After purchasing an electric vehicle from Mike Castrucci Chevrolet in Milford, Ohio, you can easily claim a tax credit for it. If you bought your vehicle recently, a tax credit might be available to you. Quickly determine if your car qualifies for the credit by searching the VIN on the National Highway Traffic Safety Administration website to see where your vehicle was manufactured. On a broader scale, the current federal EV tax credit sits at $7,500. Once you have your electric vehicle, our experts can take you through the ins and outs of the Ohio Electric Vehicle Tax Credit.
There are a multitude of environmental and financial benefits that come with owning an electric vehicle. When it comes to questions about Ohio EV incentives, we are here to help! All electric vehicle owners have to annually pay an Electric Drive Vehicle Fee in addition to other registration fees. The total of the fee is $200 for all-electric and plug-in hybrid vehicles for the Ohio State Tax Credit. As for hybrid electric vehicles, the fee is $100. Ohio’s utilities also joined forces with the National Electric Highway Coalition (NEHC) to create an efficient network of direct current fast charging stations.
Electric Vehicle Charging Station Rebate
The Firelands Electric Cooperative (FEC) offers a $250 rebate to members who install Level 2 EV charging stations at home, an office, or another building. Other Ohio EV incentives include the Commercial Electric Vehicle Charging Station Incentive Program. This American Electric Power (AEP) program offers financial incentives for the hardware, network services, and direct current fast charging stations. When you visit us, our team will be happy to provide you with more information surrounding the Ohio EV Tax Credit.