Incentives

Incentives

These incentives are subject to change and users are encouraged to inquire directly with incentive administrators. The information on this page should not be viewed as an official or legally binding document. Other requirements or exceptions may apply. For more detailed information, please consult an IRS tax representative and/or official IRS publications.

Select your location to learn more about incentives for the purchase and ownership of an electric car.  EV incentives may include financial incentives such as tax credits and other rebates, free parking, access to high occupancy commuter lanes, insurance and utility incentives.

Financial Incentive
HOV
Insurance Incentive
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Parking Incentive
Private Charging Incentive
Utility Incentive
Utility Incentive

Plug-in hybrid-electric vehicles (PHEVs) purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. New purchased or leased vehicles eligible. Phase out begins after 200,000 vehicles per manufacturer

Incentive Administrator: U.S. Dept. of Energy
Incentive: Financial Incentive

Fueling equipment for natural gas, liquefied petroleum gas (propane), liquefied hydrogen, electricity, E85, or diesel fuel blends containing a minimum of 20% biodiesel installed between January 1, 2015, and December 31, 2016, is eligible for a tax credit of 30% of the cost, not to exceed $30,000. Permitting and inspection fees are not included in covered expenses. Fueling station owners who install qualified equipment at multiple sites are allowed to use the credit towards each location. Consumers who purchased qualified residential fueling equipment prior to December 31, 2016, may receive a tax credit of up to $1,000. Unused credits that qualify as general business tax credits, as defined by the Internal Revenue Service (IRS), may be carried backward one year and carried forward 20 years. For more information about claiming the credit, see IRS Form 8911, which is available on the IRS Forms and Publications website. (Reference Public Law 114-113; 26 U.S. Code 30C and 38; and IRS Notice 2007-43 (PDF))

Incentive Administrator: IRS
Incentive: Financial Incentive

For Eligible BMW i3 Drivers

ChargeNow DC Fast, offered by BMW in cooperation with EVgo, now allows eligible BMW i3 drivers in participating markets to enjoy 24 months* of no cost charging for the BMW i3 using the ChargeNow card, as follows:

No cost, unlimited 30 minute, DC Fast Combo charging sessions at EVgo Stations, and
No cost, unlimited 1 hour, Level 2 charging sessions** at EVgo Stations.

Check website for markets within the state.

Incentive Administrator: ChargePoint
Incentive: Private Charging Incentive

A tax credit is available for the purchase of a new qualified plug-in electric drive motor vehicle that draws propulsion using a traction battery that has at least five kilowatt-hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross vehicle weight rating of up to 14,000 pounds, and meets specified emission standards. The minimum credit amount is $2,500, and the credit may be up to $7,500, based on each vehicle's traction battery capacity and the gross vehicle weight rating. The credit will begin to be phased out for each manufacturer in the second quarter following the calendar quarter in which a minimum of 200,000 qualified plug-in electric drive vehicles have been sold by that manufacturer for use in the United States. This tax credit applies to vehicles acquired after December 31, 2009. For more information, including qualifying vehicles and sales by manufacturer, see the Internal Revenue Service (IRS) Plug-In Electric Vehicle Credit website. Also refer to IRS Form 8936, which is available via the IRS Forms and Publications website.

Incentive Administrator: IRS
Incentive: Financial Incentive