Frequently Asked Questions
Answers to your questions
QUESTIONS ABOUT NATIONAL GRID INCENTIVE:
EV PURCHASING QUESTIONS
Federal incentives are provided through the IRS's IRC30D credit. If you buy an EV, you can receive the credit when you file your tax return with the Internal Revenue Service (IRS) for that tax year. The federal credit is based on your vehicle’s battery capacity and the maximum credit is $7,500. https://www.fueleconomy.gov/feg/taxevb.shtml
State incentives vary per state. Below are some examples from the states the majority of our US employees live in. If you would like to learn more about state incentives you can visit https://pluginamerica.org/why-go-plug-in/state-federal-incentives/
- Rhode Island’s incentive program is currently suspended due to lack of funds. Please check back at the RI DRIVE program's website.
- Massachusetts provides a rebate through MOR-EV and applicants must submit an application for their rebate within 3 months of their purchase or lease agreement. Plug-in hybrids are no longer eligible for a rebate, while fully electric batter vehicles may qualify for a rebate up to $1,500. This rebate is only available while funds last. Please visit https://mor-ev.org/ funding to view current funding level.
- New York incentives are run through NYSERDA and require no application process. The incentive is discounted at the point of sale from participating dealerships. Discounts range from $500, for PHEVs with a range of 20 miles or less, to $2,000 for EVs with ranges over 120 miles. NYSERDA Drive Clean: https://www.nyserda.ny.gov/All%20Programs/Programs/Drive%20Clean%20Rebate
Disclaimers: Qualifications for partnership discounts vary between manufactures, may change monthly, and depend on inventory.
Additional vehicle discounts: Please be aware that National Grid has additional partnerships with vehicle manufacturers and employees may be eligible for additional discounts. Visit a href="http://us1infonet/sites/fleet/Pages/Employees_Offered_Vehicle_Purchase_Programs.aspx for more information on additional discounts (Infonet link is only accessible while connected to the National Grid network).