Federal and State Incentives
EV purchasers can receive a tax credit of between $2,500 and $7,500, depending on the vehicle battery capacity. Battery-only EVs will typically receive the full $7,500, while plug-in hybrids will receive an amount between $2,500 and $7,500, depending on battery capacity. This benefit can only be taken as a credit on your taxes, and not as a tax rebate. In Hawaii, some automobile dealers even offer flexible lease arrangements allowing consumers to take advantage of this federal tax credit upfront. The tax credit is phased out once a manufacturer achieves 200,000 in EV sales and is no longer available for Tesla or Chevrolet EVs. A list of all models and the corresponding tax credits is maintained by the U.S. Dept of Energy.
HOV lane access
Qualifying EVs with Hawaii state-issued EV license plates may use the HOV/Zipper lane regardless of the number of passengers in the vehicle.
Offset installation costs at your commercial public facility through Hawai’i Energy’s EVSE rebate program. Rebates are available on a first-come, first-served basis while funding lasts. Effective date of station must be between July 1, 2021 and June 30, 2022 to qualify.