Find out more about the BC Hydro EV charger rebate program!
Electric vehicle ownership has continued to climb year over year, and nowhere is this more true than in British Columbia. BC surpassed 30,000 EVs on the road in 2019, and we’ve continued to see exponential growth in EV ownership since then. One of the biggest reasons for this has been the BC Hydro EV charger rebate program, which helped countless property owners add EV chargers to their home or business.
After running out of funding in February of this year, the BC Hydro EV charger rebate has now been renewed and expanded, providing incentives for BC residents to install EV chargers once more. As EV charging experts, TCA Electric has kept up to date with developments when it comes to EV charging rebates. In today’s post, we’re sharing more information about this green program and its benefits!
Continued rebates for home EV chargers
As before, the BC Hydro EV charger rebate program offers incentives to buy and install electric vehicle charging stations in both homes and businesses. These rebates are intended to make at-home EV charging more affordable and accessible for homeowners.
BC homeowners can receive rebates of up to $350 for 50% of the cost to purchase EV charging devices and install them in their home. This applies to those in single-family homes, as well as duplexes and townhouses with individual garages or dedicated parking.
Multifamily EV charging rebates
One of the major additions BC Hydro made to their EV charger rebate program is support for EV charging adoption at multifamily residential complexes. This includes support for EV chargers, EV charging infrastructure, and creating an “EV Ready” plan. Here’s how these rebates break down:
Similar to the rebates for home EV charging stations, rebates are available to cover the cost of purchasing and installing EV chargers at multifamily residential complexes. This rebate covers up to 50% of the cost of eligible EV chargers, to a maximum of $1,400 per charger and $14,000 per building.
Not every building is prepared to support EV charging capabilities, and so the BC Hydro rebate plan provides for this in a couple of ways. The first is the EV Ready plan rebate, which covers up to 75% of the costs of creating a professional document (from a licensed contractor) that outlines a plan for making a multifamily residential complex “EV Ready.” Creating this plan is a prerequisite for the EV Ready infrastructure rebate.
EV Ready infrastructure
To adequately prepare certain multifamily residential buildings to support EV charging stations, several upgrades may be necessary to the building’s wiring, service, and more. The EV Ready infrastructure rebate provides funds for these necessary upgrades, covering up to 50% of costs, up to a maximum of $600 per parking spot and $80,000 for the entire project.
EV charging expertise and advising
As EV charging technology is fairly new, it’s understandable that not everyone is an expert when it comes to necessary upgrades, budget expectations, and available charging options. The BC Hydro EV charging program has planned for this as well, providing up to five hours of advice and planning assistance for free to property managers of apartment and condominium complexes.
While this is not a substitute for a consultation with a professional electrician, it can certainly help property managers get started with the process of upgrading their building with EV charging capabilities.
TCA Can Help You Benefit from the BC Hydro EV Charger Rebate!
At TCA Electric, we’re excited for the future of electric vehicles, and we’re delighted to see so much support from BC Hydro for homeowners and building owners looking to install the upgrades necessary to charge right from home.
Whether you’re a business owner, homeowner, or property manager for an apartment or condominium, the EV charging experts at TCA Electric can help you get the most from BC Hydro’s renewed EV charger rebate program. We offer expert EV charger installation services, and we’re also happy to provide information on available options. Contact us today to schedule a consultation with one of our licensed and qualified professionals!