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Multifamily Property Rebate

charging stations

As electric vehicles become more mainstream, property owners and managers see the benefits of installing EV charging stations to attract and retain tenants.

To help you improve your property's value and take advantage of savings, Atlantic City Electric is offering rebates up to 75% of electrical upgrade costs – or a maximum of $5,000 per charging port – for a maximum of 10 charging ports per location.

Multifamily properties located in overburdened communities may be eligible for rebates up to 100% of the electrical upgrade costs or a maximum of $6,700 per charger. Contact us to see if your property qualifies.

Work completed by a licensed electrician after February 17, 2021, is also eligible for a rebate.

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Equipment Eligibility:

  • Limited to new EV charging stations.
  • Limited to installations of new Level 2 charging stations at multi-family dwellings located in Atlantic City Electric's service territory.
  • Limited to incremental costs associated with new charging stations.
  • Limited to installation of new qualified smart Level 2 chargers with rated nameplate capacity of at least 3.8kW.
  • Requires installation of standard SAE J1772 Level 2 connector.

Program Eligibility:

  • Rebate to be capped at 75% of make ready costs up to $5,000 per charging port for market rate multi-family dwellings; up to 100% and $6,700 per charging port for multi-family dwellings situated in overburdened communities.
  • Charging stations must be located in areas accessible to all EV drivers who are residents of the multi-family dwelling.
  • Rebate to be limited to a maximum of 10 charging ports per site.
  • A customer cannot account for more than 20% of total program budget in totality for all of a customer's locations.
  • Electrical work to be completed by a licensed electrician.
  • Customer must share charging data from chargers that receive rebate with Atlantic City Electric as a condition of receipt of incentive.
  • Customers are permitted to determine charging prices for EV drivers
  • Terms of the charger rebate program are February 17, 2021, to December 31, 2026, or until program funds are fully exhausted.

Questions?

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