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FLORIDA - Duke Energy Florida has launched new incentives to support electric vehicle (EV) adoption as EV sales surge 28% in early 2025.
The company is offering financial credits to customers installing EV charging infrastructure and using off-peak charging hours, while businesses can receive funding for fleet electrification studies.
Residential and business customers can benefit from the Charger Prep Credit Program, which provides a one-time credit to offset the cost of installing the necessary electrical infrastructure for Level 2 or higher EV chargers.
Residential customers who charge their vehicles during off-peak hours—weekdays from 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m., plus weekends and holidays—can earn a $7.50 monthly credit.
Businesses looking to transition their fleets can receive up to $12,000 for an electrification study under the Fleet Advisory Program.
Although Florida does not offer a statewide EV tax credit, federal incentives remain, including up to $7,500 for new EV purchases and $1,000 for home charger installation.
However, the future of these incentives is uncertain.
On his first day in office, President Donald Trump signed an executive order to review and potentially eliminate EV subsidies, causing concern in the industry.
Meanwhile, Tesla faces declining sales and stock struggles, partly linked to federal budget cuts and Musk’s political controversies.
Despite policy shifts, U.S. EV sales continue to rise, with a 30% increase year-over-year as of February 2025.