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Electric Vehicle Savings and Incentives

Find out how much you can save when you drive an electric vehicle in Illinois.

 

EV charging

Save by Driving Electric

Electric vehicles (EVs) cost less to charge and maintain. The average EV owner saves up to $1,300 a year on fuel, plus maintaining an EV costs less over the life of the vehicle.

 

Home Charging Federal Tax Credit

Residents who install EV charging equipment in their home may receive up to $1,000 federal tax credit.

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Passenger Vehicle Federal Tax Credit

Most new passenger vehicle owners can receive up to a $7,500 federal tax credit.

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Explore ChargeSmart

Take advantage of lower rate charging times. Explore our expanded rate options to choose the best rate for you.

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Incentives & Rebates

Let us help you find a certified EV charging installer and qualify you for incentives and rebates.

See EV Partners

Other Cost Considerations

All vehicles must be registered with the Illinois Department of Motor Vehicles. Since EV drivers no longer pay gasoline tax at the pump, Illinois requires an annual fee of $100 that supports road maintenance. Listed below are associated fees with securing an EV license plate as of December 2020:

 

Newly acquired vehicle/first-time issuance $401 ($150 title fee + $251 registration fee)
Currently titled vehicle/first-time issuance $251 ($251 registration fee)
Current plates expire within 90 days $280 ($251 registration fee + $29 replacement fee)
Current plates do not expire within 90 days $280 ($251 registration fee + $29 replacement fee)
Annual renewal $251

 

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