259-mile-range Chevy Bolt can be had for around $30,000. “A lot of what scares people about EVs is the upfront cost,” says Julia Davila, communications and engagement manager for Drive Clean Colorado, a nonprofit focused on breaking down the barriers to EV adoption. Good For: Road trips where you don’t want to wait four hours to get back behind the wheel.Įach charging network (think Shell or BP, but for EVs) has its own app, which can be required to start charging, so it’s a good idea to make sure you download the ones you’ll need before you hit the road. Tesla has even announced plans to open its proprietary Level 3 Supercharger network to non-Tesla EVs by the end of the year. Where You’ll Find Them: Major travel arteries such as I-70 and U.S. Time To Full Charge: 20 minutes to 1 hour Good For: Overnight recharges or topping off for the trip home from the trail during a long lunch. As of May 1, Colorado had 3,424 Level 2 charging ports. Where You’ll Find Them: At hotels, restaurants, small businesses, public libraries, etc. According to AAA, the typical American only drove 31.5 miles a day in 2019, so if you charge at home overnight, a Level 1 cord is usually all you’ll need. Any 120-volt wall outlet can be a Level 1 charger if you keep your charging cable in your frunk (front trunk). While your EV’s integrated navigation system or your favorite EV-specific route-planning app will take the different types of charging stations-many paid, some free-along your path into account when calculating your ETA, knowing the difference between the three charging levels could save you time and headaches. What You Need to Know About Charging Levels Curious Theatre Company Has a New Leaderħ Leaf Peeping Road Trips Perfect for Electric Vehicles.A Women-Driven Workspace Opens in Denver.4 Must-Order Goodies at Bánh & Butter Bakery Café.Kween Werk Tackles Injustice on TikTok-And IRL.Local Gear That Will Have You Leaf Peeping With Panache.
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