According to Elektrek, in 2022 the Inflation Reduction Act revamped tax credits for EV charging stations in the US altering how Americans and businesses benefit from discounts. Previously, these credits were applied to each location where a charger was installed. However, the Inflation Reduction Act extends the discount directly to each charger. As a result, homeowners looking to set up their charging stations can enjoy a maximum discount of $1,000, while businesses stand to gain even more with discounts of up to $100,000 since January 1, 2023.

The 30C EV charging tax credit requires residency in eligible census tracts often low-income or non-urban areas. Approximately two-thirds of Americans reside in these zones. While a tool from the US Department of Energy and Argonne National Laboratory aids in eligibility determination consulting a tax professional is advised. This tax credit, under the Inflation Reduction Act is vital for nationwide expansion of EV charging infrastructure and promoting electric vehicle adoption. Criticisms regarding eligibility criteria highlight concerns about equitable distribution but ensuring its effectiveness remains crucial for meeting ambitious EV adoption goals.