Electric vehicles are growing in popularity across the country as more and more drivers look to save money at the pump, reduce their environmental impact, and enjoy the latest automotive technology. Luckily for residents of Ozark, MO and the surrounding Ozarks region, there are several incentives available that make going electric an even smarter choice.
Federal Electric Vehicle Tax Credit
One of the biggest incentives for purchasing a new electric vehicle is the federal EV tax credit. This can provide a credit of up to $7,500 on your federal taxes for the year you buy a new EV. Many popular Chevrolet electric models, like the Bolt EV and Bolt EUV, are currently eligible for the full $7,500 amount. This tax credit can significantly offset the initial cost of going electric.
Missouri EV Charging Rate Incentives
While Missouri does not currently offer state-specific rebates or tax credits for electric vehicle purchases, there are some incentives available related to EV charging. Some utility companies in Missouri, including in the Springfield area, provide time-of-use rate plans for EV owners that allow them to save money by charging during off-peak hours. These plans can help lower the cost of charging your electric car at home.
Find the Right Electric Vehicle at Ozark Chevrolet
If you're a Missouri resident considering making the switch to electric, Ozark Chevrolet is here to help. Our knowledgeable sales staff can walk you through the current Chevrolet EV lineup and help you find the right model for your needs and budget. We'll also make sure you're aware of any available incentives you may qualify for.
Ozark Chevrolet is conveniently located at 1020 N. 18th St. in Ozark, putting us in easy reach of EV shoppers from Branson, Nixa, Republic, and throughout the Ozarks. In addition to a great selection of the latest Chevy EVs, we also offer charging stations on-site to make your shopping experience as convenient as possible.
Electric vehicles offer a host of impressive benefits, from instant torque for an exciting driving experience to lower long-term fuel and maintenance costs. With federal tax credits and potential savings from EV charging rates, going electric is a smart financial choice for many Missouri drivers. Visit Ozark Chevrolet today and let us help you find the perfect electric vehicle for your lifestyle.