Tax incentives and/or other incentives for drivers of electric vehicles in Olive Branch.
In addition to standard registration fees, all-electric vehicle owners must pay an annual fee of $150 and plug-in hybrid electric vehicle and HEV owners must pay an annual fee of $75. Beginning July 1, 2021, the Mississippi Department of Revenue will increase the fee annually to account for inflation, equal to the increase in the Consumer Price Index for urban consumers for the prior year.
(Reference Mississippi Code 27-19-21 and 27-19-23)
Mississippi utilities joined the National Electric Highway Coalition (NEHC), committing to create a network of direct current (DC) fast chargers connecting major highway systems from the Atlantic Coast to the Pacific of the United States. NEHC utility members agree to ensure efficient and effective fast charging deployment plans that enable long distance EV travel, avoiding duplication among coalition utilities, and complement existing corridor DC fast charger sites. For more information, including a list of participating utilities and states, see the NEHC website.
Mississippi Power offers residential customers rebates for new, leased, or pre-owned EVs. Rebates are available in the following amounts:
| Vehicle Type | Condition | Amount |
|---|---|---|
| All-electric vehicle | New | $1,250 |
| All-electric vehicle | Leased | $1,000 |
| All-electric vehicle | Pre-Owned | $750 |
| Plug-in hybrid electric vehicle (PHEV) | New | $750 |
| PHEV | Leased | $500 |
| PHEV | Pre-Owned | $500 |
Mississippi Power also offers a rebate of up to $250 for Level 2 EV chargers. For more information, including terms and conditions, see the Mississippi Power EVs website.
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