EV Fees and Incentives - Tesla Model 3 (B)

Part
01
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Part
01

EV Fees and Incentives - Tesla Model 3 (B1)

The attached spreadsheet includes one-off or recurring ownership fees associated with a Tesla Model 3 in the states of Massachusetts, Michigan, Minnesota, Mississippi, and Missouri. These include annual registration fees, title fees, sales taxes, electric vehicle ownership fees (where applicable), and vehicle inspection fees (where applicable). In addition, financial incentive or relief schemes currently operated within the state that are available to Tesla Model 3 purchasers are outlined.
Part
02
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Part
02

EV Fees and Incentives - Tesla Model 3 (B2)

Electric Vehicles (EVs), one of which is the Tesla Model 3 Standard Range Plus, often have savings beyond low fuel costs—and expenses that fossil-fuel-burning vehicles don't. In addition to federal rebates of up to $7,500 for the purchase of an EV, individual states have a myriad of incentives and fees associated with owning an EV. The spreadsheet is here.

STATE-SPECIFIC

  • While Montana offers incentives to convert a vehicle to "alternative fuel" and incentives for alternative-fuel production facilities, there are no incentives to own EVs.
  • In New Hampshire, the local electric utility, New Hampshire Electric Company, offers incentives for the home-charging stations and their installation.
  • Nebraska had the most generous incentives of the states assigned: $2,500 toward the vehicle, $500 toward the residential charger, and $100 toward the installation of the charger.
  • Other benefits included exemption from emissions inspections (Nevada) and a toll-road discount (New Jersey).
Part
03
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Part
03

EV Fees and Incentives - Tesla Model 3 (B3)

The adoption of plug-in electric vehicles (PEV) — as Tesla Model 3 — in the United States is supported by the American federal government and several state governments. Owning a Tesla Model 3 Standard Range Plus generates annual road use fees for electric vehicles in addition to the yearly registration fee. Many states are considering a variety of incentives to promote PEV purchases. Detailed information is available into columns C and D, rows 33 through 37 of the attached spreadsheet.

General Fees and Incentives

  • One of the necessary costs when owning a Tesla is the supercharging stations' fee: US$0.28 per kW-hour, or US$0.26 per minute above 60kW and US$0.13 per minute at or below 60kW.
  • The idle fees at supercharger stations will also be a constant expense related to the electric vehicle (EV): US$0.50 per minute plus tax, when a station is more than half occupied; or US$1.00 per minute plus tax when a station is full.
  • A federal tax credit of $7,500 is ineligible for Tesla Model 3 vehicle purchases; it expired on 12/31/2019.

State's Fees Incurred When Owning a Tesla Model 3

New Mexico

  • Maximum Annual Registration Fee: $27.00 to $62.00 based on the weight and model year of the vehicle. The government website is currently offline, and its cached version does not specify the values by weight and model.
  • Annual EV Ownership Fee: $25.

New York

  • Maximum Annual Registration Fee: $16.25 (minimum 2-year fee of $32.50).
  • Annual EV Ownership Fee: no fee. Considering a study provided by New York's government states recent measures to reduce permit fees for electric vehicles.

North Carolina

  • Maximum Annual Registration Fee: $36.
  • Annual EV Ownership Fee: $130.

North Dakota

  • Maximum Annual Registration Fee: $93.00 based on Tesla Model 3 Standard Range Plus weight of 1611 kg (3552 pounds).
  • Annual EV Ownership Fee: $120.

Ohio

  • Maximum Annual Registration Fee: $34.50.
  • Annual EV Ownership Fee: $200.

State's Current Incentives or Relief Received if a Tesla Model 3 is Owned

New Mexico

  • New Mexico's government is close to approving tax credits that would be available to middle- and low-income residents. Bills provide a $2,500 tax credit for residents whose annual income is above $50,000, but the tax credit goes to $5,000 for residents who makeless than $50,000. The proposals would also determine a $300 income tax credit for the acquisition of a residential electric vehicle charging unit.
  • Alternative fuel vehicles (AFV) are exempt from the state excise tax.

New York

  • New York State Energy Research and Development Authority (NYSERDA) provides rebates of up to $2,000 for the purchase or lease of new plug-in electric vehicles, and Tesla Model 3 is eligible.
  • The government tax credit for charging stations is equal to the lesser of $5,000 or 50% of the cost.
  • For Tesla Model 3 owners who activate a Level 2 smart charger at home, may be eligible for a $500 rebate from PSEG Long Island.
  • Plug-in electric vehicles — like Tesla — gains high occupancy vehicle (HOV) lane exemption through the Clean Pass Program.
  • Under the voluntary time of use (TOU) rates, EV owners from New York will pay a reduced price for electricity used during the designated off-peak period

North Carolina

North Dakota

  • North Dakota is one of the states that does not have electric car tax credits and rebates available.
  • The Republican Party was recently criticized for letting out of the bill tax credits for electric vehicles. A Republican, Doug Burgum, governs the state of North Dakota.
  • Alternative fuel vehicles (AFV) powered exclusively by electricity are exempt from the state's motor vehicle emissions inspections after receiving a one-time verification inspection.

Ohio

Research Strategy

To carry out this research, our team started by reviewing the fees that apply to the Tesla Model 3 cars through government official websites and studies on electric vehicles. Despite our efforts to find the request information on incentives and relief policies directed to the Tesla Model 3 vehicles, not many of the states that were assigned to this research have electric car tax credits and rebates for people to save further on a Tesla car purchase. The found data points cover state and private companies' incentives eligible to electric cars, plug-in electric vehicles, alternative fuel vehicles, and charging units; all of those conditions also apply to the Tesla Model 3 StandardRange Plus.


Part
04
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Part
04

EV Fees and Incentives - Tesla Model 3 (B4)

The Tesla Model 3 Standard Range Plus is an all-electric four-door sedan produced by Tesla Inc. Fees and incentives associated with ownership of the Model 3 are presented on a state-by-state basis below and in rows 38-42 of the attached spreadsheet. Cases examined include Oklahoma, Oregon, Pennsylvania, Rhode Island, and South Carolina.

Fees Required - Ownership of Tesla Model 3 Standard Range Plus

Oklahoma

  • In Oklahoma, the vehicle registration fee decreases depending on how long the resident has owned the vehicle, with the 1st-4th years costing $96, 5th-8th years costing $86, 9th-12th years costing $66, 13th-16th years costing $46, and 17+ years decreasing to $26.
  • The title fee for all non-commercial passenger vehicles in Oklahoma is $11.
  • There is currently no electric vehicle fee, though a fee was imposed in 2017 and then struck down the same year by the State Supreme Court.

Oregon

  • Effective January 2020, the vehicle registration fee for an electric passenger vehicle enrolled in Oregon is $86, due every two years.
  • The title fee for an electric vehicle in Oregon is $187.
  • Oregon currently charges a $110 annual electric vehicle fee for all-electric vehicles; this will be increasing to $115 beginning January 2022.

Pennsylvania

Rhode Island

South Carolina

Incentives - Ownership of Tesla Model 3 Standard Range Plus

Oklahoma

Oregon

Pennsylvania

Rhode Island

  • SmartCharge RI offers electric vehicle owners up to $200 to participate in a study of EV owners' behavior.

South Carolina

Research Strategy

We searched through each state's department of motor vehicle's fee schedule to locate the costs associated with owning the Tesla Model 3 Standard Range Plus. Information on tax credits, rebates, and other incentives was obtained chiefly through an examination of the Alternative Fuels Data Center and state environmental documents.

Sources
Sources

From Part 03