Rhode Island Electric Vehicle Incentives
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
Rhode Island offers rebates for both new and used EVs, with additional incentives for low-income residents. You can also get rebates for installing a Level 2 home charger, with higher rebates available for income-qualified applicants.
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Rhode Island EV Rebates
Category: EV Rebates Rhode Island offers EV purchase/lease rebates. New vehicles qualify for up to $1,500, and pre-owned for up to $1,000. Price caps apply: $60,000 for new, $40,000 for used. Vehicles must be purchased after July 7, 2022. Additional $1,500 rebate is available for eligible low-income applicants. -
Rhode Island EV Charging Station Rebate
Category: Charger Rebates Rhode Island provides a rebate of up to $350 ($500 for income-qualified residents) for purchasing a Level 2 EV charging station. The rebate can increase to $500 ($1,000 for income-qualified residents) if an electrical upgrade is required.
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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