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Electric Vehicle Offers & Information

$300 Potomac Edison Residential Rebate Program - Level 2 (240V) Electric Vehicle Charger

$300 Potomac Edison Residential Rebate Program - Level 2 (240V) Electric Vehicle Charger logo

Level 2 electric vehicle supply equipment (EVSE) provides charging through a 240V AC plug. Level 2 adds about 8 to 24 miles of range to a vehicle per hour of charging time, making it far more convenient than standard 120V AC charging, which adds about 3 to 5 miles per hour of charging. Additionally, Level 2 charging is a more energy-efficient method of charging compared to Level 1 charging.

Through Potomac Edison’s EV Driven Program, you may be eligible for a $300 rebate when you install a qualified Level 2 charger for your home.

  • Level 2 chargers are four to six times faster than using a standard home outlet.
  • More efficient charging than standard outlet (120V) charging.
  • Rebate-eligible units come with timers and Wi-Fi connectivity.
  • Restrictions apply; see program details for more information
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Incentive Information

$300 Potomac Edison Program Rebate

Potomac Edison Off-Peak Rewards Program

Potomac Edison Off-Peak Rewards Program logo

Potomac Edison is offering residential EV drivers additional incentives to charge during off-peak hours. In the Off-Peak Rewards program, residential customers can earn 2¢ per kilowatt-hour (kWh) by using their smart EV chargers between 11 p.m. and 6 a.m. and on weekends. Off-peak weekend hours start at 11 p.m. each Friday and end at 6 a.m. each Monday. In order to enroll, you must have an eligible charger.

  • Earn incentives
  • Reduce demand on the energy grid
  • Restrictions apply; see program details for more information
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Up to $20,000 for Multifamily Property Owners to Install EV Chargers

Up to $20,000 for Multifamily Property Owners to Install EV Chargers logo

Through the EV Driven program, multifamily property owners can get a rebate for 50% of the cost to purchase/lease and install qualified smart Level 2 and DC Fast Charging stations, up to $20,000.

  • Combine with other incentives to reduce the cost of installation
  • Attract forward-thinking tenants
  • Support a statewide effort to increase EV adoption

Incentive Information

Rebate for 50% of the cost to purchase/lease and install qualified smart Level 2 and DC Fast Charging stations, up to $20,000

UPDATE: Electric Vehicle Federal Tax Credit up to $7,500

UPDATE: Electric Vehicle Federal Tax Credit up to $7,500 logo

The Inflation Reduction Act introduces a number of significant changes to the tax credit for new electric vehicles (section 30D). These changes will phase in over time. Effective immediately after enactment of the Inflation Reduction Act (after August 16, 2022), the tax credit is only available for qualifying electric vehicles for which final assembly occurred in North America. Further changes to the eligibility rules will begin in 2023.

Overall, the reforms in the Inflation Reduction Act mean that the tax credit for electric vehicles will evolve considerably over the coming months and years. However, the only change to the electric vehicle credit that takes effect immediately after the President signs the Inflation Reduction Act into law is the North America final assembly requirement.

Separately, starting in 2023, the Inflation Reduction Act also establishes tax credits for pre-owned clean vehicles (section 25E) and for commercial clean vehicles (section 45W). Treasury and the Internal Revenue Service will release more information on all the clean vehicle credits in the coming months.

source: U.S. DEPARTMENT OF THE TREASURY, August 16, 2022

  • Consult your tax adviser to make sure you qualify
  • Max tax credit $7,500
  • Restrictions apply, subject to change without notice
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Incentive Information

Electric Vehicle Federal Tax Incentive up to $7,500

UPDATE: EV Charging Equipment Federal Tax Credit up to $1,000

UPDATE: EV Charging Equipment Federal Tax Credit up to $1,000 logo

Consumers who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000.

  • Consult a tax professional to see if your installation qualifies
  • Visit IRS website for additional information
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Incentive Information

Federal Tax Credit of 30% of the cost of residential charging equipment, up to $1,000.

Maryland Electric Vehicle Supply Equipment (EVSE) Rebate Program

Maryland Electric Vehicle Supply Equipment (EVSE) Rebate Program logo

MEA is working with Marylanders to expand the State's growing electric vehicle recharging infrastructure through the Electric Vehicle Supply Equipment Rebate Program 2.0.

Through the program, residents, governments and businesses can acquire a state rebate for purchasing or installing an electric vehicle charging station, known as Electric Vehicle Supply Equipment (EVSE). In order to receive these rebates, eligible participants must apply with MEA, which will issue rebates on a first-c​ome, first-served basis.

  • Must be resident of Maryland
  • Rebate is 40% of the purchase and installation price (capped at 40% up to $700)
  • Subject to program funding availability
  • Restrictions apply; visit program website for details
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Incentive Information

Residential rebate is 40% of the purchase and installation price up to $700 (cap)
Commercial rebate is 40% of the purchase and installation price up to $4000 (cap)

Maryland $3000 One-Time Excise Tax Credit for Plug-in EV [Expired]

Maryland $3000 One-Time Excise Tax Credit for Plug-in EV [Expired] logo

ATTENTION- 4/20/22 Funding Status Update: Funding for the FY22 EVSE Rebate Program has been depleted with 100% of the budgeted funds having been committed. Please check program website for funding updates!

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Program details: You may be eligible for a one-time excise tax credit, up to $3000.00, when you purchase a qualifying plug-in electric vehicle. Effective July 1, 2023 through July 1, 2027, an individual may be entitled to receive an excise tax credit on a qualifying plug-in electric vehicle regardless of whether they own or lease the vehicle. Business entities may also qualify for the tax credit on up to ten vehicles.

  • The criteria for a qualifying plug-in electric vehicle are as follows:
  • The vehicle must be primarily for use on public streets, roads and highways.
  • The vehicle cannot be modified from manufacturer's specifications.
  • Must be a new vehicle titled for the first time between July 1, 2023 and July 1, 2027.
  • The vehicle must be acquired for use by the taxpayer, and not for resale.
  • The vehicle must be capable of recharge from external source of electricity.
  • Has a battery capacity of at least 4.0 kilowatt-hours.
  • Has a total purchase price not exceeding $50,000.
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Incentive Information

You may be eligible for a one-time excise tax credit, up to $3000.00, when you purchase a qualifying plug-in electric vehicle.

• Restrictions apply, visit program website for details.

Maryland High Occupancy Vehicle (HOV) Permit for Plug-in Electric Vehicles

Maryland High Occupancy Vehicle (HOV) Permit for Plug-in Electric Vehicles logo

Drivers of plug-in electric vehicles, titled and registered in Maryland, will be allowed to use the HOV lanes in Maryland regardless of the number of passengers, providing they obtain and display an HOV permit on the vehicle.

For a plug- in electric: The vehicle owner(s) must complete the Application for Plug-in Electric Vehicle HOV Permit (form VR-335).

  • The permit will be valid from October 1, 2018 through September 30, 2022
  • Restrictions apply; visit program website for details

Incentive Information

HOV lane access for plug-in electric vehicles regardless of passenger count