NJ Residents have a number of State and Federal Incentives that help to reduce the cost of purchasing and operating an EV . Depending upon the specific make/model of EV that you are interested in, you may be eligible for:
>> Links to info on Incentives for EV purchases
- Federal Income Tax Credit of up to $7,500 for NEW EV purchases
- Federal Income Tax Credit for USED EV purchase (30% up to a maximum credit of $4,000)
- NJ ChargeUp Eligible EV list
- NJ ChargeUp EV Incentives (up to $4,000) Eligiblity Guidelines
- NJ State Sales Tax Exemption for EV
- >> Links to info on Incentives on Home EV Charging. If your Home EV project total is $2,500 or less, it may end up costing $0 (FREE) after all applicable incentives are applied.
- PSE&G Electric Vehicle Charging Incentives
- JCP&L Electric Vehicle Charging Incentives
- Atlantic City Electric Vehicle Charging Incentives
- Orange & Rockland Electric Co NJ EV Charging Incentives
- NJ ChargeUp Home EV Charger Incentive
- Kiplinger article on Federal Income Tax incentive for Home EV charging
New Jersey Electric Vehicle Association 