Cost Savings & Benefits
EVs Benefit You and Your Community
Here's why:
Value
EVs cost about 40% less to fuel than a medium-sized gasoline-powered sedan.
Battery EVs (BEVs) require no oil changes and cost less to maintain.
Did you know that DTE offers lower electric pricing options for night and weekend charging?
Compare the costs of owning and operating an electric vehicle versus other vehicles types.
Cleaner Air
An EV driver in Michigan reduces up to 70% of emissions annually compared to a driver of a gas-powered vehicle.
Benefiting Michigan
The energy your EV uses is produced right here in Michigan. That means more money and jobs pumped into our local economy.
Vehicle Performance
Driving an EV is exciting - offering instantaneous torque with nearly silent acceleration.
Quieter Inside and Out
Because electric motors are much quieter than gas-powered motors, EVs reduce traffic noise on roads and neighborhood streets.
Incentives
Home EV Charger Rebate
You can cash in on a $500 rebate when you buy or lease an EV, enroll in an eligible Time of Day rate and install a Level 2 charger.
EV Rebate
You may qualify to receive a $1,500 rebate when you purchase or lease an eligible all-electric vehicle.
Tax Incentives
The U.S. Federal Government offers a tax credit up to $7,500 based on electric vehicle size and battery capacity. They also offer tax credits up to $1,000 for EV chargers. This helps make your new-vehicle purchase more affordable.