Virginia Electric Vehicle Incentives
Save on your electric vehicle: explore rebates, tax credits, grants and other benefits.
State Incentives
Virginia offers several incentives for EV owners. You can get a rebate on the purchase of a new EV, as well as a rebate for installing a home charging station. Additionally, EV owners with special license plates can use HOV lanes in certain areas.
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Virginia High Occupancy Vehicle (HOV) Lane Exemption
Category: HOV Lane Access Electric vehicles displaying the Virginia Clean Special Fuel license plate may use Virginia HOV lanes on specified areas of I-64, I-264, I-564, the Dulles Toll Road, and in the City of Alexandria, regardless of the number of occupants. The annual fee for Clean Special Fuel license plates is $25 (on top of the regular registration fee). This exemption expires September 30, 2025. -
Residential EV Charging Station Incentive • Dominion Energy
Category: Charger Rebates Dominion Energy offers residential customers an incentive of $125 for the purchase of a new Level 2 EV charger. To be eligible, customers must enroll in Dominion Energy’s demand response program and register their EV charger. Customers will also receive an annual payment of $40 on the anniversary of their enrollment in the demand response program. -
Virginia EV Rebate Program
Category: EV Rebates Virginia provides a $2,500 rebate for residential customers who purchase a new EV priced under $55,000. Income-qualified customers may also be eligible for an additional $2,000 rebate.
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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