Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
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Tax Benefits Other Electricity Discounts Charger Rebates HOV Lane Access EV Rebates Clear
Oklahoma offers several incentives for EV owners. You can get rebates on home charging stations from various utilities and take advantage of time-of-use electricity rates to save on charging costs.
EV Rebate and TOU Rate • Oklahoma Electric Cooperative
Category: EV RebatesOEC offers a rebate of $300 for customers who own an EV and an AC Level 2 EV charging station. Eligible customers must schedule vehicle charging during off-peak hours.
EV Charging Station Rebate • Public Service Company of Oklahoma
Category: Charger RebatesPublic Service Company of Oklahoma offers a rebate of $250 to its residential customers who buy an ENERGY STAR certified Level 2 EV charging station.
EV Charging Station Rebate • Verdigris Valley Electric Cooperative
Category: Charger RebatesVerdigris Valley Electric Cooperative offers a rebate of up to $250 to its residential customers who buy a UL-listed Level 2 EV charging station.
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.
Federal Tax Credit for New Electric Vehicles
Category: Tax BenefitsAll-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 BenefitsPre-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.
Category: Tax BenefitsIndividuals 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.
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