Plug In America Urges Congress to Extend Tax Credits for Plug-In Vehicle Charging Infrastructure
Credits Set to Expire Dec. 31, 2010
FOR IMMEDIATE RELEASE
Zan Dubin Scott
SAN FRANCISCO, CA, Dec. 8, 2010—Plug In America is urging Congress to extend critical tax credits for plug-in vehicle charging infrastructure that are set to expire on December 31.
The tax credits, equal to 50% of the cost of an electric car charger up to $2,000 for consumers and $50,000 for businesses, have spurred early deployment of EV charging infrastructure across the United States.
“Congress must extend these tax credits, at stimulus-bill levels, to support rapid adoption of plug-in electric vehicles such as the Nissan Leaf and Chevy Volt, which are just hitting the road this month,” says Jay Friedland, Plug In America’s legislative director.
“These tax credits are directly stimulating our economy by creating installation jobs for electricians and construction workers in cities across America,” Friedland says.
Plug In America, along with plug-in vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate last year to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. Further, the nonprofit advocacy organization met with initial success in its advocacy for an extension of the credits in the proposed 2010 tax extenders legislation.
But this week's political negotiations over general U.S. tax policy have threatened the EV infrastructure tax credit extension, which now may be scaled back or eliminated. Plug In America is urging its supporters nationwide to tell Congress and President Obama to extend the credits at their stimulus levels for another three years or more: http://www.pluginamerica.org/evtaxcredit.
About Plug In America: Plug In America is leading the nation’s plug-in vehicle movement. The nonprofit organization works to accelerate the shift to plug-in vehicles powered by clean, affordable, domestic electricity to reduce our nation's dependence on petroleum and improve the global environment. For more information: http://www.pluginamerica.org.