Electric Vehicle Offers & Information
Install an ENERGY STAR Certified Level 2 (240V) EV Charger and Get a $250 Rebate!
As part of Lake Region Electric Cooperative's Take Control & Save program we are offering a $250 Rebate for the installation of an ENERGY STAR Certified Level 2 charging station.
To be eligible you must be a residential or commercial member in good standing with the cooperative and the structure in which the charging station is installed must be a permanent structure on a permanent foundation on land owned by the member. Rebates are limited to eligible services (homes, lake homes, shops, barns, commercial buildings, etc) that purchase more than 6,000 kilowatt-hours of electricity from the cooperative on an annual basis.
To be eligible you must be a residential or commercial member in good standing with the cooperative and the structure in which the charging station is installed must be a permanent structure on a permanent foundation on land owned by the member. Rebates are limited to eligible services (homes, lake homes, shops, barns, commercial buildings, etc) that purchase more than 6,000 kilowatt-hours of electricity from the cooperative on an annual basis.
- Equipment must be new and ENERGY STAR rated.
- The cooperative reserves the right to complete an on-site inspection of the charger after installation.
- Electric vehicle charging stations that receive rebates may be subject to cooperative load control programs. The participant agrees to allow the cooperative to control the timing of their charging equipment now or in the future.
- Recipients of rebates may be requested to participate in a future survey by phone or e-mail.
- Owner must provide proof of purchase within 90 days and attach this form.
Incentive Information
• Limit of two rebates per member location.
• Attach additional applications for more units.
• The application must include all the requested information.
• Please allow 6-8 weeks for rebate processing. Please keep a copy for your records.
• INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED AND WILL BE RETURNED.
• Attach additional applications for more units.
• The application must include all the requested information.
• Please allow 6-8 weeks for rebate processing. Please keep a copy for your records.
• INCOMPLETE APPLICATIONS WILL NOT BE PROCESSED AND WILL BE RETURNED.
IRS: Federal Tax Credit for New & Used Electric Vehicles - Ended September 30, 2025
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.
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.
- Consult your tax adviser to make sure you qualify
- Tax credit amount varies based on vehicle details
- Restrictions apply, subject to change without notice
- Vehicle must be purchased before September 30, 2025
Incentive Information
Electric Vehicle Federal Tax Incentive up to $7,500
IRS: Federal Tax Credit for Electric Vehicle Charging Equipment up to $1,000
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.
- Consult a tax professional to see if your installation qualifies
- Visit IRS website for additional information
- This tax credit ends June 30, 2026
Incentive Information
Federal Tax Credit up to $1,000 for residential charging equipment