Colorado EV Incentive Calculator
2026Colorado in 2026: $89.05 a year extra to register an electric car ($76.05 for a plug-in hybrid); Colorado EV tax credit is open. The federal EV tax credit ended for vehicles acquired after September 30, 2025.
By Konstantin Iakovlev · Updated October 19, 2026 · Methodology
Annual Fuel Savings
$1,238.57
Annual Maintenance Savings
$480.00
Total Annual Savings
$1,629.52
5-Year Savings
$8,147.61
10-Year Savings
$16,295.21
EV Savings Breakdown
| Annual Gas Fuel Cost | $1,855.71 |
| Annual EV Fuel Cost | - $617.14 |
| Annual Fuel Savings | $1,238.57 |
| Gas Maintenance/yr | $1,212.00 |
| EV Maintenance/yr | - $732.00 |
| Annual Maintenance Savings | $480.00 |
| Extra EV Registration Fee | - $89.05 |
| Total Annual Savings | $1,629.52 |
| 5-Year Savings | $8,147.61 |
| 10-Year Savings | $16,295.21 |
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
Colorado EV Fees and Incentives (2026)
Colorado charges $89.05 a year for an electric car and $76.05 for a plug-in hybrid (July 2026 to June 2027): an inflation-adjusted registration fee plus a road usage fee that rises on a set schedule. Hybrids pay nothing extra.
On July 1, 2027, the road usage part rises to $36 for electric cars and $16 for plug-in hybrids; the inflation-adjusted base fee for 2027-28 has not been published.
Colorado EV tax credit (open): Refundable 2026 state tax credit of $750 for a new EV or plug-in hybrid priced up to $80,000, plus $2,500 if MSRP is under $35,000. It can be assigned to the dealer at purchase. Official program page.
Vehicle Exchange Colorado gives income-qualified residents who scrap an old or polluting car $9,000 toward a new or $6,000 toward a used EV or plug-in hybrid.
The federal clean vehicle tax credits (up to $7,500 for a new EV, up to $4,000 for a used EV, and the commercial clean vehicle credit) ended for vehicles acquired after September 30, 2025. A vehicle still qualifies if a binding written contract was signed and a payment made by that date, even if it was delivered later; the credit is then claimed for the year of delivery.
Colorado EV Fees & Incentives (2026)
| EV Registration Surcharge | $89.05/yr |
| Plug-in Hybrid Surcharge | $76.05/yr |
| Next Change | July 1, 2027: amount not yet published |
| State Purchase Incentive | Colorado EV tax credit (open) |
| Federal EV Tax Credit | Ended for vehicles acquired after Sep 30, 2025 |
| State Tax When You Buy a Car | 2.90% |
Official Sources: