2 9

Navigating EV Tax Credits in 2023

This episode of Middle Tennessee Electric's Plugged In Podcast features a detailed discussion about electric vehicle (EV) tax credits with lead economist Teri Viswanath from Cobank. The conversation covers the qualifications and restrictions for claiming tax credits on new and used EVs, including maximum claim amounts, income restrictions, and the requirement for vehicles to be manufactured in North America. The hosts, Brandon Wagner and Amy Byers, explore changes to tax credits, such as the introduction of a point-of-sale rebate in 2024 and the distinction between two separate credits for raw materials and battery components. Additionally, they discuss tax credits for EV chargers and energy-efficient installations at home, and the impact of the leasing option for EVs. The episode also touches upon the current state of the EV market, inventory levels at dealerships, and the importance of reliable public charging infrastructure.

00:00 Introduction to the Podcast

00:31 Guest Introduction: Teri Viswanath

00:36 Discussion on Tax Credits for Electric Vehicles

01:50 Guidelines for Filing for 2023 EV Tax Credit

03:55 Personal Experience with EV Tax Credits

10:14 Changes in Tax Credits for 2024

12:38 Impact of New Tax Credits on Dealerships

18:27 Tax Credits for EV Charging Equipment

24:21 Future of Electric Vehicles and Tax Credits

28:06 Conclusion and Contact Information

Here's some more information you might find helpful to topics we referenced in this episode:

MTE's Electric Vehicle Programs & Educational Resources

• https://mte.com/DriveEV — Hub for all things electric vehicles at MTE

• https://mte.com/EVCarClub — MTE-sponsored car club for EV owners and enthusiasts interested in building a community in Middle Tennessee

• https://mte.com/EVReady — $50 incentive for MTE members or homebuilders installing level 2 chargers at their homes

Copyright 2025 Middle Tennessee Electric