Heinrich Welcomes Expanded Access to EV Charging Tax Credit
WASHINGTON – U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Energy and Natural Resources Committee and the co-founder and co-chair of the Electrification Caucus, joins advocates in New Mexico in welcoming last week’s guidance from the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) that will significantly expand access to the 30C Alternative Fuel Vehicle Refueling Property Credit.
“This tax credit will bring down the costs of installing the EV charging stations that we need to get more clean cars, trucks, and buses on our roads,” said Heinrich. “I’m pleased that the Treasury Department heeded our call to maximize eligibility for as many communities as possible. This inclusive guidance will make an enormous difference for communities and neighborhoods in New Mexico that are eager to tap into the incentives that we fought so hard to pass in the Inflation Reduction Act. As we see more and more chargers built all across our country, I’m confident that more Americans will choose to go electric.”
Background:
The 30C Alternative Fuel Vehicle Refueling Property Credit was increased through the Inflation Reduction Act and provides billions of dollars for alternative refueling infrastructure investments such as in-home EV chargers, zero-emission truck stops, public chargers, and adding zeroemission refueling to warehouses.
This announcement comes after Heinrich joined U.S. Senators Alex Padilla (D-Calif.), Catherine Cortez Masto (D-Nev.), and 12 other senators in December to call on Treasury and the IRS to maximize inclusive access to the 30C Alternative Fuel Vehicle Refueling Property Credit.
Heinrich has consistently fought for emissions reductions in the transportation sector. Earlier this month, Heinrich and the New Mexico Congressional Delegation welcomed nearly $68 million in competitive federal grant funding from the Bipartisan Infrastructure Law’s Charging and Fueling Infrastructure Discretionary Grant Program to build major new electric vehicle charging networks throughout New Mexico.
In an October letter, Heinrich, Padilla, and 13 other senators called on the Joint Office of Energy and Transportation to prioritize the deployment of zero-emission medium- and heavy-duty infrastructure as part of its core mission.
In September, Heinrich led 80 of his colleagues in writing a bicameral letter to the Environmental Protection Agency (EPA), urging the agency to finalize the strongest feasible greenhouse gas emission standards for heavy-duty vehicles as part of their Phase 3 rule.
In June, Heinrich, Padilla, and U.S. Representative Paul Tonko (D-N.Y.) hosted an electric truck showcase on Capitol Hill with members of the House Sustainable Energy and Environment Coalition (SEEC) and the bicameral Electrification Caucus to demonstrate market readiness and diverse technology available to accelerate the transition to medium- and heavy-duty EVs.
