Ev tax incentives
In the United States, Electric Vehicles qualify for federal tax credit up to $7,500 and which varies depending on the size of the vehicle’s battery. There also are dozens of state and regional incentives on EV plug-in vehicles. In California, for example, people who buy or lease a new electric car can get a cash rebate in addition to the federal tax credit.
The United States is not the only country offering EV and EV charging incentives, Norway, for example, is considered the world leader when it comes to electric vehicles and here is why.
Videos about Ev tax incentives
Past Tesletter articles
[California Only] PG&E Clean Fuel Rebate increasing to $800 on Jan 1st
Starting on Jan 1st the PG&E Clean Fuel Rebate will increase from $500 to $800. If you purchased your Tesla recently and haven’t applied or you are getting it in the next couple of months just hold off and apply after January 1st to get an extra $300!
Read more: PG&E
From issue #32[Tax Season] Up to 30% rebate on the charger and installation
If you are in the US and have purchased and or installed a wall charger or special plug, you are eligible for up to a 30% rebate on it.
From issue #155Additional $1,500 EV rebate in California
If you’re in California, there is still time to take advantage of the latest $1,500 EV rebate- California Clean Fuel Reward - including additional local incentives and carpool lane access.
From issue #138Airplane vs. Tesla Autopilot
Ryan is an airline pilot and flight instructor, as well as a Model S owner. In this episode of Supercharged Podcast he compares his experience with autopilot in airliners and Teslas.
Read more: Supercharged Podcast
From issue #10All model 3s now qualify for the $7,500 federal rebate in the US
Great news! If you qualify for the federal rebate, all Model 3s now qualify as well. Prior to this adjustment, the Model 3 Rear-Wheel Drive didn’t qualify, and the other two models were only eligible for a $3,750 rebate. If you’re currently in the market for a new Tesla, please consider using our referral code: https://www.tesla.com/referral/ignacio9266
From issue #270Apply for $800 Clean Fuel Rebate before end of year
PG&E’s Clean Fuel Rebate is a $800 rebate for PG&E residential electric customers who are EV drivers and is in addition to any federal, state or local incentives you may be eligible for. If you haven’t applied yet, there’s time until December 31, 2020. Note that this program was launched in 2017 and it’s a one-time thing only.
From issue #136Big tax incentives in the UI?
niccaman has run the numbers and according to him “buying my Tesla through my business as a company car/employee perk cuts my personal costs of buying this Tesla down by 41%”. More information about the EV incentives in the UK
If you plan on buying a Tesla and need a referral code for free Supercharging, use ours http://ts.la/ignacio9266
Read more: Twitter
From issue #94DIY Protection with Feynlab
Feynlab’s DIY products follow a regimen: Preparation, Protection, Maintenance. First Prepare the paint by washing with Pure Wash, followed by Panel Prep to remove any residual oil or contaminants. Then Protect your Tesla using Ceramic Lite - the easiest coating to apply. Then Maintain the coating with Pure Wash, and if you want that extra touch of protection, follow it up with Ceramic Spray Sealant every couple of months. Get a free quote
From issue #156EV tax credit increase to $12,500 makes the cut in Biden's Build Back Better framework
In the case of Tesla, this will be $10k because the last $2,500 is only for unionized factories, and Tesla isn’t. One of the biggest differences with the previous federal tax is that this one is supposed to be a pure upfront discount when you purchase the car, and not something to get when you file your taxes.
From issue #188EVSE rebates and tax credits, by state
There are many rebates and tax incentives for purchasing and installing a Level 2 charging station at your home or business. Check out this list by state and find out which ones you qualify for.
Read more: ClipperCreek
From issue #38Extra incentives on Model S, X, or Y with year-end purchase
If you are one of the long-time Tesla owners with unlimited Supercharging, you can now upgrade to a newer car and transfer your unlimited Supercharging to it. In my opinion, this is a great incentive for long-time owners.
From issue #289Federal tax credit has now been updated
Tesla has made changes, so you can receive the $7500 off from the purchase price, instead of having to wait until you do your taxes to get it back. This is good news if you are interested in the Model Y or X under $80,000 or the Model 3 Performance at or below $55,000.
If you are purchasing a Tesla and need a referral code, consider using ours to get 3 months of FSD for free: http://ts.la/ignacio9266
From issue #300Filter for US federal tax credit qualified inventory Teslas
Tesla just introduced a new filter for their online shopping experience, making it a bit more convenient. This new filter allows customers to see only inventory vehicles by their eligibility for the US federal tax credit.
From issue #312How the tax credit phase out will (likely) happen
It seems like the tax credit you receive when you buy a Tesla today ($7,500) will probably disappear in the next couple of years. See diagram. Some say Tesla will make some changes to compensate this and that they will time it with new versions of the MX and MS.
Read more: Reddit
From issue #15If you bought a Tesla in 2019, make sure to read this before submitting tax returns
Thanks u/djacrylick for the heads-up!
If you use HR Block for tax returns, you need to enter the full $7,500 under the tax credit (not the actual amount of $3,750/$1,875) because the percentage is automatically deducted from your return.
TurboTax doesn’t have energy credits working yet, usually, they release them a bit later in the year (February or so).
