A State-By-State Breakdown Of Electric Vehicle Incentives

INCENTIVES FOR BUYING AND OWNING ELECTRIC CARS in Every State This summer, eight states announced the adoption of the ZEV Action Plan, an ambitious plan to use incentive programs to put 3.3 million electric cars on the road by 2025. In addition to this alliance, 32 states have already rolled out various incentive programs, perks and more: LEGEND: [Magenta line] ZEV Action Plan states [Green] States with EV incentive programs BREAKDOWN OF CURRENT STATE INCENTIVE PROGRAMS: [Magenta dot] Tax benefits and rebates [Yellow dot] Perks Alabama Minnesota • Alabama Power offers a 1.7¢ discount for residents who charge their plug-in during the designated "EV charging period" • Members of a pilot program may take advantage of a discounted electricity rate during specified off-peak hours. Arizona тилошi • Unrestricted access • Exempt from state emissions inspections to HOV lanes HOV 2+ ONLY 2 OR MORE • Up to a $75 tax credit for installing a home charging Nevada PERSONS PER VERICLE Unrestricted access to HOV lanes outlet for EVs • Exempt from annual emissions inspection • Free metered parking California • Unrestricted access to high occupancy New Jersey • Tax exemption of up to $4,000 for EV buyers vehicle (HOV) lanes • EV purchase rebate up to $2,500 • Exempt from sales tax Colorado • Unrestricted access to HOV lanes • Unrestricted access to HOV lanes • Tax credit of up to $6,0O00 New York • Tax credit for 50 percent of the cost of EV charging equipment, up to $5,000 Connecticut Free metered parking in New Haven • Unrestricted access to HOV lanes Florida Nebraska • State loans up to $75,000 are available for certain types of alternative fuel projects • Unrestricted use of HOV lanes Georgia • Income tax credit of 20 percent of the EV's purchase price up to $5,000 North Carolina • Unrestricted access to HOV lanes • Tax credit for businesses installing EV charging equipment of 10 percent of the charger's price up to $2,500 • Exempt from emissions inspection requirements • Unrestricted access to HOV lanes Oklahoma Hawaii • Up to 75% credit on EV charge installation • Unrestricted access to HOV lanes Idaho Oregon • Exemption from maintenance inspections • Tax credit of up to $750 towards the purchase of EV charging equipment Jlinois Pennsylvania • Tax rebate of up to 80 percent of the incremental costs of purchasing an EV • Tax rebate of up to $2,000 for the purchase of an EV • 50 percent rebate on home charging equipment Tennessee • Unrestricted use of HOV lanes Indiana Texas • Tax credit of up to $1,650 to purchase home charging equipment $$$ • Alternative fuel rebate up to $2,500 ALT FUEL REBATE Louisiana REBATE $$$$$ • Free metered parking in San Antonio • Tax rebate of up to 50 percent of the incremental costs of purchasing an EV Utah • Unrestricted access to HOV lanes Maryland • Tax credit of up to $605 to purchase an EV • Unrestricted access to HOV lanes • Refund credit up to $3,000 Virginia • Qualified EVs are exempt from annual vehicle inspection testing for the first three years of ownership • Unrestricted access to HOV lanes Washington • EV purchases are exempt from state Massachusetts sales tax. • Unrestricted access to HOV lanes • Exempt from annual emissions inspections • Rebate of up to $2,500 to purchase or lease an EV for 36 months Washington, De • EV buyers are exempt from excise taxes Michigan • $36 discount on vehicle registration • Up to $2,500 reimbursement for the purchase, installation and wiring of a Level Il charger • EVs are exempt from annual emissions inspection *Benefits as of October 2014 REFERENCES: http://online.wsj.com/articles/eight-u-s-states-to-roll-out-electric-vehicle-plan-1401320116 http://governor.maryland.gov/documents/MultiStateZEVActionPlan.pdf http://www.thecarelectric.com/content/electric-car-benefits-by-state.php http://www.ncsl.org/research/energy/state-electric-vehicle-incentives-state-chart.aspx http://www.plugincars.com/federal-and-local-incentives-plug-hybrids-and-electric-cars.html Ш