Rebates and Incentives

EV Ready Logo

Federal Tax Credit for Vehicles
Use the federal government’s tax credit tool to learn about the credit amount available for various electric vehicle makes and models. 
The maximum credit is $7,500 for new cars and up to $4,000 for used vehicles.

New and Used Clean Vehicle Tax Credits, Energy Saver
The Department of Energy describes the new and previously owned clean vehicle tax credits. You may also want to contact a tax professional.

Illinois EV Rebate Program
When funding is available, residents may apply for a $4,000 rebate on a new or used all-electric vehicle. Purchasers must apply for the rebate during an open rebate cycle and within 90 days of vehicle purchase.

Federal Tax Credit for EV Charging Equipment
Residents who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000. 
Find out more online, or consult a tax professional.

Please visit the U.S. Department of Energy Alternative Fuels Data Center - Illinois Laws and Incentives for other incentive updates.