Michigan 2024 EV Tax Credits Guide [+ Calculate Your Savings]
August 12, 2023
Steve Birkett is an electric vehicle advocate based in Greater Boston, Massachusetts. He is a content creator and marketing professional who contributes written and recorded pieces to a wide range of media outlets. His analysis has been featured in Find The Best Car Price, WWLP TV, and Torque News, among others. He has also had video content featured on Inside EVs. Birkett was an EV Guide for Plug in America events in Massachusetts (Drive Electric Cambridge and Drive Electric Lowell) and Ohio (Earth Day 2019 at Cleveland Zoo). He participates in quarterly advisory panel meetings for EVolve New York (a state-level charging initiative) and has contributed to focus groups for prominent U.S. charging networks.
Birkett is a father-of-two who loves nothing more than packing up the family and hitting the road in their latest electric car, which is currently a 2022 Hyundai IONIQ 5. With multiple Chevy Bolts in his past, as well as a Chevy Volt and Tesla Model 3 LR in the extended family, plus various EV rentals when he ventures back home to his native United Kingdom, Birkett has more than 100,000 all-electric miles under his belt and is always ready to try out a new electric vehicle.
For press inquiries, contact steve@findthebestcarprice.com
There’s no denying that electric vehicles (EVs) can be expensive, but there are federal and state incentives like rebates and tax credits to make EVs more financially appealing.
But what state EV incentive programs are in place in Michigan?
Let’s see what current incentives are available in your area and whether or not you qualify for them.
Last Updated: January 2024
Table of Contents
Michigan EV Savings Calculator
Use the calculator below to see which models qualify for the federal EV tax credit and for any state-specific incentives that can help you save even more.
What EV Incentives Are Available in Michigan?
Michigan has no incentives for electric vehicles at this time, but we update this post regularly, so check back to see if that changes.
Incentives for Purchasing an EV in Michigan
Michigan does not offer incentives for the purchase of a new electric vehicle, but there are a wide variety of incentives available from utilities and consumer groups.
Other EV Incentives Offered in Michigan
There are various notable post-purchase EV incentives available in Michigan. These include:
- Cherryland Electric Cooperative offers residential customers a generous rebate of $1,000 towards buying a new or used EV. The utility also gives a $500 rebate for the purchase of a Level 2 charging station
- The PowerMIDrive program offers rebates to residential customers who install an EV charging station. A rebate of up to $500 is available for level 2 charging hardware.
- The same program gives residential customers a $10 monthly incentive for charging their electric vehicle overnight.
- DTE Energy offers a time-of-use (TOU) rate to residential customers who own an EV, making home charging cheaper.
- HBPW gives up to $300 rebate for customers who buy a non-ENERGY STAR-certified home charger. That rebate goes up to $325 for hardware that is ENERGY STAR-certified. The utility also offers a TOU rate to reduce home charging costs.
Visit our EV community on Facebook to connect with other electric vehicle owners in your area and find out if specific offers are available.
Now that you know that no electric vehicle incentives are available in Michigan, what else do you need to know about making the switch to all-electric transportation?
Read our guidance on how to prepare for an EV to make sure the models you’re considering will meet your real-world driving needs!
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Frequently Asked Questions
Are there incentives for purchasing an electric vehicle in Michigan?
No, there are no state-level incentives in place when you purchase an EV in the state of Michigan. However, check out our picks for the best deals on EVs.
Are there additional fees for purchasing an electric vehicle in Michigan?
Yes, there are additional fees to pay when you purchase an EV in the state of Michigan. A $100 registration fee is charged to make up for the tax revenue lost now that you will no longer buy gasoline or diesel.
Does sales tax apply when I buy an EV in Michigan?
Sales tax is applied to electric vehicle purchases in Michigan at the same rate as traditional combustion vehicles. Visit our resource page to find the vehicle sales tax in Michigan.
Posted in Electric and Hybrid Vehicles |