TEQlease Capital Works with McDougall Capital Consulting to Advise on Tax Breaks, Rebates and Equipment Financing for Electric Vehicle Charging Stations

The ability to finance electric vehicle charging stations, combined with Federal and other tax credits, can make installing EV charging stations a no up front cost option. That is why TEQlease Capital works with McDougall Capital Consulting to help customers analyze the true economics of installing EV charging stations.

McDougall Capital Consulting provides tax consulting on an independent basis, helps to set up financing for EV charging stations, determines optimal financing solutions and structures customized to specific requirements, all to maximize cashflow and to minimize tax burden. TEQlease Capital* offers longer-term leases and low rates, which helps cut monthly costs significantly compared to other lease financing options.

Federal tax credits are applicable to EV charging station installations: up to 30% of an EV unit’s cost, and up to $30,000 per location, could be claimed as a federal tax credit. This federal tax credit can be combined with utility company rebates to further reduce final cost. Combining tax credits and rebates with a good lease finance program can sometimes create a completely cash-positive EV charging system, with no up front cost. MCC can even help sell applicable carbon offset credits where available.

TEQlease Capital works with McDougall Capital Consulting to advise on equipment financing solutions and rebates for electric vehicle charging stations. When faced with the current reality of the market shifting to electric vehicles, governments and businesses are preparing to take advantage of these factors, and begin installing EV charging stations now

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions and federal, state and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, visit https://www.teqlease.com or call (818) 222-1006.

*TEQlease does not provide tax or financing advice. A tax professional such as McDougall Capital Consulting should be consulted before making financial decisions with tax ramifications.