NEVI Formula Funding quick facts
Wyoming was allocated $3.9 million in 2022 and expects $5 million each year for the following four years for a total of $26.8 million for EV infrastructure. WYDOT will not own, operate or maintain the charging infratructure through the NEVI program. Instead, this funding will be used to incentivize private industry or local goverments to build the alternative fuel corridors, which are the interstates in Wyoming (I-25, I-80 and I-90).
NEVI funding can reimburse infrastructure costs incurred by NEVI station owners, including:
- Acquisition and installation of EV charging infrastructure and traffic control devices and signs
- Operation and maintenance of EV charging infrastructure for up to five years
- Data sharing about EV infrastructure to ensure long-term success of equipment installed under the formula program
- Development activities related to acquisition or installation