More luxury car shoppers in Round Rock, TX are considering electric vehicles. Are there incentives available to help make the switch? At Genesis of Round Rock, we have many new luxury electric vehicles for sale. Our team is here to work with you on financing and leasing options to make driving an EV easy. Learn more about some of the advantages of choosing a new Genesis EV model below.
Does the Federal Government Offer Incentives on Electric Vehicles?
The federal government does provide tax credits for qualifying electric vehicles. These credits can help offset the purchase price.
To be eligible for the federal electric vehicle tax credit, the EV must meet certain criteria. This includes being manufactured by a qualified automaker.
Are There Genesis Electric Vehicles Eligible for Incentives?
Currently, some Genesis electric vehicle models like the GV60 and Electrified G80 may qualify for the federal tax credit. The amount of the credit depends on factors like battery capacity.
Besides the federal EV tax credit, Texas also offers some electric vehicle incentives for drivers in Austin and statewide. These include discounted charging rates and rebates on EV charging equipment.
Some electric utility providers in Texas also provide special plans and lower rates for charging an EV at home. This can help Texas EV owners save on energy costs.
While state-specific incentives in Texas are more limited compared to some other states, the combination of potential incentives can add up. Between the federal tax credit and Texas programs, going electric becomes more affordable.
Learn More About Buying or Leasing a New Genesis Electric Vehicle Today
If you're a Round Rock, TX car shopper considering an electric luxury vehicle like a new Genesis EV, it's worth exploring incentives. Reach out to your local Genesis retailer to learn more about which models may qualify for tax credits and other money-saving programs.
Visit Genesis of Round Rock to explore our electric vehicle inventory. Our team can walk you through available models and help determine your eligibility for EV incentives.
