Across Tennessee there are several incentives offered for those who opt to own an EV or install electric vehicle supply equipment (EVSE). Listed on this page are the current organizations and programs offering monetary incentive programs.
Knoxville Utility Board offers Time of Use and Electric Vehicle Charging rates for residential and commercial customers.
You can find other EV-related resources including KUB Charging Stations here.
Middle Tennessee Electric is committed to educating its members on the benefits of driving electric. Their ongoing EV incentive plans include developing programs and educational materials to answer questions and help our members embrace EVs into their daily lives.
For MTE members who own an EV or are interested in them, MTE offers the EV Car Club which is an email list keeping users up to date on their EV education opportunities and other related activities.
For additional help in choosing the right EV for you, the MTE website directs users to the TVA EnergyRight page. This resource allows you to compare different EV models at different price points and battery ranges to identify which EV or PHEV on the market fits your needs.
Federal Incentive
“No Tax on Car Loan Interest”
- New deduction: Effective for 2025 through 2028, individuals may deduct interest paid on a loan used to purchase a qualified vehicle, provided the vehicle is purchased for personal use and meets other eligibility criteria. (Lease payments do not qualify.)
Source: IRS.gov
