Wisconsin State Tax Incentives for Purchasing a Used EV
Wisconsin offers a few state and local incentives for purchasing a used electric vehicle (EV). Below is a list of these incentives, along with additional rebates and programs from utility companies and other organizations. Helpful links are included for further details.
1. State Tax Incentives for EV Purchases
Currently, Wisconsin does not offer a direct state tax incentive for purchasing a used EV. However, there are utility and other program incentives available which can provide financial benefits to used EV buyers.
Wisconsin Department of Revenue
2. Focus on Energy Program
The Focus on Energy program in Wisconsin offers rebates for EV charging stations, which can be useful for used EV owners looking to set up home charging. While the program does not directly rebate EV purchases, it helps reduce associated costs.
Focus on Energy EV Rebate Program
3. Utility Company Rebates
Several utility companies in Wisconsin provide rebates for EV purchases or the installation of charging stations. Below are some examples:
- Alliant Energy: Offers rebates for the installation of Level 2 EV chargers for residential customers.
- Xcel Energy: Provides incentives for EV owners, including discounts on charging and off-peak charging rebates.
- Madison Gas & Electric (MGE): Offers discounts for customers installing home charging stations.
Helpful links:
4. Local and Regional Incentives
Some municipalities in Wisconsin may offer additional local incentives or rebates for EV buyers. Checking with local government websites or regional utility providers may reveal further opportunities for cost savings.
Wisconsin Local Government Resources
Additional Tips
• Monitor utility programs regularly for updates on new rebates or incentives.
• Consider combining utility rebates with state programs to maximize savings.
