Alternative Fuels and EV-Recharging Property Credit
Administered by: New York Department of Taxation and Finance
Quick Summary
New York property owners can claim a nonrefundable tax credit of up to $5,000 or 50% of installation costs (whichever is less) when installing Level 2 or DC fast-charging equipment on their property, provided the equipment is used 50% or more for business purposes in New York and wasn't funded by pre-2015 grants. File Form IT-637 with your tax return for tax years beginning January 1, 2013 or later.
AI-generated summary • Updated 7/12/2026
Program Details
- Program ID
- 22212
- Last Updated
- 4/14/2026
Eligibility
Program Summary
The Alternative Fuels and Electric Vehicle Recharging property credit started on January 1, 2013, and is available to individuals and corporations who install electric vehicle recharging or refueling property. As defined, electric vehicle recharging property includes all of the equipment needed to convey electric power form the grid or another power source to an onboard vehicle storage system. The credit for each property installation is the lesser of $5,000 or 50% of the cost of the property. Interested corporations should fill out this form and all others should fill out this form. For more information, visit the program website.
Contact & Resources
Please verify current program details with the administering agency before making any financial decisions.