EV Tax Credit & Rebate Calculator 2026
The federal EV credit is gone. But state rebates, utility incentives, and charger credits still exist. Enter your state and vehicle to see every dollar you can still claim.
Active State EV Rebates — What's Still Available
These state programs are active in 2026. Income limits, vehicle price caps, and funding availability vary. Always verify current status directly with your state's energy office before purchasing.
| State | Program | Max Amount | Income Limit | Notes |
|---|---|---|---|---|
| California | CVRP | $7,500 | Yes — income-qualified | Vehicle MSRP cap $45k. Under $300k income for base rebate. |
| Colorado | Innovative Motor Vehicle Credit | $5,000 | No income limit | State tax credit. Claimed on CO income tax return. |
| Connecticut | CHEAPR | $7,500 | Yes — income-qualified | Rebate (not credit). Applied at point of sale at dealership. |
| Massachusetts | MOR-EV | $3,500 | No income limit | $2,500 base + $1,000 for low-income. MSRP cap $50k. |
| New Jersey | Charge Up NJ | $4,000 | No income limit | Also exempt from sales tax on EV purchases. |
| Oregon | DEQ Rebate | $7,500 | Yes — income-qualified | $2,500 standard. Up to $7,500 for income-qualified buyers. |
| New York | Drive Clean Rebate | $2,000 | No income limit | Applied at dealership. MSRP cap $42k BEV, $60k PHEV. |
| Maryland | Excise Tax Credit | $3,000 | No income limit | Excise tax credit at registration. Subject to funding cap. |
| Vermont | MileEVmore | $5,000 | Yes — income-qualified | Point-of-sale rebate. Must buy from VT dealership. |
Source: DSIRE (Database of State Incentives for Renewables & Efficiency) May 2026. Verify eligibility at dsireusa.org before purchasing. Rebate programs may be funded or unfunded.
EV Tax Credits in 2026 — What You Need to Know
No. The federal clean vehicle tax credit under IRC Section 30D was repealed for vehicles purchased on or after October 1, 2025, as part of the One Big Beautiful Bill Act (OBBBA). This includes new battery electric vehicles, new plug-in hybrids, and new fuel cell vehicles. Vehicles delivered before October 1, 2025 were still eligible for the credit on 2025 taxes. The used EV credit under Section 25E (up to $4,000) was also repealed at the same time. There is no federal EV vehicle purchase credit available for 2026 purchases.
Potentially, through the commercial vehicle credit (IRC Section 45W). When you lease an EV, the leasing company owns the vehicle and may qualify for the commercial EV credit (up to $7,500 for passenger vehicles, $40,000 for commercial trucks) under Section 45W, which was not repealed by the OBBBA. The leasing company may pass these savings to you through lower monthly payments or a lower capitalized cost. However, this is at the lessor's discretion and there is no guarantee the benefit is passed on. Compare leased vs purchased total cost carefully. Some manufacturers like Tesla, GM, and Hyundai have publicly stated they factor the credit into lease pricing.
Yes. The federal Residential Clean Energy Credit under IRC Section 25D remains fully active at 30% through 2032. This is the most misunderstood fact in energy incentives in 2026. The OBBBA repealed the EV vehicle credit and moved the charger credit deadline, but left the solar investment tax credit intact. For a $22,800 solar system, the 30% credit equals $6,840 in federal tax savings, claimed on IRS Form 5695 when you file taxes for the year your system goes live. The credit steps down to 26% in 2033 and 22% in 2034. Battery storage paired with solar is also eligible if charged primarily from solar.
The Alternative Fuel Vehicle Refueling Property Credit under IRC Section 30C originally expired at end of 2032. The OBBBA changed the deadline to June 30, 2026 for eligible census tract installations. The credit covers 30% of equipment and installation costs up to $1,000. Eligibility depends on whether your address is in a qualifying census tract (low-income or non-urban). The IRS provides an online tool to check census tract eligibility at energy.gov. Installations completed by June 30, 2026 in eligible census tracts can still claim the credit on 2026 tax returns. If the deadline has passed when you are reading this, no charger credit is available.
No federal credit? Calculate your real EV savings.
Without the $7,500 credit, the EV vs gas comparison changes. See your exact 5-year cost with your state's electricity rate and your vehicle.