Colorado Energy Office : Colorado Electric Vehicle Tax Credits : New Battery Electric Vehicles
Rebate Overview
Overview
The Colorado Energy Office offers a tax credit for new battery electric vehicles. You can receive a state tax credit of $750 when you purchase or lease a new battery electric vehicle or plug-in hybrid electric vehicle. This applies to vehicles with a maximum manufacturer's suggested retail price of $80,000. Some dealers may provide this credit as an upfront discount.Benefits
Upgrading to a new electric vehicle can make your daily commute more enjoyable and reduce your fuel costs. It also helps improve air quality by cutting down on pollution from traditional gas-powered vehicles. Plus, owning an electric vehicle can increase the value of your home and contribute to a cleaner environment.More Information
To qualify for this tax credit, you must purchase or lease a new battery electric vehicle or plug-in hybrid electric vehicle. Make sure to check with your dealer about any upfront discounts they may offer. 10/01/2023Details
- Incentive type: Tax Credit
- Amount: $ 750.00
- Link: More details
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