Electric Vehicle Incentives

Federal Incentives:

• Federal Income Tax Credit up to $7,500 for new EVs:
  • https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after
• Federal Income Tax Credit up to $4,000 for used EVs:
  • https://www.irs.gov/credits-deductions/used-clean-vehicle-credit
• Federal Income Tax Credit up to $1,000 for charging stations:
  • https://afdc.energy.gov/laws/10513

New Jersey Incentives:

• NJ ChargeUp Discount up to $4,000 for new EV:
  • https://chargeup.njcleanenergy.com/eligibility-guidelines
• No Sales Tax for new EV and used EV:
  • https://www.state.nj.us/treasury/taxation/zevnotice.shtml
• NJ E-ZPass Green Pass Discount Plan:
  • https://www.ezpassnj.com/en/about/plans.shtml
• NJ ChargeUp Rebate up to $250 for charging station:
  • https://chargeup.njcleanenergy.com/home-ev-charger-incentive
• JCP&L Rebate up to $1,500 for charging station install:
  • https://www.firstenergycorp.com/help/electric-vehicles/nj-ev/new-jersey-ev/jcpl-ev-driven-program.html