Mississippi EV Tax Credits: Your 2025 Guide to Savings
As electric vehicles (EVs) become more accessible, Mississippi residents are eager to discover ways to save on their next clean energy ride. While Mississippi EV tax credits are not available at the state level, there are still several powerful incentives through federal programs and local utility rebates that can reduce your upfront and long-term costs.
This article breaks down all the available EV tax incentives in Mississippi and how you can make the most of them in 2025.
🚫 No Statewide Mississippi EV Tax Credits (Yet)
As of 2025, Mississippi does not offer a statewide EV purchase tax credit or rebate. However, drivers in the Magnolia State can still unlock thousands in savings through federal tax credits and utility rebate programs.
While state officials have considered pro-EV legislation, no major statewide tax credits have passed. Instead, consumers should focus on programs from:
- The Internal Revenue Service (IRS)
- Mississippi Power
- Private EV charging and auto retailers
✅ Federal EV Tax Credits for Mississippi Drivers
Mississippi residents qualify for federal EV tax credits under the Inflation Reduction Act (IRA):
🔹 New EV Tax Credit – Up to $7,500
- Available for qualifying new EVs or plug-in hybrids
- Vehicle must be assembled in North America
- Income and MSRP caps apply
- Battery component and mineral sourcing requirements must be met
🔹 Used EV Tax Credit – Up to $4,000
- Vehicle must be at least 2 years old
- Sale price must be under $25,000
- Income restrictions apply
🔹 EV Charger Tax Credit – Up to $1,000
- Covers 30% of the cost of a home Level 2 charger (up to $1,000)
- Only available in low-income or rural census tracts in Mississippi
💡 Monetization Tip: Link to EV dealership websites and charger brands like ChargePoint, JuiceBox, or local electricians using affiliate programs to generate passive income.
⚡ Mississippi Power EV Rebates
While there are no Mississippi EV tax credits from the state itself, Mississippi Power offers generous cash rebates for EV buyers and homeowners who install charging equipment.
🛻 Vehicle Purchase Rebates
- New All-Electric Vehicle (BEV): $1,250
- Leased BEV: $1,000
- New Plug-In Hybrid (PHEV): $750
- Leased PHEV: $500
- Used BEV/PHEV (purchase price ≥ $10,000): $750 / $500
🔌 EV Charger Rebate
- Receive $250 for installing a qualified Level 2 charger at home
- Must be a Mississippi Power customer
- Application must be submitted within 120 days of EV purchase or lease
💸 Annual EV Registration Fees in Mississippi
Don’t forget: Mississippi charges additional annual registration fees for EVs.
| Vehicle Type | Additional Fee |
|---|---|
| Battery Electric Vehicle (BEV) | $150/year |
| Plug-In Hybrid (PHEV) | $75/year |
These fees help fund state highway infrastructure in place of lost gas tax revenue.
📆 Time Is Running Out: Federal Credits End Sept. 30, 2025
The current federal EV tax credit structure is set to expire on September 30, 2025. Unless Congress renews or replaces these incentives, drivers may lose access to:
- $7,500 new EV credit
- $4,000 used EV credit
- 30% charger installation credit
EV automakers and dealerships are expected to increase promotions and discounts throughout mid-to-late 2025. If you’re considering an EV, now is the time to act.
🛠️ How to Claim Your Credits and Rebates
- Choose a qualifying EV using IRS-approved lists
- Complete IRS Form 8936 to claim the federal EV credit on your tax return
- Apply to Mississippi Power within 120 days of purchase/lease for rebates
- File IRS Form 5695 for the home charger installation credit
- Track your annual EV registration renewal fees
🔑 Final Thoughts on Mississippi EV Tax Credits
While Mississippi EV tax credits are not offered at the state level, residents can still save over $8,750 through federal and utility programs. Between the $7,500 federal credit, up to $1,250 in utility rebates, and a $1,000 charger credit, the savings add up fast.
With the federal incentives set to expire in September 2025, now is the perfect time to make the switch to electric. And as Mississippi’s infrastructure continues to improve, EV ownership will only get easier.
