Alberta: Revenue from clean fuel credits with EV chargers

This post is the main article for the Incentives for EV Charger Installation series of articles.

You can go to the main article to view earnings in different Canadian provinces.

Use Case: Alberta

For 100,000 kWh of energy supplied per year

It is difficult to quantify what 100,000 kWh is equivalent to. As a result, we have listed a few real-world examples at this post.

 Heavy-DutyLight-DutyMarine
Number of CFR Credits
per year (avg.)
724515
Number of CFR Credits
over 5 years
39525395
Number of CFR Credits
over 10 years
735460155
CFR Credit Price
(conservative estimate)
$150/credit$150/credit$150/credit
GROSS REVENUE
per year (avg.)
10,8126,725$2,187
Transaction and
Admin Fees*
25 to 10%, sliding
scale by volume
25 to 10%, sliding
scale by volume
25 to 10%, sliding
scale by volume
NET REVENUE
per year (avg.)
$8,109.38 –
$9,730.80
$5,043.75 –
$6,052.50
$1,640.63 –
$1,968.30
NET REVENUE
over 5 years
$44,437.50 –
$53,325.00
$28,462.50 –
$34,155.00
$10,687.50 –
$12,825.00
NET REVENUE
over 10 years
$82,687.50 –
$99,225.00
$51,750.00 –
$62,100.00
$17,437.50 –
$20,925.00

*Transaction and administrative fees: As with all regulated carbon markets, credits must be verified by a 3rd party auditor, which adds significant costs. However, Rewatt’s model is to work on a sliding fee schedule based on an organization’s volume. This is most beneficial for fleets or network operators.

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