Cities Encouraging Electric Vehicle Use

electric vehicleEvery business should consider adding electric vehicles to their existing fleet. Colorado based Project FEVER, funded by a grant from the U.S. Department of Energy, assists Colorado businesses in making the transition to using electric vehicles. explains Project FEVER:

“Project FEVER (Fostering Electric Vehicle Expansion in the Rockies) will create a readiness and implementation plan to increase electric vehicle (EV) and electric vehicle supply equipment (EVSE) adoption across the state of Colorado. Through a collaborative research and analysis process, the project will identify market barriers to EV penetration and develop strategies to overcome these barriers in the transportation and utility sectors”

electric_ride_logoThe project spawned a campaign called Electric Ride Colorado that educates residents and businesses about electric vehicles. Its’ website suggests the Ford Transit electric vehicle for business fleets that require short routes. Taking advantage of this resource is a great way for businesses to make that first step toward moving to an all-electric fleet.

The city of Indianapolis is also taking strides to encourage electric vehicle use. It recently announced it plans to become the first city to use only electric and hybrid electric vehicles for its’ fleet. Mayor Greg Ballard is quoted in the Grand Junction Free Press  as stating, “Taxpayers could save $12,000 over the 10-year lifespan of each new electric and plug-in hybrid”. The same article explains how the city is also urging automakers to make a plug-in hybrid police car.

According to a recent article by the New York Daily News, global electric vehicle sales expected to increase by 3.8 million in 2020. Contact us to learn more about greening up your automobile fleet and learn how we can help with your sustainability plan.

Sustainability Initiatives and Tax Incentives

A report by Ernst and Young, Working Together: Linking Sustainability and tax to reduce the Cost of Implementing Sustainability Initiatives, was released in early 2012 just in time for tax season. If you missed this report, you might want to download it to be prepared for 2012 tax time. There are some good tax incentives, both federal and state, for businesses that are supporting green and sustainable initiatives. Ernst and Young reported that companies were missing some good environmental tax incentives because of disconnects between sustainability professionals and the finance and tax experts. It pays to understand what companies are entitled to make sure initiatives are in alignment.

The IRS also has a page on green tax incentives for residential homeowners. It includes residential energy property credit for energy efficiency improvements, plug-in electric vehicle car purchases or conversions and purchasing of a hybrid vehicle.