Plug In America has a great electric car subsidies and incentives resource on its website, but I figure a lot of people are not aware of it. It’s actually a map, and as you hover over each state, you can see a summary of financial subsidies and other incentives offered in that state. It’s definitely worth a look and a share.
To make this more than a one-paragraph article, here are some of the states with the best and most interesting incentives:
Colorado
- Up to a 75% tax credit on the cost premium of a fully electric cars (BEVs) or plug-in hybrids (PHEVs), with a max credit of $6,000.
- Sales tax exemption
California
- Up to $2,500 rebate for BEVs, $1,500 for PHEVs, and $900 for electric motorcycles and neighborhood electric vehicles (NEVs).
- Generally, special EV rates from electric utilities.
- Carpool lane access for BEVs. (Previously, for PHEVs as well, but the cap for them has been reached. However, that incentive may come back for new PHEVs.)
Washington
- BEVs exempt from state’s 6.5% sales tax.
- PHEVs exempt from state’s 0.3% motor vehicle sales tax.
- Charging station parts and labor costs also exempt from state sales tax.
Utah
- 35% tax credit on price of an EV, up to $1,500 for a BEV and $1,000 for a PHEV.
- Tax credit up to 50% of cost or $2,500 for an EV conversion.
- HOV lane access.
Illinois
- Rebate for 80% of the cost premium of buying an EV or converting a car to an EV, up to $4,000.
Massachusetts
- $2,500 rebates for purchasing or leasing an electric car or electric motorcycle.
Delaware
- $2,200 rebates for purchasing, leasing, or converting to an electric car.
- Up to $500 rebate for purchasing an EVSE.
Maryland
- Up to $3,000 income tax credit ($125/kWh of battery capacity).
- Up to $900 rebate for purchase and installation of EVSE (50% of cost).
- HOV access.
Tennessee
- $2,500 rebates for purchasing or leasing a fully electric car, $1,500 for a PHEV.
- Up to $500 rebate for purchasing an EVSE.
South Carolina
- Up to $2,000 rebates for PHEVs.
Florida (since it’s my home state)
- Carpool lane access in places for BEVs.
- Exemption from most insurance surcharges.
North Carolina (since it’s my main after-college home state)
- HOV lane access.
- Emissions inspection exemption. (Woohoo!)
Related:
EV Incentives EV Enthusiasts Think Are Most Enticing
EV Incentives Effective, Especially When Diverse
Question since Tennesse doesn’t have a state income tax how do the rebate work?
Thanks
Robert
Why don’t they list Arizona? We have 1 person Car Pool lane access 24/7, reduced registration, over 50 free charging locations and FREE EV parking in some areas .
You have to go to the PIA website to get the map to work. I’m also in AZ. Thanks for the article Zach, I wasn’t aware of this!