USA EV Incentives: New York
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
New York offers a variety of incentives to encourage EV adoption. You can get rebates on the purchase or lease of new EVs, and eligible EVs can use HOV lanes. Several utilities in New York offer time-of-use electricity rates and other incentives for EV owners.
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New York EV Rebate Program
Category: EV Rebates New York offers up to $2,000 for buying or leasing a new electric car. The rebate amount depends on vehicle range and price. Eligible vehicles must be passenger cars under 8,500 pounds with a top speed of at least 55 mph. -
New York High Occupancy Vehicle (HOV) Lane Exemption
Category: HOV Lane Access Through the Clean Pass Program, eligible electric vehicles may use the Long Island Expressway (LIE) HOV lanes, regardless of the number of occupants in the vehicle. Vehicles must display the Clean Pass vehicle sticker, which is available from the New York State Department of Motor Vehicles. This exemption expires on September 30, 2025. -
EV Time-Of-Use Rate • Central Hudson
Category: Electricity Discounts Central Hudson offers a TOU rate for residential customers who own or lease an eligible EV. -
Smart Charging Incentives and Time-of-Use Rates • Con Edison
Category: Electricity Discounts Con Edison offers incentives and TOU rates to residential customers for charging their EVs. Participants can expect to earn an average of $400 per year. These incentives are only available to customers on a standard rate. -
EV Time-Of-Use Rate • NYSEG
Category: Electricity Discounts NYSEG offers a TOU rate to residential customers who own or lease EVs. -
EV Time-Of-Use Rate • National Grid
Category: Electricity Discounts National Grid offers a TOU rate to residential customers who own or lease eligible EVs. -
EV Time-of-Use Rates • Orange & Rockland Utilities
Category: Electricity Discounts O&R offers a TOU rate to residential customers who own or lease an eligible EV.
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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