Massachusetts Electric Vehicle (EV) Subsidies MOR-EV program

Massachusetts just (9/27/23) announced its HUGE new rebates for buying or leasing electric vehicles (EVs).

These new MA EV incentives are huge and are in addition to the Federal tax credits. On cars, the new MA incentive is $3,500 and on trucks (like the F150 Lightening I have on order) it is $7,500. 

On a new Tesla Model 3, which lists for $37,000, the net price is now $26,000. A new Toyota Corolla is $22,000. Corolla’s cost about $4,000 in maintenance in the first 10 years. The Model 3 will cost nothing.  So, including maintenance the Tesla Model 3 and the Toyota Corolla cost the same. The Tesla Model 3 will save about $800 a year on gas (even when charged at todays very high electricity prices) compared to the Corolla. So, over its first 10 years, the Tesla Model 3 is now about $8,000 cheaper than a Toyota Corolla. The Tesla Model 3 will save far more money if it is charged from rooftop solar panels on your house which can generate electricity for about 5-8c/kWh compared to our local utilities which charge about 40c/kWh. On our solar electricity, I can travel the 200 miles from Dover, MA to New York City for about $4. They Greyhound costs $26, is uncomfortable and spews CO2 and pollution every mile of the way.

The internal combustion powered the advances in the last century. Thank you for all you have done for civilization internal combustion engines, but it now game over and time to move on. Solar, heat pumps and EVs. Plus insulation and triple-pane windows on your house. That is the recipe for getting to net zero.

This is the inflection point we have been working so hard to reach! Congrats to all who have been involved in creating both the federal (IRA) act and the MA one. This is a huge victory for us and the planet!

What incentives are available through MOR-EV?
As of August 8, 2023, MOR-EV has added new incentives for EVs:

  • A $3,500 rebate for the purchase or lease of a new electric car with a total MSRP of up to $55,000 or a used electric car with final sales price up to $40,000.
  • A $7,500 rebate for the purchase or lease of a new electric truck with a total MSRP of up to $80,000.
  • An additional rebate of $1,500 for people who participate in certain income-qualified programs.