Currently, some states offer a combination of tax credits and rebates for electric vehicles (EVs), but these are often provided by different entities within the state. Here’s a breakdown:
- Federal Credit: All states allow residents to claim a federal tax credit of up to $7,500 for qualified new EV purchases.
- State Level:
- Maine offers a rebate of up to $2,000 for new EVs and up to $1,000 for PHEVs, along with enhanced incentives of up to $7,500 for new EVs. Additionally, Maine offers state tax credits, though specific figures are not detailed here.
- California, Connecticut, and Maine provide state tax credits of up to $7,500. California also has various rebate programs for specific types of EVs and chargers, but they are not a traditional rebate on top of the tax credit.
- Utility Company Rebates: Many states have utility companies offering rebates for charging stations rather than vehicle purchases themselves. For instance, in Louisiana, Entergy/eTech provides a $250 rebate for Level 2 EV charger installations.
To find states that directly offer both a tax credit and a rebate specifically for EV purchases, it seems that Maine is one of the closest examples, with its rebates and incentives, though the incentives may vary depending on the source and the specific terms used by different states. Other states may offer a combination of incentives, but these might not align perfectly with both a tax credit and a rebate for vehicle purchases.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-states-that-offer-both-a-tax-credit-and-a-rebate-for-evs/
