Naturally, EV owners already benefit by skipping gas station visits and leaving a smaller carbon footprint. But did you know there’s more? We’re highlighting the EV tax credits these fuel-efficient Chevy cars at Carroll Chevrolet come with too.
Tax Credit Changes
EV owners have been eligible for a $7,500 tax credit, which motivates drivers to help protect our planet. Now, EV owners have an income cap, and your EV must meet these criteria for you to qualify:
- North American assembly
- Over 50 percent of the battery’s components were manufactured in North America
- Over 40 percent of its critical minerals were extracted or processed in North America (or a country with a free trade agreement with the US)
- An MSRP under $55,000 (sedan) or $80,000 (SUV or truck)
Eligible Chevy EVs
With the new parameters in mind, there are still many current and upcoming Chevy vehicles that may qualify for the full $7,500 credit:
- Chevy Blazer EV
- Chevy Bolt EUV
- Chevy Bolt EV
- Chevy Equinox EV
- Chevy Silverado EV
Local Incentives
Florida does not offer EV tax credits, but there are some excellent local incentives that Florida EV owners benefit from:
- $10 monthly credit from Duke Energy for off-peak hour charging with an at-home Level 2 charger
- Up to $7 per month from Jacksonville Electric Authority (JEA) to charge during off-peak hours
- Rebate up to $100 from Kissimmee Utility Authority (KUA) for the purchase of a new EV
- Rebate up to $100 from KUA for the purchase and installation of an at-home charging station
- Rebate up to $200 from Orlando Utilities Commission (OUC) for the purchase or lease of a new or pre-owned EV
Chevy EVs (and Answers) At Carroll Chevrolet
Do you still have questions about the tax credits and incentives for a Chevy EV? Stop by Carroll Chevrolet to chat with our team today – we’re happy to help!
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