Incentives for Solar Panels and EV Chargers

There is growing recognition of the importance of utilizing sustainable resources such as sunlight, heat, and wind. While technological advancements are making products like solar panels and electric vehicles more affordable, some consumers may still be taken aback by the cost. However, investing in green energy is wise, given its benefits, such as a healthier and more beautiful planet for future generations.

To ease the transition, many loans, grants, rebates, and tax credits are available from both companies and governments. Remember that these incentives are subject to change, so it is important to stay current with the latest options. If you are interested in learning more about how to save money on renewable energy purchases, contact State Electric Company, where our knowledgeable staff can assist you in finding the most suitable cost-saving solutions for your situation.

Image of a residential Enel X Way JuiceBox EV charger

EV Charger Rebates

New plug-in and fuel cell electric vehicles purchased in or after 2023 are eligible for a tax credit of up to $7,500 for new vehicles. Used electric vehicles purchased from a dealer for $25,000 or less are eligible for a tax credit of up to $4,000. Specific requirements apply; check with your manufacturer for specific rebates and incentive information.

  • The US federal government offers a tax credit for purchasing a residential EV charger and installation, up to 30% or $1,000. You must purchase and install the Enel X WAY JuiceBox by December 31, 2032, and claim the credit on your federal tax return.
  • The Alternative Fuel Infrastructure Tax Credit (under Code 30C) gives qualifying businesses a 30% tax credit, up to $100,000 for electric charging infrastructure and other alternate fueling methods installed and placed in service from January 1, 2023, through December 31, 2032.
  • Every state and utility provider offers different incentives that change often. Please reference the U.S. Department of Energy, Energy Efficiency & Renewable Energy webpage, here for updated information.

Navigating these gateways can be confusing, and State Electric Company is here to help! We’re happy to consult with you to determine your electrical needs and propose viable and affordable solutions. Our team is committed to sustaining the electrification of the nation through renewable energy sources.

Icon of electrical pump for plug in EV charging

Michigan is partnering with DTE and Consumers Energy to offer these incentives and rebates:

Looking for More Rebates?

Solar Panel Rebates

The Investment Tax Credit (ITC) is a federal tax credit of 30% that can be claimed by investors in solar energy property, both residential (under Section 25D) and commercial/utility (under Section 48), to offset their tax liability. Homeowners who purchase and install solar systems can claim the Section 25D credit on their personal income taxes, while businesses involved in the installation, development, or financing of solar projects can claim the Section 48 credit. The ITC is a dollar-for-dollar reduction in income taxes based on the amount invested in solar property. This credit will remain unchanged until 2033 and is available only to solar panel owners who pay federal income taxes.

You may also enroll in Michigan’s credit program through Consumers Energy here called Michigan Renewable Energy Credit.

Icon of solar panel for collecting clean energy
State Electric is a top notch company. They did the installation of our home charger and were amazing. All of the staff were kind, responsive and a breeze to work with.

-Lori Heinz

I am so impressed by how courteous and professional this entire process has been. We had a lot of electrical work to be done and everyone was hardworking, respectful and efficient. I highly recommend them.

- Less (Residential)

Yesterday’s install went great. I am beyond impressed with the electrician’s professionalism. He explained everything he was doing in detail, provided a report and pictures for the inspector, AND cleaned up afterwards. I’ve had a lot of work done on my home over the last year and this was by far the smoothest item on the list.

- Blake C. (Residential)

Your guys were great, and I appreciate it! Importantly, the building inspector commented that the work he has seen that State has been doing has been top notch --- really appreciates the photos of the work performed. DTE meter installer, too, commented on how simple his job was as the guys did it all. Good luck and thanks!

- Rick S. (Residential customer: EV charger installation)

First off my city inspector couldn’t stop raving about the quality of work performed installing my two EV chargers, in fact he asked for their card. My personal experience could not have been better, great guys with an attention to detail that I appreciate. Pre install they answered all my questions promptly and completely. When finished they went over my new chargers with me and answered all my questions completely. Would definitely use them again for any electrical needs.

- Andrew Ronnisch

They sent Derek and Aedan out two journeymen. They were extremely efficient and knew exactly what they were doing. They managed to solve what appeared to be a complex problem and make it a simple solution and a short I’m out of time. They were in my home for less than 30 minutes. I had a master electrician out prior I wanted to rip my ceiling out in order to try to solve the problem. The quote was in the thousands. These two gentlemen knew what they were doing And did not gouge me. I have respect for true professionals. I highly recommend State Electric

- Maria Polowniak

We had State Electric out after another electric company had failed to diagnose a problem and tried to up-sell us into an unneeded workaround. Derek showed up and found the issue quickly and resolved it no problem no unnecessary cost involved. Highly recommend!

- Naftali Newman

If you need a ev charger, call no one else. Very knowledgeable and professional

- Kevin Germain

These guys did a great job. Easy quote process and scheduling of work. They showed up the day of the job, and did an excellent job. Very happy with the experience and will definitely use them again.

- Todd Pronger

Very nice folks. The estimate they gave me was half the price that others quoted. Thanks to Kirt Lobbestrel for doing the work... great job. Thanks to Anna Drake for helping me out when I had questions.

- Jackie Osbourn

I am so impressed by how courteous and professional this entire process has been. We had a lot of electrical work to be done and everyone was hardworking, respectful and efficient. I highly recommend them.

- Amy Childers

Duane and his staff have been a valuable part of my success over the last several years as a project partner on most of my developments. They have been a worry free turn key solution to all of my electrical and low voltage needs.

- Ernie Parison

Not every subcontractor you hire performs well enough to call a partner...State Electric is the one that I consider my partner. I can count on their performance, always, so I can worry about everyone else's. We've been working with Duane, Kurt, Eddie, and the office for 2.5 years now and hopefully more.

- Eric Bastian

They have amazing service and creative staff from the owner down. Very pleasant to deal with.

- Hal Franke

I would highly recommend State Electric for any electrical work needing to be completed. I hold Duane and his team in very high respect and will happily work with them whenever my company has a project in their area.

- Nicholas Paxson

They got the job done quickly at the price they quoted!

- William A. (residential EV charger install)

The installer was knowledgeable, knew what needed to be done, and was quick and neat with the installation.

- Ken L. (residential EV charger install)

Professional and efficient. Even after we received the inspection sticker from the city, State Electric came back to clear a comment from the inspector.

- Craig C. (residential EV charger install)

Great work...Arrived on time and completed the work within a couple of hours. Awaiting city inspection currently

- Surendra E. (residential EV charger install)

They were great guys who worked diligently!

- Edward W. (residential EV charger install)

Communicated clearly, efficient service, and was helpful with questions.

- Amy T. (residential EV charger install)

Knowledgeable, Friendly, and Easy to Work With.

- Christopher K. (residential EV charger install)

Professional, friendly, and courteous.

- Mark K. (residential EV charger install)

State electric installed an EV charging outlet including panel work and outlet install. Crew were very professional throughout. Worked with Todd on some changes and he went above and beyond to make sure everything was great. Appreciate the professional attitude throughout.

- Osama Nerok

Portrait of the best-in-class Enel X Way JuiceBox EV charger