Rebates and Tax Credits

HBPW offers a $300 rebate for Level 2 chargers. Residential customers who receive the rebate will be placed on the Electric Vehicle Time of Use Rate (EV TOU) for a minimum of one year. The EV TOU rate, consisting of on-, mid- and off-peak timeframes, replaces the existing residential rate (Rate A) for the entire house. The whole house will be placed on the rate and not just the EV charger.

The federal tax credit for new and used electric vehicles ended on September 30, 2025. If you purchased a qualified vehicle before that date, you may be able to claim the tax credit on your 2025 federal income tax return.

New Vehicle Clean Credit up to $7,500.
You may qualify for a credit up to $7,500 if you bought a new, qualified plug-in EV before September 30, 2025. Under certain conditions between a dealership and a seller, "leasing" a vehicle may allow the purchase to be treated as a "commercial vehicle," thus making it eligible for the full tax credit without satisfying some of the strict program eligibility requirements. Be sure to inquire with the dealership and a tax professional when researching purchase options.

Used Vehicle Clean Credit up to $4,000.
If you bought a qualified used electric vehicle (EV) from a licensed dealer for $25,000 or less before September 30, 2025, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Additional Details.

The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.

If you install qualified vehicle refueling and recharging property at your home, including electric vehicle charging equipment, you may be eligible for a credit of up to $1,000 for each item of property.