Ameren Corporation

09/03/2024 | Press release | Distributed by Public on 09/03/2024 09:14

Last call to apply for Ameren Missouri’s EV charging station cost-share program

Applications for the company's Charge Ahead program are due by the end of the month

ST. LOUIS (Sept. 3, 2024) - Ameren Missouri is announcing that applications for its Charge Ahead program are due by Sept. 30. The program has approximately $700,000 remaining to share the costs with customers planning to install EV charging stations at multifamily locations or for public use.

"We've seen tremendous success with our Charge Ahead program over the years," said Becky Whitman, business development manager at Ameren Missouri. "Participating customers have seen it as a win-win for them because these charging stations can bring in additional revenue and dwell times for their businesses or attract new tenants to their rental properties."

Since 2020, the Charge Ahead program has accelerated the development of EV charging station infrastructure within Ameren Missouri's service area. Through the program, the company has successfully influenced the installation of more than 800 EV charging ports, with another 400 ports planned for installation by the end of the year.

Incentives from Ameren Missouri include up to 50% off the total project cost, or $5,000 for Level 2 ports and $20,000 for Level 3 ports (also known as DC Fast Chargers). The maximum number of qualifying ports at each premise will vary based upon the business type. Today, more than 2,000 EV charging ports can be found throughout Missouri.

By leveraging these incentives alongside federal tax credits, such as the Alternative Fuel Vehicle Refueling Property Credit, eligible customers can save up to 80% off project costs. Visit AmerenMissouri.com/EV for more information and to submit an application. Ameren Missouri must pre-approve the projects prior to construction to be eligible. Customers can also register online to attend a free webinar to learn more about how EV charging can help their business or property.

About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its 1.2 million electric and 135,000 natural gas customers in central and eastern Missouri. The company's service area covers 64 counties and more than 500 communities, including the greater St. Louis area. For more information, visit Ameren.com/Missouri or follow us at @AmerenMissouri or Facebook.com/AmerenMissouri.