Can I Get a Tax Credit for Buying an EV in Georgia? (PDF)

 

In terms of incentives and credits granted to buyers and/or those installing home charging stations, Georgia isn’t particularly friendly to electric cars.

front_side_view_of_an_Electric_Vehicle_charging_at_a_charging station

Currently, Georgia does not offer tax credits, rebates, or other incentives to electric vehicle owners or lessees.

There was once a low-emission and zero-emission vehicle income tax credit program in Georgia, but that program was discontinued in 2015. Alternative fuel vehicles are allowed to use high occupancy vehicle lanes regardless of the number of passengers.

Hydropower and biofuels are generally used as renewable energy sources in Georgia, which generates 90% of its electricity from natural gas, coal, and nuclear power.

Is there a tax credit for buying used electric vehicles in Georgia?

The state of Georgia does not offer tax credits, rebates, or other incentives to buyers of used electric cars or plug-in hybrids.

Is there a tax credit for new electric vehicles in Georgia?

In Georgia, electric vehicles and plug-in hybrids do not qualify for tax credits, rebates, or other incentives.

Are there any credits available in Georgia for installing home charging stations?

Georgia does not offer incentives for the purchase or installation of home electric car charging stations. However, businesses installing public charging stations may receive tax credits equal to 10% of the cost, up to $2,500.

Are there any credits for installing solar panels in Georgia?

Georgia does not offer tax credits for installing solar panels, though the federal government does.

Moreover, Georgia Power will buy back excess energy from solar panels at a rate less than the retail price until the total generating capacity equals 0.2% of Georgia Power’s annual peak demand.

Is Georgia penalizing EV buyers?

The state of Georgia charges non-commercial electric car owners an annual license fee of $213.70 ($320.65 for commercial vehicles) in addition to the $20 registration fee for all vehicles.

Are there any other EV incentives in Georgia?

Georgia residents may qualify for up to $7,500 with the Federal Electric Car Tax Credit, but as of this writing, they are limited to electric vehicles (and plug-in hybrids) assembled in the U.S. and have certain price and income requirements. A federal tax credit of up to $4,000 is available for used electric vehicles priced up to $25,000 starting this year.