Possible death of the $7500 Federal EV Tax Credit. To get it, act fast.

The $7500 Federal Tax Credit of EV’s will possibly be abolished 12/31/2017.

EVADC offers this helpful advice to potential plug-in car buyers, in advance of the possible  abolition of the $7500 Federal EV section 30D tax credit.


Is the credit only for new plug-in cars, or used also?

The credit is only available to the first purchaser, i.e. if you buy a new car.  It is not available for used EV’s.  A similar tax credit for motorcycles phased out in 2012.

Do I have to take delivery before 31 Dec 2017?

According to IRS regulations, you only must obtain the vehicle title before 31 Dec 2017. This occurs when you take delivery, so you must take delivery before 12/31/2017.  Ordering a car by 12/31/2017 is not sufficient.

How can I quickly search for plug-in cars near me?

Cars.com, CarsDirect.com, Autotrader.com, Truecar.com are examples of easy ways to get buying advice and local inventory listings.

What is the tax credit for the particular vehicle I’m interested in?

Our famous EVADC Electric Vehicle Information Sheet shows Net Price, which is the MSRP minus the tax credit for that particular vehicle.

Any plug-in car with battery size at least 16 kWh will receive the maximum allowed $7500 credit.  Battery sizes are listed in a column on the information sheet.

The general formula is:   Tax Credit = $2500 + $417 + $417 x ( SIZE – 5)  where SIZE is the kWh battery size of the vehicle.  The credit caps at $7500.  Refer to the EVADC data sheet for battery size data.   Verify the credit with your particular dealer.

So, for example, the 2017 Chevy Volt has a battery size of 18.4 kWh, thus the credit is $2500 + $417 + $417 x (18.4 – 5) = $8504, and it would then be the maximum allowed, $7500.

For a 2017 Prius Prime, the credit would be $2500 + $417 + $417 x (8.8 – 5) = $4502.

What should I buy?  Does EVADC recommend any particular model?

The strength of EVADC is that we are an independent organization of owner/drivers interested in the topic of EV’s, energy, renewables and the environment.   We are not tied with any automaker.  We can, however, recommend general characteristics of EV’s, which can help you when asking questions at a dealer.

If you can only have one vehicle for all trips, you would want a plug-in hybrid, shown in the green section of the EVADC Information Sheet.  If the plug-in would be a second car, a pure electric, in addition to a plug-in hybrid would work for you.  You would then make a selection based on the estimate of your needed range due to your commute, driving patterns etc.  Be prepared, however, for the plug-in to quickly become the primary car!  If you lease, consider getting more miles than you think you might need.  Also, consider getting DC Fast charging, especially for cars with larger batteries, like the Chevy Bolt.  90% of the time, you will likely charge at home, with the balance being either at work or occasional public charging.  Tax credits (which are NOT in imminent danger of abolition) are available in DC and MD for charging equipment.  See the EVADC Information Sheet for additional details.

Background Information:

IRS Regulation:    https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d

Green Car Reports, Dec 1:    https://www.greencarreports.com/news/1114098_if-you-plan-to-buy-an-electric-car-you-should-do-it-this-month

Electrek, Nov. 2: https://electrek.co/2017/11/02/buying-tesla-electric-cars-federal-tax-credit-gop-tax-bill/

EVADC Statement on EV Tax Credit:  http://evadc.org/2017/11/08/statement-on-proposed-elimination-of-federal-ev-tax-credit/



Major discounts on Leafs, i3’s, Bolts and Volts

In addition to the $7500 Federal tax credit, and $3000 Maryland tax credit, Exelon (who now own Pepco, BGE and Constellation) will give you additional discounts on EV’s:

This applies to all Exelon customers!

$10000 on 2016 and 2017 Leafs

$7500 on BMW i3

$5500 on Chevy Volt

$4000 on Chevy Bolt (238 mile range!)

Hurry, the Leaf, Volt and Bolt discounts expire Sept 30, 2017 and the i3 discount expires Oct 7, 2017.

See www.ez-ev.com for details

The Climate Friendly Car Guide

Climate Central, an independent organization of leading scientists and journalists researching and reporting the facts about our changing climate and its impact on the public, has released the Climate-Friendly Car Guide, which offers an incredibly simple to use tool to figure out the six most climate-friendly cars in your particular state.

The link to Our Research gives you an informative introduction to the reports methodology, and a nice graphical representation of the generation mix state-by-state.

DC isn’t listed, but here are the results for Virginia:

and Maryland:

You can view more cars, but keep in mind that the differences between #6 and #7 on this list is minor compared to the orders-of-magnitude difference between #6 and an ICE car.

So, thank you Climate Central for creating such an easy-to-use tool.  The Union of Concerned Scientists also has a guide to help you understand the carbon impacts of electric versus gas cars, broken down by electric grid region.

and also a guide to the life-cycle emissions of EV’s versus gas cars, showing how their global warming emissions are less than half those of gas cars, even on today’s grid.




Maryland Electric Vehicle Infrastructure Council meeting

The Maryland Electric Vehicle Infrastructure Council holds meetings every other month to discuss issues related to charging, legislation, incentives, funding and other EV-related matters.  The meetings are open to the public and in particular those who drive Plug-In cars and thus have the most direct experience with them.

The public is invited to comment at the the beginning of each meeting.  Real EV drivers have impact!

The March 16 Agenda:

Welcome and Announcements Earl Lewis 5 min
Introductions 5 min
Public Comments 10 min
Legislative Update Dave Schatz 20 min
2017 Priorities Earl Lewis 30 min
2016 EVIC Report Earl Lewis 10 min
PSC EV Workgroup TBD 10 min
State Agency Updates Earl Lewis 20 min
Workplace Charging Events
FHWA Signage
EVSE Efforts
Closing Remarks Earl Lewis 10 min

Meetings are held 2pm-4pm at the headquarters of the Maryland Department of Transportation, Harry Hughs Conference Room, 7201 Corporate Center Drive in Hanover, Maryland, near BWI airport.  See EVADC Calendar for additional info and a map.

Charging is available onsite  (arrive early)

or a 5-10 min walk from the MTA/BWI Amtrak Station