Electric Vehicle Savings and Incentives
Find out how much you can save when you drive an electric vehicle in Missouri.
2024 Electric Vehicle Tax Credits
Beginning January 1, 2024, EV buyers can transfer the federal EV clean vehicle tax credit to a qualified, participating dealer when purchasing, turning the credit into an immediate discount. At the time of sale, a seller must give you information about your vehicle's qualifications. Sellers must also register online and report the same EV purchase information to the IRS. If they don't, your vehicle won't be eligible for the credit.
Here is a handy list of federal tax incentives to keep in mind:
- New Plug-in and Fuel Cell Electric Vehicles Purchased in or after 2023: Get a tax credit of up to $7,500
- Used Plug-in and Fuel Cell Electric Vehicles Purchased in or after 2023: Get a credit of up to $4,000 for used vehicles purchased from a dealer for $25,000 or less
- New Plug-in and Fuel Cell Electric Vehicles Purchased Before 2023: Get a tax credit of up to $7,500
- Electric Vehicle Recharging Property Placed in Service in or after 2023: Save up to 30% off the cost of installing EV charging
Home Charging Federal Tax Credit
Residents who install EV charging equipment in their home may receive up to $1,000 federal tax credit.
Learn More
Passenger Vehicle Federal Tax Credit
Most new passenger vehicles can receive up to a $7,500 federal tax credit. See if a vehicle is eligible for the used clean vehicle credit, using a simple requirement qualifier tool.
Learn More
Explore Rate Options
Take advantage of lower rate charging times. Explore our expanded rate options to choose the best rate for you.
Learn More
