Utah Moves to Boost Electric Vehicle Tax Credit From $605 to $2,500

4 years ago by Eric Loveday 5

Definitely in Utah

Definitely in Utah

Utah is looking to join the list of states that offer a sizable incentive/credit for purchasing electric vehicles.

Let's Elevate the Tax Credit Too

Let’s Elevate the Tax Credit Too

Currently, Utah offers a credit of only $605 for those who purchase electric vehicles, but that could increase soon.

Legislators in Utah are beginning to wonder if the state’s clean-vehicle credit system is a bit out of whack.

Purchasers of natural gas vehicles receives a $2,500 credit in Utah and some legislators there feel that electric vehicles should come with the same incentive.

Makes sense to us.

Representative Lowry Snow, Republican-Santa Clara, will sponsor a bill to raise electric vehicle credit to $2,500 in January:

“The purpose behind it is to bring to par those credits for people that make investments in both those kinds of vehicles.”

It’s widely believed that the bill will pass.

Similarly, Representative Patrice Arent, Democrat-Millcreek, will sponsor a bill to exempt charging stations from being regulated as a utility:

“Encouraging the use of electric vehicles, that’s one piece of the puzzle.  To have the vehicles and to have them available means we have to have charging stations.”

If both bills pass, then Utah could become one of the US’ most electric vehicle-friendly states.

Source: SF Gate

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5 responses to "Utah Moves to Boost Electric Vehicle Tax Credit From $605 to $2,500"

  1. kdawg says:

    I think Colorado still wins with a $6000 incentive. (though Wikipedia shows West Virginia with a $7,500 incentive?)

    1. Dr. Kenneth Noisewater says:

      Depends on the incentive.. For states without income tax, you win all the time, so no need for an income tax credit. However, for those states, a sales tax credit would be particularly welcome!

  2. Ocean Railroader says:

    This would be good in that getting the charging station as a utility thing fixed would be a good idea in that it would get out a lot of mess over legal battles between if it’s a charging station or if it’s a power company. Personally I can’t see why the power companies can’t be allowed to add their own charging stations. They could even mount them to the sides of their own power poles in the cities and towns and use it as a new way to sell power.

  3. James says:

    Would be we could move the Texas credit form $0 to anything…

  4. Mark H says:

    Is there a chart showing incentives by state? BTW, that is InsideEVs contributor Mark Larson in the photo.