Electric Vehicle & Solar Incentives

Federal Tax Incentives

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 Tax Credit Business Federal Tax Credit For Systems Installed:
26% 26% January 1 to December 31, 2020
22% 22% January 1 to December 31, 2021
0% 10% On or after January, 2022
Residential Federal Tax Credit Business Federal Tax Credit For Systems Installed:
26% 26% January 1 to December 31, 2020
22% 22% January 1 to December 31, 2021
0% 10% On or after January, 2022

Charging
Customers who purchase qualified residential charging equipment between January 1, 2018 and December 31, 2020 may receive a tax credit of up to $1,000.

State Incentives

Several states and local utilities offer additional electric vehicle and solar incentives for customers, often taking the form of a rebate. Most rebates can either be claimed after purchase or reflected as a reduction in the price of your purchase for solar systems, while tax credits are claimed when filing income taxes.

Many states also offer non-cash incentives for electric vehicles, such as Carpool lane access in California and free municipal parking.

  Electric Vehicles Solar & Energy Storage
All states 26% federal income tax credit (subject to phase out schedule above)
Arizona Reduced Vehicle License Tax and Carpool lane access Solar: Up to $1,000 state tax credit
California $2,000 rebate for Model 3 and Model Y Solar: Select utilities may offer incentives
Powerwall: see California Self-Generation Incentive Program (SGIP)
Colorado $4,000 tax credit for purchase of a new vehicle
$2,000 tax credit for lease of a new vehicle
Select utilities may offer a Solar incentive
Connecticut $1,500 rebate for new vehicles with a base price under $42,000
Exemption from state emissions testing
Reduced vehicle registration fee
Solar: Up to $300 per kW PTC
Delaware $2,500 rebate for new vehicles with a base price under $60,000
$500 rebate available for home charging installation
Select utilities may offer a Solar incentive
Florida Funding may be available for home charging installation assistance  
Hawaii Carpool lane access and reduced rates for electric vehicle charging Solar: State tax credit equal to the lesser of 35% of actual system cost or $5,000 per 5 kW
Idaho State exemption from vehicle inspection & maintenance program  
Illinois EV exemption from state emissions testing; reduced registration fees Earn $1,000 per kW off the cash or loan price of solar panels, and $860 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
Louisiana $2,500 income tax credit  
Maine $2,000 rebate for new vehicles with a base price under $50,000  
Maryland $3,000 Excise Tax Credit for new vehicles with a total price under $60,000
$700 rebate on wall connectors and installation
Qualified vehicles are exempt from emissions testing
Solar: $1,000 per system
Solar: Earn $170 per kW off the cash or loan price of solar panels and $140 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
Powerwall: State tax credit equal to 30% of installed cost up to $5,000 per property
Massachusetts $2,500 rebate for new vehicles with a purchase price under $50,000 Solar: Up to $1,000 State Tax Credit
Solar: Select utilities may offer a solar incentive
Powerwall: Select utilities may offer a storage incentive
Nevada Reduced rates for electric vehicle charging
AFV Parking Fee & state emissions testing exemptions
Powerwall: Up to $3,000
New Hampshire   Solar: Earn $100 per kW off the cash or loan price of solar panels and $80 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
New Jersey $5,000 rebate for purchase or lease of a new vehicle with a base price under $55,000
Sales tax exemption
10% discount on off-peak toll prices on NJT & GSP through EZ-Pass
Solar: Earn $720 per kW off the cash or loan price of solar panels and $600 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
New York $500 rebate for new vehicles with a base price over $60,000
$2,000 rebate for new vehicles with a base price under $60,000
State emissions testing exception
Solar: Up to $350 per kW and up to $5,000 state tax credit
North Carolina State emissions testing exemption & HOV lane access  
Pennsylvania   Solar: Earn $90 per kW off the cash or loan price of solar panels and $80 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
Oregon Standard Rebate of $2,500 for purchase or lease of a new Tesla
Charge Ahead rebate of $2,500 for purchase or lease of new or used Tesla for eligible customers
Solar: $300 per kW up to $2,400
Rhode Island State emissions testing exemption Solar: Earn $100 per kW off the cash or loan price of solar panels and $80 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
Texas   Solar: Select utilities may offer a Solar incentive
Utah   Solar: Up to $1,600 state tax credit
Vermont Depending on income level, up to $5,000 rebate for purchase or lease of a new vehicle with a base price under $40,000 Solar: $0.02 per kWh production incentive for 10 years
Washington A retail sales tax reduction is available on the purchase or lease of a new vehicle.  
Washington DC Excise tax exempt
Reduced vehicle registration fees
Tax credit for 50% of costs of home charging installation, up to $1,000
Solar: Earn $930 per kW off the cash or loan price of solar panels and $780 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
All states

