Actions for Vehicles

New EV

Federal Tax Credits

IRA tax credit 30D provides:

• up to $7,500 for eligible battery (BEV) and plug-in hybrid electric vehicles (PHEV)

To be eligible, new EVs must have a:

• list price of less than $80,000 for vans, SUVs, and pickup trucks
• list price less than $55,000 for all other vehicles
• certain percentage of vehicle materials and assembly made in America

Check updated lists of eligible new EVs

File form 8936 with your tax return

Maine Incentives

Efficiency Maine rebates:

• $3,000 – $7,500 for low-income customers, for qualifying new battery electric vehicles (BEVs) or plug-in hybrid electric vehicles (PHEVs).

Note: Customers seeking enhanced rebates based on income must be pre-qualified before purchase.

Used EV

Federal Tax Credits

IRA tax credit 25E provides:

• 30% of the cost of a used battery (BEV) or plug-in hybrid electric vehicle (PHEV), up to $4,000

Used EV eligibility:

• price of $25,000 or less

Current list of eligible used EVs

File form 8936 with your tax return

Maine Incentives

Efficiency Maine rebates:

• $2,500 for low-income buyers

Home EV Chargers

Federal Tax Credits

IRA tax credit 30C provides:

• up to $1,000 for home EV chargers in eligible low-income/non-urban communities. This program is still in development.
• File form 8911 with your tax return

Consult the IRS website for updates.

File form 8911 with your taxes.