ECAM : Clean Car and Charging Unit Tax Credit : Used Electric Vehicle, Used Plug-In Hybrid Vehicle
Rebate Overview
Overview
The Clean Car and Charging Unit Tax Credit is a tax credit that helps New Mexico taxpayers save money when purchasing or leasing used electric vehicles, plug-in hybrid vehicles, or fuel cell vehicles. You can receive a refundable tax credit of up to $2,500. This means you could save between $640 and $2,500 on your next vehicle purchase.Benefits
Upgrading to a used electric or hybrid vehicle can make your daily commute more enjoyable and reduce your fuel costs. These vehicles are better for the environment, helping to cut down on pollution and greenhouse gas emissions. Plus, they can increase the value of your home by making it more energy-efficient.More Information
To qualify for this tax credit, you must be a New Mexico taxpayer purchasing or leasing an eligible vehicle. The maximum credit amount is $2,500. 10/01/2023Details
- Expiration date: December 31, 2029
- Incentive type: Tax Credit
- Amount: $ 640.00
- Maximum Amount: $ 2,500.00
- Link: More details
Maximize Your Savings with QuitCarbon
QuitCarbon's free, expert guidance makes it simple and affordable to get fossil fuels out of our homes. We've helped thousands of homeowners with planning, installation, and rebates on upgrades like heat pumps, mini-splits, induction cooking, and EV chargers.
QuitCarbon is a certified B Corp and ENERGY STAR® partner that provides free assistance with clean energy upgrades.
Get Started Today
QuitCarbon will maximize your cost savings with holistic planning, guidance on rebates, introductions to vetted contractors, and expert bid reviews.
Click the button below to create your Home Profile and get started.
Questions? Comments?
We're here to support you through every step of the process — all for free! Please don't hesitate to get in touch!