Solar: 26% federal income tax credit (subject to phase out schedule above)

Arizona
Electric Vehicle: Reduced Vehicle License Tax and Carpool lane

Solar: Up to $1,000 state tax credit

California
Electric Vehicle: $2,000 rebate for Model 3 and Model Y

Solar: Select utilities may offer incentives
Powerwall: see California Self-Generation Incentive Program (SGIP)

Connecticut
Electric Vehicle: $1,500 rebate for new vehicles with a base price under $42,000
Exemption from state emissions testing
Reduced vehicle registration fee

Solar: Up to $400 per kW PTC

Colorado
Electric Vehicle: $4,000 tax credit for purchase of a new vehicle
$2,000 tax credit for lease of a new vehicle

Solar: Select utilities may offer a Solar incentive

Delaware
Electric Vehicle: $2,500 rebate for new vehicles with a base price under $60,000
500 rebate available for home charging installation

Solar: Select utilities may offer a Solar incentive

Florida
Electric Vehicle: Funding may be available for home charging installation assistance
Hawaii
Electric Vehicle: Carpool lane access and reduced rates for electric vehicle charging

Solar: State tax credit equal to the lesser of 35% of actual system cost or $5,000 per 5 kW

Idaho
Electric Vehicle: State exemption from vehicle inspection & maintenance program
Illinois
Electric Vehicle: EV exemption from state emissions testing; reduced registration fees

Solar: Estimated $1,030 per kW

Louisiana
Electric Vehicle: $2,500 income tax credit
Maine
Electric Vehicle: $2,000 rebate for new vehicles with a base price under $50,000
Maryland
Electric Vehicle: $3,000 Excise Tax Credit for new vehicles with a total price under $60,000
$700 rebate on wall connectors and installation
Qualified vehicles are exempt from emissions testing

Solar: $1,000 per system
Powerwall: 30% of installed cost up to $5,000 per property

Massachusetts
Electric Vehicle: $2,500 rebate for new vehicles with a purchase price under $50,000

Solar: Up to $0.128 per kWh production incentive for 10 years
Up to $1,000 State Tax Credit
Up to $0.05/kWh for 10 years when Powerwall is paired with solar

Nevada
Electric Vehicle: Reduced rates for electric vehicle charging
AFV Parking Fee & state emissions testing exemptions

Powerwall: Up to $3,000

New Jersey
Electric Vehicle: $5,000 rebate for purchase or lease of a new vehicle with a base price under $55,000
Sales tax exempt
10% discount on off-peak toll prices on NJT & GSP through EZ-Pass

Solar: Solar Renewable Energy Credits (SREC) offers $0.55 per Watt off the cash or loan price of solar panels and $0.46 per Watt off the cash or loan price of Solar Roof

New York
Electric Vehicle: $500 rebate for new vehicles with a base price over $60,000
$2,000 rebate for new vehicles with a base price under $60,000
State emissions testing exception

Solar: Up to $350 per kW and up to $5,000 state tax credit

North Carolina
Electric Vehicle: State emissions testing exemption & HOV lane access

Solar: Up to $350 per kW and up to $5,000 state tax credit

Oregon
Electric Vehicle: Standard Rebate of $2,500 for purchase or lease of a new Tesla
Charge Ahead rebate of $2,500 for purchase or lease of new or used Tesla for eligible customers

