Electric Vehicle (EV) Rebates
The Illinois Environmental Protection Agency (IEPA) offers rebates to residents for the purchase of a new or pre-owned EV. Rebates amounts are available according to the following schedule:
| Purchase Timeframe | Rebate Amount |
|---|---|
| July 1, 2022 – June 30, 2026 | $4,000 |
| July 1, 2026 – June 30, 2027 | $2,000 |
| Beginning July 1, 2028 | $1,500 |
IEPA also offers rebates of $1,500 to Illinois residents for the purchase of an electric motorcycle. EV owners must apply for the rebate within 90 days of purchasing or leasing and registering the EV in Illinois. Applicants may only receive one rebate in a 10-year period. Rebate award amounts may not exceed the purchase price of the vehicle. Low-income applicants will be given funding priority. Additional restrictions apply. For more information, see the IEPA EV Rebate website.
(Reference 415 Illinois Compiled Statutes 120/27)
Jurisdiction: Illinois
Type: State Incentives
Enacted: Sep 15, 2021
Technologies: EVs
See all Illinois Laws and Incentives.