Electric Vehicle (EV) and EV Charging Station Rebate
The New Jersey Board of Public Utilities’ (NJBPU) Charge Up New Jersey program offers point-of-sale rebates to New Jersey residents for the purchase or lease of a new light-duty EV. Rebates vary based on vehicle purchase price the vehicle’s U.S. Environmental Protection Agency (EPA) rated all-electric range are available in the following amounts:
|Purchase Price||Rebate Amount|
|$45,000 to $55,000||$25 per mile of EPA rated all-electric range, up to $2,000|
|Less than $45,000||$25 per mile of EPA rated all-electric range, up to $4,000|
The NJBPU also offers residents a $250 rebate for the purchase of an eligible residential EV charger through the Charge Up Residential Charger Program. For more information, including eligibility requirements and funding availability, see the NJBPU EV Incentive Program and Charge Up New Jersey website.
(Reference New Jersey Statutes 48:25-4)