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Tax Changes are Coming for Electric Vehicle Charging Stations

News

June 9th, 2023 by Ric Hanson

(Des Moines, Iowa) – The Iowa Department of Revenue is reminding owners of non-residential electric vehicle chargers that new tax changes take effect July 1, 2023.

Owners of non-residential electric vehicle charging stations will be responsible for reporting and paying to the Iowa Department of Revenue two and six-tenths cents for each kilowatt hour ($0.026 per kWh) of electric fuel dispensed into an electric vehicle battery or energy storage device. Any business or organization, including local governments and nonprofits, that has a charging station for its employees or customers will need a license. Licensing and taxation does not apply to electric fuel dispensed at residences.

Visit the Department’s Electric Fuel Excise Tax guidance for more information about how to obtain a license and file and pay the tax. 

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