Side-by-side comparison of these two energy incentive programs. See which one offers better savings for your situation.
| Feature | Electric Panel Upgrade Credit | EV Charger Installation Credit (EVSE) |
|---|---|---|
| Type | Tax Credit | Tax Credit |
| Category | Electrical | Electric Vehicles |
| Amount | 30% up to $600 | 30% up to $1,000 |
| Max Amount | $600 | $1,000 (residential) |
| Level | Federal | Federal |
| Eligibility | Existing homes. Must be done to enable electrification improvements. | Must be in a low-income or rural census tract. Residential cap $1,000, commercial cap $100,000. |
| Applies To | Homeowners | Homeowners, businesses |
| Location | Nationwide | Nationwide |
| How to Claim | File IRS Form 5695. | File IRS Form 8911. |
| Expiration | Available through 2032 | Available through 2032 |
30% tax credit for electrical panel upgrades (200+ amp) needed to support electrification. Includes panel, sub-panel, branch circuits, and feeders.
Official source →30% tax credit for installing EV charging equipment at home. Covers Level 2 chargers and installation costs. Property must be in eligible census tract.
Official source →