USA EV Incentives: North Carolina
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
North Carolina offers several incentives for EV drivers. You can use HOV lanes with your EV, regardless of how many passengers you have, until September 2025. Additionally, Duke Energy offers rebates for installing home charging stations.
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North Carolina High Occupancy Vehicle (HOV) Lane Exemption
Category: HOV Lane Access Qualified electric vehicles may use North Carolina HOV lanes, regardless of the number of occupants. This exemption expires on September 30, 2025. -
Residential EV Charging Station Rebate • Duke Energy
Category: Charger Rebates Duke Energy offers residential customers a rebate of $1,133 for electrical upgrades to support an AC Level 2 or direct current fast charging (DCFC) station. The rebate amount may vary depending on location.
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
Discussion
We don’t have updates on Duke Energy’s 2025 incentives yet, as nothing has been confirmed. Rest assured, we’ll update this page as soon as we hear more.
In the meantime, you can check the official Duke Energy website: https://www.duke-energy.com/home/renewables-and-ev
We appreciate your interest!