How To Take Advantage Of Utah EV Incentives

Utah has several state incentives for electric vehicles. The state is rather generous compared with others and comes close to California with its incentives.

Here are a few key takeaways:

1️⃣ Utah offers 9 incentives for alternative fuel vehicles, around 5 of which apply to electric cars.

2️⃣ Utah residents also qualify for utility rebates for their homes or businesses.

3️⃣ On top of these incentives, the federal tax credit of up to $7500 still applies.

It is important to remember that the best way to get the most out of the incentives discussed in this article is to work with a professional tax consultant. 

Electric Vehicle Federal Tax Credit

Before we dive into this article, it is essential to remember that as a Utah resident, you still qualify for the federal tax credit granted to qualifying electric vehicle owners.

The tax credit is up to $7500, and that is on top of any of the incentives offered by the state of Utah.

I highly recommend reading one of our recent articles to learn more about these federal incentives.

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A Complete Overview Of Utah’s EV Incentives

As mentioned, Utah has many EV incentives, all under the umbrella of alternative fuel vehicles.

So remember that not all incentives under the alternative fuels laws apply to electric vehicles.

For example, some may apply to hydrogen fuel-type vehicles, while others may only apply to heavy-duty vehicles that use alternative fuel types. With that out of the way, here are a few incentives for purchasing an electric car in Utah:

  • Electric Vehicle Emissions Inspections Exemption

  • Tax credit on heavy-duty electric vehicles 

  • Alternative Fuel Vehicle Conversion Grants

  • HOV lane access

  • Utility rebates

Let’s discuss these in further detail.

Electric Vehicle Emissions Inspections Exemption

So, as an electric vehicle owner, your car needs to pass specific safety tests, and you still need to ensure that your vehicle stays registered and road worthy.

However, your electric vehicle does not have to go through emission inspections.

To qualify for this incentive, your vehicle must be 100% battery electric, as hybrids and other types are not included.

Electric Heavy-Duty Vehicle Tax Credit

The heavy-duty electric vehicle tax credit is significant, and you can apply for it here. In 2023, the tax credit is up to $12,000 per vehicle.

The taxpayer must qualify for it by following a few guidelines. For example, the car must complete at least 50% of its mileage in the state of Utah.

If you are applying for multiple heavy-duty vehicles, there is a limit of up to $500,000 in tax credits. Please speak to a tax consultant regarding this figure. Here are a few examples of qualifying vehicles:

  • Semi-trucks
  • Dump-trucks
  • 18 wheelers
  • Cement trucks

Alternative Fuel Vehicle Conversion Grants

The Alternative Fuel Vehicle Conversion Grant applies to businesses and government vehicles. The grant aims to help fund the conversion of road transportation from gas-powered to alternative fuels, including electric.

While the legislature’s terms and conditions can get tricky, your business can qualify for the grant, which will help cover 50% of the cost up to $2500.

HOV Lane Access

The high occupancy vehicle lane is typically designed for public transport.

But to incentivize the use of clean energy vehicles. Utah permits any alternative fuel vehicle to access the HOV lane regardless of how many passengers are in the car.

You must apply for a decal before you can access the lane. However, it is important to remember that you might not get a decal as a limited number are available.

What Is The EV Charging Station Rebate?

Businesses and government entities qualify for a rebate if they install a level 2 or higher electric vehicle charging station.

The maximum amount is up to $75,000. The station must be installed in Utah by a business that holds a Utah business license.

Businesses also qualify for a utility rebate for installing the EV charger station.

To find out more and apply, please follow this link.

What Are The Utility Incentives For EVs in Utah?

This is where Utah starts to fall short. In other states, taxpayers qualify for more substantial incentives and rebates from utility providers for driving an electric vehicle.

Utah’s utility companies offer rebates mainly for non-residential DC fast charging installations.

However, Rocky Mountain Power provides a rebate of up to $200 to homeowners who buy and set up a Level 2 EV charging station.

In addition, customers can claim one rebate per electric vehicle owned. Please visit the Rocky Mountain Power Utah Electric Vehicle Incentives website to learn more.

How To Take Advantage Of Utah’s EV Incentives

There are countless amounts of people who do not take advantage of the incentives offered not only by the federal government but also by the state.

Here are the steps you need to take to claim your incentives for owning an electric vehicle:

  • First, check if you’re eligible.
  • Keep in mind any additional requirements you might have to meet.
  • Speak to your local council.
  • Buy or lease an electric vehicle that qualifies.
  • Apply for the incentives.
  • For Federal Tax Credits, apply here.
  • Get the incentives once your application’s approved.

The Benefits Of Utah’s EV Incentives

Utah’s benefits increase if the vehicle is built in the United States. That incentive alone should drive the economy up. More manufacturing equals more jobs.

For you, the taxpayer, these incentives make the ownership of an electric vehicle a little bit easier to afford financially.

Let us not forget that electric vehicles may seem more expensive on the surface, but with these incentives, they do not cost much more than any other vehicles.

Most states in America are starting to offer more and more incentives for going green, and as long as they keep pushing these incentives, we should have a clean environment in no time.


How Much Does It Cost To Register A Tesla In Utah?

There are different rules for registering a Tesla or any electric vehicle in Utah. For example, you can register the car and pay 1.5 cents per mile yearly. However, the cap is $140, and you will not have to pay more.

The RUC program was introduced at the start of 2023, which reduces the cost to 1 cent per mile. That said, it is only for drivers who cover less than 8000 miles. The cap is set at $130.

How Much Does It Cost To Insure A Tesla In Utah?

Insurance companies typically determine the insurance cost for each vehicle in each state. Many variables include your age, experience, vehicle model, and more.

That said, a Utah resident can expect to pay around $900 to insure their Tesla. This figure is an annual payment. It can be reduced if the vehicle owner does not make any claims for extended periods.

Key Takeaways

Utah’s renewable energy incentives are some of the best in the country. However, the most generous EV adoption benefits are for heavy-duty vehicles.

1️⃣ Utah incentivizes individuals, businesses, and non-profit organizations for electric vehicles.

2️⃣ The federal tax credit also applies to Utah residents and is the best incentive.

3️⃣ Utah plans to run its incentives until at least 2030.

Whether you are a home buyer or business looking at installing home charging equipment Utah has some attractive rebates.

The articles below are filled with buying advice that will help make the selection process much easier:

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