Delivered February 24th, 2020. Contributors: Catherine, AAAlexandra and
EV Fees and Incentives (C1)
South Dakota, Tennessee, Texas, Utah, and Vermont offer various incentives to encourage adoption of electric vehicles. The requested information about the states’ fees and incentives is provided in the attached spreadsheet and a summary provided below.
South Dakota offers a Federal Tax Credit of $2500-$7500 for electric vehicles.
Tennessee charges $100 annual ownership fees for electric vehicles.
Texas has a $100 annual fee for PEV owners and a $50.75 registration fee for passenger cars and trucks weighing 6,000 pounds and below.
Utah charges a $90 annual fee for electric vehicle; it will increase to $120 in 2021.
Utah offers a $15,000 tax credits for heavy-duty electric vehicles.
Vermont charges a $74 annual registration fee for electric vehicles.
South Dakota does not charge a registration or ownership fee for electric vehicles.
EV Fees and Incentives (C2)
As highlighted within the enclosed spreadsheet, Virginia, Washington, West Virginia, Wisconsin
and Wyoming all charge electric vehicle owners additional fees for their cars, and offer limited related incentives.
Virginia charges a $64 annual license fee for electric vehicles (EVs), alongside standard vehicle registration fees of between $40.75 and $45.75per year, depending on the vehicle's size.
The state does not currently offer incentives for EVs; notably, a related bill was voted down in committee in 2018.
Washington charges a $150 annual license fee for EVs, alongside standard vehicle registration fees amounting to $43.25 for basic registration, county filing, license service and general service.
Notably, the state's sales tax exemption for up to $32,000 of a vehicle's selling price or the total amount of lease payments expired in mid-2019.
However, Washington recently enacted a new rebate of up to $2,500 on new EVs costing less than $45,000 and up to $1,600 on used EVs costing less than $30,000.
West Virginia charges a $200 annual license fee for EVs, alongside standard vehicle registration fees of $51.50 for annual registration, $15 for title and $10 for liens (if applicable).