Tennessee EV Incentive Calculator

2026

Tennessee in 2026: electric cars pay a $200 yearly fee, $0 more than a comparable gas car; no state purchase incentive is open. The federal EV tax credit ended for vehicles acquired after September 30, 2025.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

miles
$/gal
MPG
$/kWh
mi/kWh

Annual Fuel Savings

$1,238.57

Annual Maintenance Savings

$480.00

Total Annual Savings

$1,518.57

5-Year Savings

$7,592.86

10-Year Savings

$15,185.71

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- $200.00
Total Annual Savings$1,518.57
5-Year Savings$7,592.86
10-Year Savings$15,185.71

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.

Tennessee EV Fees and Incentives (2026)

Tennessee charges $200 a year for an electric car and $100 for a hybrid or plug-in hybrid, collected at renewal rather than first registration. The amounts follow a set schedule, with inflation adjustments starting in 2028.

From January 1, 2027, the electric-car fee rises to $274 at renewal; hybrids and plug-in hybrids stay at $100. Both are adjusted for inflation each year from 2028.

No state-funded rebate or tax credit for buying an electric car is open in Tennessee as of October 2026; check your electric utility for local rebates.

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.

Tennessee EV Fees & Incentives (2026)

EV Registration Surcharge $200/yr
Plug-in Hybrid Surcharge $100/yr
Hybrid Surcharge $100/yr
Next Change January 1, 2027: $274 EV
State Purchase Incentive None open
Federal EV Tax Credit Ended for vehicles acquired after Sep 30, 2025
State Tax When You Buy a Car 7.00%

Official Sources:

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