USA EV Incentives: Mississippi
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
Mississippi offers rebates for both EVs and charging stations. Mississippi Power provides rebates for purchasing or leasing new or used EVs, and also offers rebates for installing Level 2 chargers. Entergy also offers rebates for residential Level 2 charger installations.
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EV and Charging Station Rebate • Mississippi Power
Category: EV Rebates Mississippi Power offers rebates for new, leased, or used EVs: $1,250, $1,000, or $750 respectively. Customers can also get up to $250 for a Level 2 charger. -
EV Charging Station Rebate • Entergy
Category: Charger Rebates Entergy offers a rebate of $250 to residential customers for the purchase and installation of a Level 2 EV charging station.
Last Updated:
04/03/2025
Federal Incentives
The U.S. federal government offers EV tax credits to make going electric more affordable! New EV buyers may qualify for up to a $7,500 tax credit, depending on the car’s specs and buyer’s income. For pre-owned EVs, you could receive up to $4,000. Plus, homeowners in low-income or rural areas can get up to $1,000 for installing an EV charger.
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Federal Tax Credit for New Electric Vehicles
Category: Tax Benefits All-electric vehicles purchased new in 2023 or after may be eligible for a federal income tax credit of up to $7,500. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.
The availability of the credit will depend on several factors: Vehicle's MSRP, Final assembly location, Battery component and/or critical minerals sourcing, Taxpayer’s modified adjusted gross income (AGI). -
Federal Tax Credit for Pre-Owned Electric Vehicles
Category: Tax Benefits Pre-owned all-electric vehicles purchased in 2023 or after may be eligible for a federal income tax credit. The credit equals 30% percent of the sale price up to a maximum credit of $4,000. The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. Also, you can't apply any excess credit to future tax years.
The vehicle must be purchased from a dealer, have a sale price of $25,000 or less, and must have a model year two years prior to the current calendar year. -
Federal EV Charger Tax Credit
Category: Tax Benefits Individuals in low-income communities and non-urban areas who purchase qualified residential EV charger after January 1, 2023, may receive a tax credit of up to $1,000.
In order to qualify, individuals need to be located in low-income community census tracts or non-urban census tracts as defined in IRS Notice 2024-20.
Last Updated:
04/03/2025
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