Yes, many states offer tax credits or rebates for electric vehicles (EVs) beyond the federal $7,500 credit. Here are key examples:
Notable state-specific incentives
- California, Connecticut, Maine: Up to $7,500 credit.
- Maryland: $3,000 excise tax credit for EVs under $50,000.
- Massachusetts: $3,500 rebate, plus $1,500 extra for income-qualified buyers.
- Alaska/Delaware: $1,000 credit.
- Washington, D.C.: 50% tax credit (up to $1,000) for charger installations.
EV charger incentives
- Maryland: $700 rebate for home chargers.
- Massachusetts: $250 discount for Level 2 chargers (Braintree Electric).
- SELCO customers (likely select utility areas): $350 rebate.
Registration fees
24 states charge extra EV registration fees ($50-$200 annually) to offset lost gas tax revenue. Five states (e.g., Colorado, Georgia) combine these fees with purchase incentives.
Income and price restrictions apply in many states, such as Maryland’s $50,000 vehicle price cap and Massachusetts’ income-based bonuses. Check local utility providers for additional off-peak charging discounts.
Updated as of January 2025.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-state-specific-tax-credits-for-electric-vehicles/