Read more: Reddit
From issue #96Model 3 buyers in Ontario can now officially get the $14,000 EV incentive again until September 10
A judge in Ontario has sided with Tesla and agreed that the government was discriminating against the company when it excluded Tesla from the phase-out period of the removal of the province’s EV incentives. (…) Now, if Tesla delivers their cars by September 10, it looks like they should be able to take advantage of the $14,000 EV incentive like buyers of any other EVs in the province.
Read more: Electrek
From issue #24New bill to remove limit for $7.5k electric vehicle federal tax credit introduced as Tesla hits threshold
Tesla is likely going to be the first automaker to hit the 200,000th electric car delivery threshold in the US this quarter, which will initiate a one-year-long phase-out period to eventually remove access to the $7,500 federal tax credit for Tesla buyers. But a new bill to remove the controversial 200,000 delivery threshold has now been introduced in Congress.
Read more: Electrek
From issue #16Senate moves forward with EV tax credit reform
The Senate reached an agreement for the new EV tax credit. In this new proposal, SUVs, and trucks up to $80k and sedans up to $55k qualify for a $7,500 tax rebate. The bill removes manufacturer caps and there is an income limit to benefit from it. The article linked contains the full information.
From issue #227Solar tax credit drops at the end of this year
If you’re thinking about purchasing solar panels for your home, the federal solar tax credit is dropping from 26% to 22% at the end of the year, so you may want to purchase your solar before then. If we have been helpful in any way, please consider using our referral code when you purchase your Tesla solar panels/roof http://ts.la/ignacio9266 to get $100 of credit.
From issue #138SR Tesla Model Y has been added to the Quebec EV incentive list of eligible vehicles
Quebec is offering up to 8,000 CAD off the recently announced Model Y SR. If you are planning on ordering and need a code to get free Superchanging, we would be humbled if you use ours http://ts.la/ignacio9266
From issue #147Tax credit for residential charging equipment installation extended by Congress
Last month, the federal tax credit for residential charging equipment installation was extended by Congress. If you installed charging equipment at your primary residence on or before December 31, 2017, you may be eligible for a credit of up to $1,000.»
Read More: Alternative Fuels Data Center
From issue #2Tax incentive is going down on June 30th
If you reside in the US and you are thinking about getting a new Tesla, remember that the tax incentive is going down from $3,750 to $1,875. Also, all inventory Model S and Model X come with unlimited Supercharging for as long as you own the vehicle.
If you need a referral code we’d be honored if you used ours, you just need to start your order using the following link http://ts.la/ignacio9266
From issue #64Tax incentives after April 18
Tesla has updated its EV incentives page to reflect the changes that will come into effect after April 18, 2023. This update confirms that both the Model 3 and Model Y will continue to be eligible for the $7,500 tax credit after April 18th. However, the credit for the Model 3 SR will be reduced to $3,750.
From issue #262Tesla drops all prices by $2,000
With the tax incentive now reduced to $3,500 Tesla is cutting prices on all of its models by $2,000 to help offset a reduction in federal tax credits for drivers who buy electric vehicles.
Read more: Reddit
From issue #40Tesla offering free cancellations
Federal tax credit is dropping by $3,750 in 3 weeks and Tesla is offering full refunds if you get in the waitlist for cancellations or display cars and you can’t get it this year. No excuses :) If you end up deciding on buying and we’ve helped you in any way, please consider using our referral code http://ts.la/ignacio9266
Read more: Twitter
From issue #37Tesla reaches 200,000 deliveries in the US in July 2018. See how this will affect the Federal Tax Credit
The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3:
Federal Tax Credit | For Vehicles Delivered |
$7,500 | On or before December 31, 2018 |
$3,750 | January 1 to June 30, 2019 |
$1,875 | July 1 to December 31, 2019 |
Read more: Tesla
From issue #17Tesla to gain access to 400k more $7k EV tax credits
The US administration is looking into extending the EV rebates to 400,000 more cars per manufacturer. Even if the bill passes, it will be several months until it goes into effect. Good news nonetheless.
From issue #151Understanding the Canadian Federal EV Rebate, and the Standard Range Tesla Model 3
TeslaMilton - one of our subscribers - published this fantastic article to help folks understand the new Canadian Federal EV Rebate that went into effect on May 1st. The articles also covers how it affects folks thinking about getting a Model 3. If you are in Canada and need more info, this article is for you!
Read more: Medium
From issue #60You can claim 30% (or $1,000) of the cost of an EV Charger installed in 2018/19/20
It’s tax season and this is a reminder that you can make a credit of 30% or $1,000 (whichever is less) for the equipment and installation cost of an EV charger in your home (to include panel upgrades etc). This new law can be applied retroactively for equipment put in place after Dec 2017 but can only be claimed in the year the equipment was put in service so anything made in 2018 would require an amended tax return (form 1040x). Consult your tax advisor for more information.
Read more: Reddit
From issue #98You can still order and get your Tesla delivered before the tax incentive decreases
Tesla is releasing every inventory vehicle and if in good faith from both parts they can deliver your car by EOY Tesla would cover the tax credit difference. If you end up ordering yourself a late Christmas and we have been helpful to you in any way, please consider using our referral code, we would be really honored if you do https://www.tesla.com/referral/ignacio9266
Read more: Twitter
From issue #39