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Colorado electric vehicle (EV) charging incentives for fleets

Offset EV charging project costs by up to 90% with statewide grants and the federal tax credit.


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Boost your business with EV charging incentives:

$3 million in funding is available through the Colorado Energy Office’s Fleet Zero-Emission Resource Opportunity (Fleet-ZERO) grant program for EV charging stations for light-, medium-, and heavy-duty fleets.

The rolling application is open year-round only for Qualifying Entities requesting $50,000 or less in funding and opens throughout the year for larger projects.

Grant award amounts and match

The maximum award per applicant for most projects will be between $250,000 and $500,000. A minimum match of 20% is required for most projects.
Fleet-ZERO - Standard and Rolling Application Incentives
Power level Incentive per charger Incentive per dual port charger Vehicle class eligibility Likely maximum funding Enhanced incentives
< 19 kW $3,000 $6,000 - $250,000 +$500
19-49 kW $5,000 $10,000 - $250,000 +$500
50-99 kW DCFC $35,000 $50,000 Class 4-8 $500,000 +$2,000
100 kW+ DCFC $50,000 $70,000 Class 4-8 $500,000 +$2,000

Eligible project costs

Funds can cover costs directly associated with the purchase and installation of EV charging equipment and infrastructure for fleets, as well as costs associated with the 5-year networking and 5-year warranty requirements of the program.

CEO will only reimburse eligible project costs incurred or contracted for after executing a Purchase Order or Contract with the Colorado Energy Office.

Eligible applicants

  • Light-, medium- and heavy-duty fleets (private, public, and non-profit)
  • Independent owner-operators
  • Fleet charging-as-a-service (CaaS) providers
  • Public and semi-public fleet charging providers

Qualified entities for enhanced incentives

The following qualifying entities are eligible for enhanced incentives and may submit rolling application requests for up to $50,000:
  • Disadvantaged Business Enterprises (DBE)
  • Minority Business Enterprises (MBE)
  • Small Business Enterprises (SBE)
  • Veteran-Owned Small Businesses (VOSB)
  • Women Business Enterprises (WBE)
  • Government Agencies
  • Non-profit Organizations
  • School Districts (Not available for electric school bus charging)
  • Tribal Entities

Colorado Electric School Bus Grant Program

New Battery Electric Vehicles (per vehicle, up to):

Non-bus student transportation Type A-B School Bus Type C-D School Bus
$10,000 $275,000 $375,000


Charging infrastructure (per port, up to): *

< 19 kW 19-49 kW 50-99 kW 100 kW+
Single Dual Single Dual Single Dual Single Dual
$3,500 $7,000 $5,500 $11,000 $37,000 $52,000 $52,000 $72,000

*Charging amounts other than those offered by infrastructure programs at the Colorado Energy Office.

Miscellaneous (fixed amounts):

Scrappage Project Start-up High Voltage Training
$1,000 $1,000 $6,000


School Bus Conversions

Conversions of existing fossil-fueled powered vehicles into battery or fuel-cell electric powered vehicles will be considered on a case-by-case basis. Fleets interested in a full conversion will have the opportunity to provide additional information on their intent as part of the application process.

School Bus Conversions (per vehicle, up to):

Type A-B School Bus Type C-D School Bus
45% of total conversion cost 55% of total conversion cost

Federal tax credit

If you purchase charging stations from Jan. 1, 2023 to Dec. 31, 2032, your organization may be eligible to receive a 30% tax credit up to $100,000 per station under the 30C Alternative Fuel Infrastructure Tax Credit. Commonly referred to as the “federal tax credit,” the credit now requires applicants to be located in designated census tracts.

Ready to talk to an expert? Tell us more about your project.

We’ll support your qualifying project each step of the way, including helping you with the incentive program application. 



Why ChargePoint

ChargePoint is the largest electric charging network for businesses, fleets and drivers.

74%

of Fortune 50 companies are ChargePoint customers

274,000+

activated ChargePoint ports

565,000+

ports via roaming

0:01

EV drivers plug into the ChargePoint network every second

National Grid covered more than 80% of the upfront infrastructure and installation costs for the five stations. Because PPR Energy Solutions is a certified installer, we could assign our rebate to go directly to them without ever actually having to pay those upfront costs out of pocket.

Russell Tabone
Dealer, Operator and General Manager, Fuccillo Hyundai