Electric Vehicle Information

Electric Vehicle Incentives and Resources

(The Town of Erie does not manage your electric utility. Call your utility provider directly for more information. Find your utility provider here.)

Tax Credits:
- Colorado Tax Credits:
  - $5,000 tax credit (beginning July 1st 2023 for vehicles up to $80,000 MSRP)
  - Additional $2,500 for EVs under $35,000 beginning January 1st 2024
  - $1,500 for 2-year minimum leases
  - $4,000 or 30% of purchase price for used EV's.
- Federal Tax Credits:
  - Up to $7,500 federal tax credit for new EV (see various requirements to receive full amount)
Xcel Energy Rebates:
- $500 rebate for purchasing and installing an EV charger. Income qualified customers can qualify for up to $1,300 rebate.
- Income qualified rebates up to $5,500 when purchased or leased from a Colorado-based car dealer
United Power:
- Rebate toward the cost of a level 2 vehicle charger. 50% of cost up to $1,000 for United EV Program participants.
Alternative Fuels Data Center - repository of all local, statewide, and federal incentives.

Erie is Committed

The Town of Erie is committed to increasing the number of electric vehicles on the road and improving charging infrastructure in the Town. To support this, the Public Works Department and Sustainability Division now offer public electric vehicle charging stations for the community's use. These charging stations are available 24/7 and are part of the ChargePoint network. Erie has a goal to partner with local electricity providers, counties, and neighboring municipalities to create a cohesive EV charging network and install 25 publicly available charging stations by 2025.

To access and use the ChargePoint stations, download the ChargePoint app and follow instructions to create an account.

The cost of charging your electric vehicle is $0.15/kWh and can be covered with a credit card or through the ChargePoint app. All vehicles can be left at the charging station for up to 4 hours & 15 minutes. After this time a $25 charge will be applied to your account with a maximum charge of $35. Spaces are intended to be a shared community asset and this system helps encourage that shared use.

To report a combustion engine vehicle parked at the EV charging station, please call the non-emergency police dispatch line at 303-441-4444.

Regional Transportation Electrification Plan

Erie participated in creating Boulder County's first Regional Transportation Electrification Plan.
- Executive Summary
- Regional Transportation Electrification Plan (completed August 8, 2022)

FAQs

Why should I consider an electric vehicle?

The more our community upgrades to electric vehicles, the less tailpipe emissions there will be and the better the Town’s air quality will become. EVs also have many cost benefits, are fun to drive, and are more energy efficient than conventional vehicles due to the fact that:

EVs do not emit tailpipe pollutants and because of this contribute to better local air quality.
The cost of maintaining EVs is minimal compared to traditional vehicles.
Cost comparison of miles per kilowatt-hour (kWh) and miles per gallon of gasoline or diesel show significant cost savings while driving an EV.
As an owner of an EV, you will know your carbon footprint is less than a non-EV driver.
With more public charging stations being activated each month and the freedom to charge your vehicle at your own home, there is no need to go to a gas station anymore.

Erie’s Sustainability Plan identifies “Encouraging the use of electric vehicles by providing incentive to purchase vehicles and installing publicly available charging stations” as a priority in the Transportation Sector and “Increasing the share of electric vehicles registered in the community by 25% by 2025 (with a stretch goal of 50%)" as a target.

Is the Town electrifying its fleet of vehicles?

Absolutely! The Town currently has three electric vehicles and, “Switch(ing) government fleet vehicles to electric vehicles or other high-efficiency vehicles within the replacement cycle (or sooner) and when appropriate models are available” is a High Priority Level Strategy in the Sustainability Plan’s Transportation Sector.

What is an electric vehicle?

An Electric Vehicle (EV) is a type of vehicle that runs on electricity, powered by rechargeable battery packs. There are two main types of EVs:

Battery electric vehicle - all power is stored in a battery.
Hybrid electric vehicles - have a down-sized internal combustion engine in addition to the battery.

What is the first step to researching EVs?

Each individual dealer should have the most updated tax credit information, costs, and savings. Before you visit a dealer, if you are interested in comparing prices of total cost of ownership (TCO) you can visit Drive Electric NoCo. TOC is more accurate than MSRP because it shows the full cost of ownership and operation of the vehicle over five years.

How much tax credit is available for EVs?

Charging Station Credits

Erie residents and businesses that install electric vehicle charging stations may be eligible for a federal tax credit* for Alternative Fuel Vehicle Refueling Property. This may include a credit of up to $1,000 for the purchase and installation of a charging station for personal use. Additionally, federal law allows a 30% percent tax credit, capped at $30,000, for business/investment use per site.

Alternative Fuel Vehicle Refueling Property Credit
Alternative Fuel Vehicle Refueling Property Credit: IRS Form 8911
*This credit is not available to towns, cities, schools, or other non-taxpayers.

Vehicle Credits

Fueleconomy.gov offers an updated list of tax credits per vehicle that you can visit. Plugstar also offers a database of tax credits in our area.

Are there reduced financing options for EVs?

Local Credit Unions such as Colorado's Clean Energy Credit Union offers low APR loan options for qualified buyers. Check out the current rates and learn how you can take advantage of them to purchase or refinance a clean energy vehicle. New members can also qualify for this loan, so spread the news to fellow clean energy enthusiasts.

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