⚡ Wisconsin EV Tax Credits: What You Need to Know in 2025
As electric vehicles (EVs) become increasingly popular across the U.S., many Wisconsin residents are searching for ways to offset the cost of going electric. While the state does not currently offer direct Wisconsin EV tax credits, there are still several federal programs and utility-based incentives that drivers can take advantage of.
In this article, we’ll break down all current EV incentives for Wisconsin drivers, including available tax credits, rebates, and cost-saving tips—plus affiliate-friendly recommendations on EV chargers, vehicles, and more.
🚫 No State-Level Wisconsin EV Tax Credits (Yet)
As of 2025, Wisconsin does not have a state tax credit or rebate for EV purchases. Despite ongoing advocacy, there are no direct state-funded programs to reduce the cost of new or used electric vehicles.
However, that doesn’t mean Wisconsin residents are left without savings. In fact, the federal government offers several lucrative incentives, and many Wisconsin-based utilities provide EV perks as well.
Federal EV Incentives Available in Wisconsin
✅ New EV Tax Credit – Up to $7,500
Thanks to the Inflation Reduction Act, Wisconsin residents who purchase a qualifying new EV can receive a federal tax credit of up to $7,500.
To qualify:
- Vehicle must be assembled in North America
- MSRP must be under $55,000 (cars) or $80,000 (SUVs/trucks)
- Buyer must meet income limits ($150,000 single / $300,000 joint)
⚠️ Act Fast: This credit is set to expire on September 30, 2025 unless renewed by Congress.
✅ Used EV Tax Credit – Up to $4,000
Buyers of pre-owned electric vehicles can claim a federal tax credit of up to $4,000 or 30% of the purchase price, whichever is lower. To qualify:
- Vehicle must be at least 2 years old
- Purchased from a licensed dealer
- Priced under $25,000
- Buyer income cap: $75,000 single / $150,000 joint
✅ EV Charger Tax Credit – Up to $1,000
Homeowners installing a Level 2 EV charger may claim up to 30% of the cost (max $1,000) as a federal tax credit.
Eligibility:
- Must live in a rural or low-income census tract
- Installation must meet National Electric Code standards
🔋 Local Utility EV Incentives in Wisconsin
Many utility providers in Wisconsin offer their own EV-related programs, which may include:
- Rebates for EV charger installation
- Time-of-Use (TOU) electric rates for off-peak charging
- EV purchase bonuses or free Level 2 charger offers
Check with your provider—such as:
- Madison Gas and Electric (MGE)
- We Energies
- Xcel Energy – Wisconsin
- Alliant Energy
💸 EV Ownership Costs in Wisconsin
While Wisconsin doesn’t offer a tax credit, there are some fees and taxes that EV owners should be aware of:
🚗 Annual EV Registration Fee
As of 2025, EV drivers in Wisconsin must pay:
- $175 per year for fully electric vehicles
- $75 per year for plug-in hybrids
⚡ Public Charging Excise Tax
Starting January 1, 2025, a $0.03 per kWh tax is charged on electricity dispensed at public EV charging stations. This is designed to offset lost gas tax revenue.
🧠 How to Maximize Wisconsin EV Tax Credits
- Buy before September 30, 2025 to take advantage of the federal EV tax credit.
- Verify vehicle eligibility using the IRS list of qualified models.
- Install a smart Level 2 charger and claim the 30% federal credit.
- Check utility incentives for additional savings.
- Compare EV-friendly car insurance options in Wisconsin for long-term savings.
🏁 Final Thoughts
While there are no official Wisconsin EV tax credits at the state level in 2025, residents can still benefit greatly from federal incentives, charger rebates, and utility perks. With the federal tax credits set to expire soon, now is the perfect time for Wisconsin drivers to make the switch to electric.
