Electric Vehicle (EV) Rebates
The Illinois Environmental Protection Agency (IEPA) offers rebates to residents for the purchase or lease of a new or pre-owned EV. Rebates amounts are available according to the following schedule:
|Purchase or Lease 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 a new electric motorcycle after July 1, 2022. 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. Additional restrictions apply. For more information, see the IEPA Climate and Equitable Jobs Act website.
(Reference Public Act 102-0662)