Electric Vehicle Tax Credit

Oklahoma Tax Incentive

program summary

H.B 2234, enacted in April 2021, created a 3¢/kWh tax on electric vehicle charging at public, for-profit charging stations. The tax will go into action on January 1, 2024. For taxable years beginning after December 31, 2023, electric vehicle owners can apply for a tax credit against these charges. The maximum amount of credit is equal to the registration fees for the electric vehicle(s) paid during the same tax year:

Vehicles under 6,000 pounds: $110 for all-electric, $82 for plug-in hybrids
Vehicles 6,000 - 10,000 pounds: $158 for all-electric, $118 for plug-in hybrids
Vehicles 10,000 - 26,000 pounds: $363 for all-electric, $272 for plug-in hybrids
Vehicles over 26,000 pounds: $2,250 for all-electric, $1,687 for plug-in hybrid

If a taxpayer's tax liability is less than the amount of credit due, the excess credit may be carried forward for up to 5 years.

eligible technologies

Heavy-Duty Electric Vehicles, Medium-Duty Electric Vehicles, Neighborhood Electric Vehicles, Passenger Electric Vehicles, Plug-in Electric Hybrid Vehicles

program timeline

Program start date: 2024-01-01

list of rebates

- Flat rebate of $0.03 per kWh (Heavy-Duty Electric Vehicles)

- Maximum rebate of $363 (Heavy-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Heavy-Duty Electric Vehicles)

- Maximum rebate of $2250 (Heavy-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Heavy-Duty Electric Vehicles)

- Maximum rebate of $272 (Heavy-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Heavy-Duty Electric Vehicles)

- Maximum rebate of $1687 (Heavy-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Medium-Duty Electric Vehicles)

- Maximum rebate of $158 (Medium-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Medium-Duty Electric Vehicles)

- Maximum rebate of $363 (Medium-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Medium-Duty Electric Vehicles)

- Maximum rebate of $118 (Medium-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Medium-Duty Electric Vehicles)

- Maximum rebate of $272 (Medium-Duty Electric Vehicles)

- Flat rebate of $0.03 per kWh (Neighborhood Electric Vehicles)

- Maximum rebate of $110 (Neighborhood Electric Vehicles)

- Flat rebate of $0.03 per kWh (Passenger Electric Vehicles)

- Maximum rebate of $110 (Passenger Electric Vehicles)

- Flat rebate of $0.03 per kWh (Plug-in Electric Hybrid Vehicles)

- Maximum rebate of $82 (Plug-in Electric Hybrid Vehicles)

- Flat rebate of $0.03 per kWh (Plug-in Electric Hybrid Vehicles)

- Maximum rebate of $118 (Plug-in Electric Hybrid Vehicles)

- Flat rebate of $0.03 per kWh (Plug-in Electric Hybrid Vehicles)

- Maximum rebate of $272 (Plug-in Electric Hybrid Vehicles)

- Flat rebate of $0.03 per kWh (Plug-in Electric Hybrid Vehicles)

- Maximum rebate of $1687 (Plug-in Electric Hybrid Vehicles)

program notes

2025-06-04 17:46:20: Updated authorities and registration fees.