Incentives

New EVs
Up to $7,500

Modified adjusted gross income (AGI) may not exceed:

• $300,000 for married couples filing jointly or a surviving spouse
• $225,000 for heads of households
• $150,000 for all other filers

The vehicle’s manufacturer suggested retail price (MSRP) can’t exceed:

• $80,000 for vans, sport utility vehicles and pickup trucks
• $55,000 for other vehicles

Used EVs
Up to $4,000

Modified adjusted gross income (AGI) may not exceed:

• $150,000 for married filing jointly or a surviving spouse
• $112,500 for heads of households
• $75,000 for all other filers

Charging Station
Up to $1,000

Tax credit of 30% of the cost, up to $1,000.

New EVs
Up to $4,000

Manufacturer Suggested Retail Price (“MSRP”) below $55,000 are eligible for a $2,000 incentive.

At a date to be determined in Fall 2024, an additional income-based incentive of $2,000 will be available to prequalified income-eligible applicants for a total of $4,000.

Charging Station
Up to $250

For the purchase and installation of eligible charging stations

Sales Tax

• ZEVs sold between 2004 and September 30, 2024 = 0% sales tax
• ZEVs sold between October 1, 2024 to June 30, 2025 = 3.3125% sales tax
• ZEVs sold after July 1, 2025 = 6.625% sales tax

NJ E-ZPass Green Pass Discount Plan

10% discount on the off-peak rate for the New Jersey Turnpike and Garden State Parkway

PSE&G
Home Charging
Up to $1,500

“Behind the meter” installation costs

PSE&G
Home Charging
Up to $5,000

“Pole to meter” installation costs

ACE
Home Charging
Up to $1,000

50% of installation costs up to $1,000