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Colorado Energy Office : Colorado Electric Vehicle Tax Credits : Affordable Electric Vehicles

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Rebate Overview

Overview

The Colorado Energy Office offers a tax credit for affordable electric vehicles. You can receive a bonus state tax credit of $2,500 when you purchase or lease an electric vehicle with a manufacturer's suggested retail price of up to $35,000. Some dealers may provide this credit as an upfront discount.

Benefits

Upgrading to an electric vehicle can make your daily commute more enjoyable and save you money on fuel costs. It also helps reduce pollution, making the air cleaner for everyone. Plus, owning an electric vehicle can increase your home's value and contribute to a healthier planet.

More Information

To qualify for this tax credit, you must purchase or lease an eligible electric vehicle. Check with local dealers for specific details on availability and any upfront discounts they may offer. 10/01/2023

Details

  • Expiration date: January 1, 2029
  • Incentive type: Tax Credit
  • Amount: $ 2,500.00
  • Link: More details

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