Electric Vehicle Offers & Information
Delaware Clean Vehicle Rebate Program
The Clean Vehicle Rebate Program provides incentives for Delawareans and Delaware businesses to buy or lease new alternative fuel vehicles.
The vehicle rebate program encourages the deployment of electric, natural gas, and propane-powered vehicles as part of Delaware’s commitment to innovation in the transportation sector, reducing greenhouse gases, and improving Delaware’s air quality.
- The Delaware Clean Vehicle Rebate is not a tax credit. It is a cash rebate that must be applied for within 90 days of the vehicle’s purchase.
- The program was extended in December, 2020 and rebates are for vehicles purchased between Jan. 1, 2020 and June 30, 2021.
- Be sure to check program website to ensure funding is still available before making a purchase.
• New Plug-in Hybrid Vehicles: Rebates of $1,000 are available for the purchase or lease of a new plug-in hybrid vehicle with a purchase price of $60,000 or less.
Electric Vehicle Federal Tax Credit up to $7,500
A federal income tax credit up to $7,500 is available for the purchase of a qualifying EV. The minimum credit amount is $2,500, and the credit may be up to $7,500, based on each vehicle's battery capacity and the gross vehicle weight rating. Your eligibility for income tax credits depends on your personal tax situation. We recommend speaking with a tax professional for guidance.
The credit begins to phase out for each vehicle manufacturer once they have sold 200,000 eligible electric vehicles in the United States (as counted from January 1, 2010). The IRS will announce when a manufacturer exceeds this production volume and will announce the subsequent phase-out schedule on the IRS website.
- Consult your tax adviser to make sure you qualify
- Max tax credit $7,500
- Restrictions apply, subject to change without notice
EV Charging Equipment Federal Tax Credit up to $1,000
Consumers who purchase qualified residential fueling equipment prior to December 31, 2021, may receive a tax credit of 30% of the cost, up to $1,000. Permitting and inspection fees are not included in covered expenses.
NOTE: This incentive originally expired on December 31, 2016, but was retroactively extended through December 31, 2020, by Public Law 116-94. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 extended the alternative fuel vehicle refueling property credit to cover refueling property placed in service in 2021.
- Consult a tax professional to see if your installation qualifies
- Visit IRS website for additional information
Consider Installing a Level 2 (240V) Electric Vehicle Charger
Level 2 electric vehicle supply equipment (EVSE) provides charging through a 240 V AC plug. Level 2 adds about 10 to 60 miles of range to a vehicle per hour of charging time, making it far more convenient than standard 120 V AC charging, which adds about 2 to 5 miles per hour of charging. Additionally, level 2 charging is a more energy-efficient method of charging, as most EV have on-board components that require additional electricity the entire time the EV is plugged in.
- Level 2 chargers are four to six times faster than using a standard home outlet.
- More efficient charging than standard outlet (120V) charging.
- Many units come with additional controls, such as timers and wifi connectivity.