Side-by-side comparison of these two energy incentive programs. See which one offers better savings for your situation.
| Feature | EV Charger Installation Credit (EVSE) | Used EV Tax Credit |
|---|---|---|
| Type | Tax Credit | Tax Credit |
| Category | Electric Vehicles | Electric Vehicles |
| Amount | 30% up to $1,000 | Up to $4,000 |
| Max Amount | $1,000 (residential) | $4,000 |
| Level | Federal | Federal |
| Eligibility | Must be in a low-income or rural census tract. Residential cap $1,000, commercial cap $100,000. | MAGI under $75K (single) or $150K (joint). Sale price under $25,000. Must buy from licensed dealer. One credit per vehicle lifetime. |
| Applies To | Homeowners, businesses | Vehicle buyers |
| Location | Nationwide | Nationwide |
| How to Claim | File IRS Form 8911. | File Form 8936 or transfer to dealer at point of sale. |
| Expiration | Available through 2032 | Available through 2032 |
30% tax credit for installing EV charging equipment at home. Covers Level 2 chargers and installation costs. Property must be in eligible census tract.
Official source →30% of sale price (max $4,000) for qualifying used EVs purchased from a dealer. Vehicle must be at least 2 model years old.
Official source →