Electric Vehicle & Solar Incentives
Several government entities and local utilities offer electric vehicle and solar incentives for customers, often taking the form of a rebate or a tax credit. Rebates can be claimed at or after purchase, while tax credits are claimed when filing income taxes. Find state and local-specific incentives available in your area.
For the most up-to-date information, review the sponsoring entity’s website directly for details on eligibility, redemption and program details. View additional details on eligibility and redemption.
Incentives listed here are provided for your convenience and should not be considered an absolute and complete list and is not a guarantee of your personal eligibility or the incentive’s availability. These programs are subject to change or end at any time, and are outside of Tesla’s control. For example, some programs have an allocated budget or submission deadline after which the program will end. Be sure to visit the specific program’s website for the most up-to-date information on availability, eligibility and redemption requirements.
Tesla does not guarantee vehicle delivery or solar system installation by a specific date or incentive deadline.
Your eligibility for any tax credits depends on your personal tax situation. We recommend speaking with a tax professional for guidance.
Vehicles
On January 1, 2023, the Inflation Reduction Act of 2022 qualified certain electric vehicles (EVs) for a tax credit of up to $7,500.
Note: This credit is in effect for deliveries taken before an update to the federal guidance, which Treasury and the IRS intend to issue no later than March 31, 2023.
Qualifications include:
- Customers must buy it for their own use, not for resale
- Use the vehicle primarily in the U.S.
- Adjusted Gross Income (“AGI”) limitations
- MSRP price caps
For the full list of the current requirements, review the IRS website.
Solar
The following federal income tax credits are available to anyone who purchases a solar electric system including solar panels and Solar Roof. Energy storage paired with solar systems are considered qualified expenditures eligible for the tax credit.
Residential Federal Investment Tax Credit (ITC)
| Solar + Powerwall Residential Federal Investment Tax Credit | Standalone Powerwall Residential Federal Investment Tax Credit | For Systems Installed In |
|---|---|---|
| 26% | 0% | 2021 |
| 30% | 0% | 2022 |
| 30% | 30% | 2023-2032 |
| 26% | 26% | 2033 |
| 22% | 22% | 2034 |
| 0% | 0% | 2035 |
Depending on your location, state and local utility incentives may be available for electric vehicles and solar systems. Most rebates can either be claimed after purchase or reflected as a reduction in the price of your purchase.
Many states also offer non-cash incentives for electric vehicles, such as carpool lane access and free municipal parking.
Some communities and utility companies also offer additional incentives through cash back, discounted rate plans and other credits.