Solar: $400 per kW up to $3,200

Pennsylvania
Solar: Earn $90 per kW off the cash or loan price of solar panels and $80 per kW off the cash or loan price of Solar Roof by trading your Solar Renewable Energy Credits (SREC)
Rhode Island
Electric Vehicle: State emissions testing exemption

Solar: $900 per kW up to $7,500

Texas
Solar: Select utilities may offer a Solar incentive
Utah
Solar: Up to $1,600 state tax credit
Vermont
Electric Vehicle: Depending on income level, up to $5,000 rebate for purchase or lease of a new vehicle with a base price under $40,000
Solar: $0.02 per kWh production incentive for 10 years
Washington
Electric Vehicle: A retail sales tax reduction is available on the purchase or lease of a new vehicle.
Washington DC
Electric Vehicle: Excise tax exempt
Reduced vehicle registration fees
Tax credit for 50% of costs of home charging installation, up to $1,000

All of the above incentives are available when purchasing a Tesla vehicle with cash or a loan. Only California, Colorado, Massachusetts, New York and Tennessee incentives are available when leasing a Tesla vehicle.

Above solar incentives apply to eligible residential customers. Incentive programs are offered and administered by government agencies. Eligibility and availability vary and are outside of Tesla’s control. Most programs are limited to a total dollar amount that can be dispersed or will expire on a certain date. Be sure to visit the state program’s website for the most up-to-date information on availability and redemption requirements.

Your eligibility for income tax credits depends on your personal tax situation. We recommend speaking with a tax professional for guidance.

Local & Utility Incentives

Some communities and utility companies also offer additional incentives through cash back, discounted rate plans and other credits:

  Electric Vehicles Solar & Energy Storage
Arizona
  • SRP & APS offer reduced electricity rates based on time-of-use charging for EV owners
  • Phoenix & Tucson offer exemptions from emissions testing for all-electric vehicles
California
     
Colorado  
Connecticut
Delaware
  • DEC offers customers a $200 credit and $5/month credit for EV charging in off hours
  • Delmarva Power & Light offers a cash rebate to cover cost of solar installation equal to $500 per kW up to $3,000
Florida
  • Jacksonville Electric Authority (JEA) offers a rebate up to $1,000 for the purchase or lease of an EV
  • Gulf Power is offering a $750 rebate for EV home charging installation (Expiring 12/31/18)
Georgia
  • Georgia Power offers a $250 rebate for EV home charging installation as well as reduced electricity rates based on time-of-use for EV owners (Expiring 12/31/18)
Hawaii
Illinois
  • ComEd offers 3 EV rate plans for residential customers
  • Illinois Electric Co-op members may be eligible to finance their EV at 0.5% interest
  • McLean County residents are eligible for a rebate of 1% of the local share of state sales tax
Indiana  
Maryland
Massachusetts
Michigan
Minnesota
  • Xcel Energy offers a performance-based incentive for solar owners paying $0.07/kWh of solar production annually for up to 10 years
  • Minnesota’s Made in Minnesota program offers several payback plans for qualifying customers
Nevada
  • NV Energy offers reduced EV rate plans based on time-of-use
New Jersey
  • PSE&G offers reduced EV rate plans based on time-of-use
New York
  • ConEd offers reduced EV rate plans based on time-of-use
  • Powerwall: NYSERDA offers $250 per kWh up to $6,250 to energy storage customers Long Island
Oregon
  • Several municipalities & utilities offer rebates for customers who install home charging equipment including Central Lincoln PUD, City of Ashland, Emerald PUD, Eugene Water & Electric Board, Pacific Power and Portland General Electric
Pennsylvania
  • PECO offers a $50 rebate to customers who purchase an EV
Rhode Island
  • Town of Warren provides excise tax exemptions up to $100 upon registration of EV
  • Powerwall: Earn hundreds of dollars annually by enrolling your Powerwall in ConnectedSolutions
Texas
  • Austin Energy offers rebates & reduced EV charging rates
  • Residents in Austin, Houston, & Dallas areas may be eligible for up to $3,500 rebate to purchase an EV and replace a high emissions vehicle through the AirCheckTexas program
Utah
  • Salt Lake City EV owners have access to free metered parking & free public charging
Vermont
  • Green Mountain Power offers a $1,500 rebate towards the purchase of an electric vehicle with a base price under $60,000
Virginia
Wisconsin
  • Alliant Energy is offering a $500 rebate for EV home charging installation
Arizona
Electric Vehicle:
  • SRP & APS offer reduced electricity rates based on time-of-use charging for EV owners
  • Phoenix & Tucson offer exemptions from emissions testing for all-electric vehicles

