North Carolina Now Considering $50 Annual Fee/Tax on Hybrid Vehicles and $100 for Electric Vehicles
North Carolina is the latest state to join the quickly growing list of those looking to make up for shortages in gas taxes by charging electric and hybrid vehicle owners an annual fee.
In North Carolina, the Senate is considering a bill that would charge owners of pure electric vehicles an annual fee of $100. Hybrid owners, including plug-in hybrid, will be hit with a $50 annual fee if the proposal passes.
Several states have enacted a several road-use tax system and at least a handful of additional state have a bill at some stage in the political process.
We see no problem with electric and plug-in hybrid owners paying their “fair share” as most of the politicians say, but there’s no way that the shortages in road maintenance funds—which in several states is now in the hundreds of millions of dollars—will be made up for by the limited amount of electric vehicle owners paying $50 to $100 per year.
For example, North Carolina’s latest figures show 719 plug-in vehicles on the roads there. 719 times $100 equals
next to nothing $71,900. Additionally, there are some 27,863 hybrids registered in North Carolina. 27,863 times $50 equals $1.39 million. Added together, the annual rake from the proposed road-use tax will bring in $1.47 million, well below the hundreds of millions in shortages.
Our point is this: politicians should stop saying this road-use tax system is needed to make up for shortfalls. It won’t make up for shortfalls for decades. It just won’t.