Maryland has 1 open EV program on our list. At 21.4¢/kWh, 100 miles costs about $6.42 at home, vs. $13.33 of gas in a 30 mpg car.
Last checked October 30, 2026. Programs open and close without notice; confirm on the official page.
State programs
Excise Tax Credit for Plug-in Electric or Fuel Cell Vehicles
$3,000 · Open; $2.2 million left on October 1, 2026
New vehicle, titled from 2023-07-01 and before 2027-07-01, subject to funding; dealers apply through portal. MSRP cap and lease eligibility not confirmed.
We track Excise Tax Credit for Plug-in Electric or Fuel Cell Vehicles (Open; $2.2 million left on October 1, 2026). Check the official page before you count on one, since funding changes.
How is an EV lease taxed in Maryland?
6.5% vehicle excise tax, not the general 6%. Rebates and down payments do not lower it.
Does Maryland charge a yearly EV fee?
Yes, $125 a year on top of regular registration.
Is charging at home cheaper than gas in Maryland?
At 21.4¢/kWh, 100 miles costs about $6.42 at home, vs. $13.33 of gas in a 30 mpg car.