Tax credits for buying and installing electric vehicle charging stations
Official: S4558 — Provides corporation business tax credit and gross income tax credits for purchase and installation of certain electric vehicle charging stations.
Reading: The bill creates a new financial incentive (tax credits) to expand electric vehicle charging infrastructure, which supports clean-energy adoption and reduces transportation emissions.
The goal is to make it cheaper and more attractive for people to set up EV charging infrastructure.
In clear language
New Jersey proposes to give tax breaks to businesses and individuals who purchase and install electric vehicle charging stations. These credits would reduce the amount of taxes owed by companies (through corporate tax credits) and by residents (through income tax credits). The goal is to make it cheaper and more attractive for people to set up EV charging infrastructure.
How does this affect you?
Pick the type of resident or organization you most identify with — we'll generate a plain-language breakdown of what changes for you and what you can do about it.
Who does this affect?
- Businesses that buy and install EV charging equipment
- Individual homeowners and property owners considering EV chargers
- Electric vehicle owners who need access to charging stations
- New Jersey's state tax revenue (modest reduction from tax credits)
What can you do?
- If you own a business or property, track this bill's progress to see if you may qualify for a tax credit when installing a charger
- If you own an EV or plan to, monitor the status of this bill—it could lower the cost of home or workplace charging access
- Contact your state senator to express support or concerns about using tax credits to encourage EV charging
Timeline
- 2026-09-28: Bill introduced in Senate
No New Jersey official has a verified action on this policy yet.
Related policies
- NJ LegislatureSep 28, 2026Tax credits for buying and installing electric vehicle charging stations
New Jersey is proposing to give businesses and individuals tax credits when they purchase and install electric vehicle charging stations. This would make it cheaper for people to set up the charging infrastructure needed to support electric vehicles. The bill is currently being reviewed by the Senate Environment and Energy Committee.
- NJ LegislatureSep 28, 2026New Jersey Electric Vehicle Charger Safety and Installation Rules
New Jersey updated rules for installing and approving electric vehicle chargers (the equipment that charges EV batteries). The law streamlines the approval process by removing some old requirements while keeping all the safety inspections and public health protections in place. This makes it faster and easier to set up EV chargers around the state.
- NJ LegislatureAug 27, 2026EV Charging Station Standards Based on Power Levels
This law sets flexible rules for how electric vehicle charging stations and parking spaces must be built in New Jersey, allowing developers to meet requirements based on different charging power levels instead of a one-size-fits-all approach. The standards make it easier for businesses and property owners to install charging equipment by offering different compliance options. This is meant to speed up the growth of EV charging infrastructure across the state.
- NJ LegislatureAug 27, 2026New Rules for Installing Electric Vehicle Charging Stations and Parking Spaces
New Jersey passed a law that sets up different requirements for businesses and developers who build electric vehicle charging stations and ready-to-charge parking spaces, depending on how powerful the chargers are. The law gives companies flexibility in how they meet charging infrastructure goals by allowing alternative compliance options based on charging capacity. This makes it easier for New Jersey to expand access to EV charging across the state.