The Department of Energy Resources has statutory authority to set an annual budget for MOR-EV Trade-In rebates based on a percentage of the projected fiscal year spending. Between July 1, 2024, and June 30, 2025, the total available funding for this rebate program is $558,740.00. MOR-EV Trade-In rebates are available on a first come, first served basis.
How much funding is available for the MOR-EV Trade-In rebate program?
Eligible applicants have until Sept. 30, 2025, to use the MOR-EV incentive alongside the federal EV tax credit. The MOR-EV program will remain open until further notice, but the federal tax credit for new and used EVs will expire on Sept. 30, 2025. FAQs about the federal tax credit can be found here.
FAQ Category
Application Process & Eligibility