Oregon is one of the states in the US that offers various rebates and incentives for electric vehicle (EV) owners, including those who own Teslas. These programs aim to promote the use of electric vehicles and reduce the state’s carbon footprint. In this article, we’ll discuss the rebates and incentives that Oregon offers for Teslas.
Oregon Clean Vehicle Rebate Program (OCVRP)
The OCVRP is a state-funded program that provides rebates to Oregon residents who purchase or lease qualifying EVs, including Teslas. The rebate amount varies depending on the battery size of the vehicle, with larger battery sizes qualifying for higher rebates. For Tesla vehicles, the rebate amounts are as follows:
- Tesla Model 3 Standard Range: $2,500
- Tesla Model 3 Long Range: $2,500
- Tesla Model S: $2,500
- Tesla Model X: $2,500
- Tesla Model Y Long Range: $2,500
- Tesla Model Y Performance: $2,500
To be eligible for the OCVRP rebate, the Tesla vehicle must have a base MSRP of $50,000 or less and be purchased or leased from a licensed Oregon dealer. Additionally, the applicant must be an Oregon resident and the vehicle must be registered in Oregon and primarily operated in the state.
Charge Ahead Rebate Program
The Charge Ahead Rebate Program is a program that provides rebates to low-income Oregon residents who purchase or lease a new or used electric vehicle, including Teslas. The program offers a higher rebate amount for low-income applicants and for those who are purchasing a used EV.
For Teslas, the Charge Ahead Rebate Program offers a rebate of $2,500 for new vehicles and $1,500 for used vehicles. To be eligible for the program, the applicant must meet certain income requirements, and the vehicle must be registered in Oregon and primarily operated in the state.
UPDATE MARCH 15th, 2023: The Oregon DEQ announced that they will be temporarily suspending the Oregon Clean Vehicle Rebate Program as of May 1. Read the full press release here.
Federal Tax Credit
In addition to state-level incentives, Tesla owners in Oregon may also be eligible for a federal tax credit. The federal government offers a tax credit of up to $7,500 for the purchase of qualifying EVs. However, the tax credit amount for Tesla vehicles is gradually phasing out due to the company reaching a certain sales threshold.
For Tesla vehicles purchased in 2022, the federal tax credit is no longer available. However, those who purchased a Tesla vehicle prior to 2022 may still be eligible for the full or partial tax credit, depending on when the vehicle was purchased.
In conclusion, Tesla owners in Oregon have access to several rebates and incentives that can help make their electric vehicle purchase more affordable. These programs not only benefit the EV owners but also contribute to the state’s efforts to reduce carbon emissions and promote sustainable transportation.
More information is available here:
- Oregon Department of Environmental Quality’s Oregon Clean Vehicle and Charge Ahead Rebate program.
- https://forthmobility.org/why-electric/incentives-savings
- https://www.oregon.gov/deq/aq/programs/pages/zev-rebate.aspx