Purchase an Electric Vehicle
Electric vehicles (EVs) are the future of transportation. You can find quiet, emissions-free EVs in many different makes and models that fit your lifestyle and driving habits. EVs offer more convenience with the ability to charge at home and work. EVs also have a lower total cost of ownership compared to internal combustion engine (ICE) vehicles, thanks to savings on fuel and fewer maintenance needs.
How Do EVs Work?
Instead of combustion engines, EVs have large, dense battery packs which power an electric motor. No combustion engine means EVs have no tailpipes or tailpipe emissions, which is a major benefit for public health and the climate. EVs also feature regenerative brakes, which allow energy to be recaptured and stored during the braking process.
When you drive an EV, you save on fuel costs because electricity is much cheaper than gas! U.S. electricity costs have been consistently lower than gasoline fuel for more than a decade.
Compare for yourself with the EV Savings and Benefits calculator from Pepco.
Learn more on the County webpage.
Ready to take the pledge to make your next vehicle electric? Commit to making your next vehicle electric.
Want to Purchase an EV?
COUNTY INCENTIVES
Each month, participating dealerships share deals, special offers, and other promotions they can offer for new or used electric vehicles. Offers may vary, and are available at the discretion of the dealership. See this month’s offers.
Homeowners and businesses can access low-interest financing and technical assistance for EV charger installation through the Montgomery County Green Bank.
UTILITY PROGRAMS
Each utility that serves Montgomery County offers programs that reduce costs for EV charging, such as equipment and installation rebates, managed charging programs, or time-of-use rates. Programs may be available for multifamily properties and workplaces. Find your utility below to learn more about currently available programs.
STATE INCENTIVES
Maryland offers an excise tax credit of up to $3,000 for the purchase of qualified plug-in electric vehicles. Effective July 1, 2019, the tax credit amount is for the cost of the vehicle excise tax, up to $3,000.
- Maryland Excise Tax Credit for Plug-in Electric Vehicles
- EV Supply Equipment (EVSE) Rebate Program
- Charge Ahead Grant Program – Workplace Charging Grants
- Clean Fuels Incentive Program – Commercial Fleet Conversion Grants
FEDERAL INCENTIVES
The federal government offers a tax credit of $2,500 up to $7,500 per new EV purchased for use in the U.S. The size of the tax credit depends on the size of the vehicle and its battery capacity.
- Alternative Fuel Infrastructure Tax Credit
- Electric Vehicle Tax Credit
- Pre-Owned Electric Vehicle Tax Credit
- Commercial Electric Vehicle Tax Credit
CHARGING
EVs are powered by batteries that must be recharged from an electric source. Compared to gasoline, electricity is more affordable, cost-steady, domestically produced, and can be generated from clean renewable energy. Most people charge their EV at home and charging is also available at workplaces, retail locations, highway rest areas, and parking garages.
Learn more on the County webpage.
Ask an EV Owner
If you are interested in learning more, The Electric Vehicle Association of Greater Washington, D.C. is an organization of electric vehicle owners, educators and enthusiasts dedicated to promoting the use of electric vehicles (EVs) as an environmental and energy benefit to society.
They have monthly meetings, held on the third Wednesday of each month from 7:00 – 9:00 PM please check their EVENTS page for the current meeting location.