Powerwall:

California
Electric Vehicle:

Solar:

  • Island Energy offers an incentive of $1,000/kW up to $5,000
  • PG&E's GoSolarSF initiative offers up to $1,200 in rebates to San Francisco residents who install solar

Colorado
Solar:
Connecticut
Electric Vehicle:

Solar:

Delaware
Electric Vehicle:
  • DEC offers customers a $200 credit and $5/month credit for EV charging in off hours

Solar:

  • Delmarva Power & Light offers a cash rebate to cover cost of solar installation equal to $500 per kW up to $3,000

Florida
Electric Vehicle:
  • Jacksonville Electric Authority (JEA) offers a rebate up to $1,000 for the purchase or lease of an EV
  • Gulf Power is offering a $750 rebate for EV home charging installation (Expiring 12/31/18)
Georgia
Electric Vehicle:
  • Georgia Power offers a $250 rebate for EV home charging installation as well as reduced electricity rates based on time-of-use for EV owners
Hawaii
Electric Vehicle:
Illinois
Electric Vehicle:
  • ComEd offers 3 EV rate plans for residential customers
  • Illinois Electric Co-op members may be eligible to finance their EV at 0.5% interest
  • McLean County residents are eligible for a rebate of 1% of the local share of state sales tax
Indiana
Electric Vehicle:
Maryland
Electric Vehicle:
Massachusetts
Solar & Energy Storage:
Michigan
Electric Vehicle:
Minnesota
Electric Vehicle:

Solar:

  • Xcel Energy offers a performance-based incentive for solar owners paying $0.07/kWh of solar production annually for up to 10 years
  • Minnesota’s Made in Minnesota program offers several payback plans for qualifying customers

Nevada
Electric Vehicle:
  • NV Energy offers reduced EV rate plans based on time-of-use
New Jersey
Electric Vehicle:
  • PSE&G offers reduced EV rate plans based on time-of-use
New York
Electric Vehicle:
  • ConEd offers reduced EV rate plans based on time-of-use

Powerwall:

  • : NYSERDA offers $250 per kWh up to $6,250 to energy storage customers Long Island

Oregon
Electric Vehicle:
  • Several municipalities & utilities offer rebates for customers who install home charging equipment including Central Lincoln PUD, City of Ashland, Emerald PUD, Eugene Water & Electric Board, Pacific Power and Portland General Electric

Solar:

Pennsylvania
Electric Vehicle:
  • PECO offers a $50 rebate to customers who purchase an EV
Rhode Island
Electric Vehicle:
  • Town of Warren provides excise tax exemptions up to $100 upon registration of EV
  • Solar & Energy Storage:

    • Earn hundreds of dollars annually by enrolling your Powerwall in National Grid’s ConnectedSolutions.

Texas
Electric Vehicle:
  • Residents in Austin, Houston, & Dallas areas may be eligible for up to $3,500 rebate to purchase an EV and replace a high emissions vehicle through the AirCheckTexas program

Solar:

Utah
Electric Vehicle:
  • Salt Lake City EV owners have access to free metered parking & free public charging
Vermont
Electric Vehicle:
  • Green Mountain Power offers a $1,500 rebate towards the purchase of an electric vehicle with a base price under $60,000
Virginia
Electric Vehicle:
Wisconsin
Electric Vehicle:
  • Alliant Energy is offering a $500 rebate for EV home charging installation

Solar:

  • Up to $1,000 state tax credit

Learn more about Powerwall incentives here.

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