EVSE Federal credit

planet4ever said:

mxp said:

Does anyone here know if the Federal Tax Credit for the EVSE installations will be extended into 2011?

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My personal opinion? The chance of that is slim to none ....

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If that were actually to turn out to be the case (which I'm not making a comment on one way or the other),
I can see very few people, if any, getting an AV EVSE installed (by AV). As it was, their quotes were inflated ...
dare I say, intentionally, with the fed credit in mind. If there were no fed credit after 2010, AV would have to
either drastically reduce their install and/or equipment cost, or they will be installing very few units in 2011
(except to the rich-and-famous types). Maybe then, they'd provide some reasonable installation quotes.

I think that come Jan-feb there will be quite a bit of regret for some that followed the AV route. Some not all.

Federal tax credit was reduced from $2K to $1K for 2011. AV postponement cost $1,000 for all those waiting to get their charging station installed by AV, like me.

DrE said:

Federal tax credit was reduced from $2K to $1K for 2011. AV postponement cost $1,000 for all those waiting to get their charging station installed by AV, like me.

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The 2K / 1K is the max credit. The credit has also been reduced from 50% to 30% - according to some reports.