Level 1 chargers run off a standard 120V outlet. They are slow. Level 2 chargers need a 240V high current outlet. It's what most home chargers are Level 2. There's also Level 3, which is what a lot of fast public chargers use.

From https://www.energy.gov/energysaver/articles/ev-charging-home:

All mass-produced electric vehicles today include a 110-volt-compatible (Level 1) charging unit which is able to be plugged into any standard 110v household outlet. … For an eight-hour overnight charge, this will enable traveling around 36 to 40 miles which is great for people who drive less than 50 miles (80 km) a day.

Compared with Level 1 charging, a Level 2 charge takes about half the time - providing about 180 miles of range over an eight-hour overnight charging period.

From https://www.forbes.com/wheels/advice/ev-charging-levels/:

A Level 2 charger needs a dedicated 240-volt circuit like that of an electric clothes dryer or electric kitchen range. In some instances, you can even share the existing circuit that powers the electric clothes dryer with your Level 2 EV charger if it’s located in your garage, or nearby.

From https://www.forbes.com/wheels/advice/ev-charging-levels/ (emphasis added):

Installation typically ranges from \$200 to \$1,000, and into the thousands if you require a service upgrade to add the additional circuit needed. It’s wise to consult the advice of a licensed electrician before purchasing an EV, so you know exactly how much it will cost to install the home charging equipment in advance.

From https://www.consumerreports.org/cars/hybrids-evs/how-to-choose-the-best-home-wall-charger-for-your-electric-vehicle-a6908889697/:

The national average installation cost is between \$518 and \$1,273, according to HomeAdvisor, but could rise to thousands of dollars if you need your wiring upgraded or if you have a charger installed far from your main electrical panel. There are state and federal tax credits that can help you pay for this cost, and some utility companies will also give you a rebate. CR members can use CR’s EV Incentive Finder to see how much money they can save based on where they live.

From https://www.forbes.com/advisor/personal-finance/ev-charger-tax-credit/:

During the 2023 tax season, taxpayers are eligible for a credit of 30% of the hardware and installation costs for EV chargers installed at their homes in 2022. It’s a one-time, nonrefundable tax credit for a maximum of \$1,000.

Residential EV chargers can cost anywhere from \$200 to well over \$1,000, depending on the type of charger and the brand. Hiring an electrician to install the charger can cost between \$300 to \$1,000, depending on the charger, voltage and what work needs to be done.

Some people may need to update their electricity panel to accommodate the new charger, which could drive up the installation costs (covered by the credit). You may also need to get a permit to install your charger—another fee that can boost the price of installation.

IRS Form 8911 may give you an idea of how much you qualify to receive as a tax credit. Just make sure you save your receipts for when you file your taxes.

From https://www.kiplinger.com/taxes/605201/federal-tax-credit-for-electric-vehicle-chargers:

Essentially, if you install a home EV charging station, the tax credit is 30% of the cost of hardware and installation, up to \$1,000.

I can't find any information on Minnesota state-level rebates or credits. It doesn't mean they don't exist though.

Accelerate at Home is their program for home EV charging. This page mentions a Home Wiring Rebate, but the link says nothing about it.

https://ev.xcelenergy.com/incentives: links to federal and state incentives.

https://ev.xcelenergy.com/used-vehicles: helpful (?) summary of cars and typical incentives.

Apparently, there are state-level EV incentives as well as federal.

From https://mn.gov/commerce/energy/consumer/energy-programs/ev-rebates.jsp

USED electric vehicle with a cost of \$25,000 or less (not including taxes and fees) could qualify for up to \$600 state rebate

The State of Minnesota has limited funds to provide rebates for electric vehicles (EVs). When the program launches, completed applications will be reviewed on a first-come, first-served basis.

From https://www.energy.gov/save/drivers for used cars:

Incentive Type: Tax Credit

Incentive Amount: Up to \$4,000 for eligible buyers of qualified, previously-owned clean vehicles

How to Access: Submit IRS Form 8936 when filing your taxes if you meet the requirements detailed on IRS.gov. Visit FuelEconomy.gov for a list of eligible used vehicles.

⚠️ There are eligibility requirements for both the consumer and the vehicle.