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Tax incentives and/or other incentives for drivers of electric vehicles in Hugo.
A low-speed electric vehicle (EV) is any four-wheeled EV powered by an electric motor that draws current from rechargeable storage batteries or other sources of electric current and whose top speed is greater than 20 miles per hour (mph) but not greater than 25 mph. Low-speed EVs may not operate on streets or highways with posted speed limits greater than 35 mph, but may cross a street or highway with a posted speed limit greater than 35 mph.
A medium-speed EV is defined as any self-propelled, electrically powered four-wheeled motor vehicle, whose top speed is greater than 30 miles per hour (mph) but not greater than 35 mph. Medium-speed EVs must be registered according to the Oklahoma Vehicle License and Registration Act. Medium-speed EVs may operate on roadways with a posted speed limit of up to 45 mph but are not permitted to travel on any highway in the state that is a part of the National System of Interstate and Defense Highways. Low- and medium-speed EVs must meet the safety standards specified in Title 49 of the Code of Federal Regulations, section 571.500.
(Reference Oklahoma Statutes 47-11-805.1, 47-1102.2, and 47-1151.4)
A vehicle powered in whole or part by natural gas, electricity, or hydrogen may exceed the state’s gross and axle weight limits by up to 2,000 pounds (lbs.), equal to the difference between the weight of the vehicle with the natural gas tank, battery, or hydrogen fueling system and the weight of a comparable diesel tank and fueling system. The exemption is allowed on all state roads and interstate highways, as defined in Title 23 of the U.S. Code section 127(s).
Any vehicle equipped with idle reduction technology may exceed the state’s gross vehicle weight limits by up to 400 lbs. to compensate for the additional weight of the idle reduction technology. The additional weight may not exceed the actual certified weight of the idle reduction unit. Upon request, vehicle operators must provide proof or certification of the weight of the idle reduction technology and proof that the idle reduction technology is fully functional.
(Reference Oklahoma Statutes 47-14-109, 47-14-109.3, and 47-14-109.4)
Public EV chargers are subject to a tax of $0.03 per kilowatt-hour. The tax does not apply to EV chargers at private residences. Tax revenue will be apportioned to the Driving on Road Infrastructure with Vehicles of Electricity (DRIVE) Revolving Fund.
(Reference Oklahoma Statutes 68-6501 through 68-6510)
EV owners must pay an annual vehicle registration fee in addition to standard vehicle registration fees. Fee amounts vary depending on the gross vehicle weight rating (GVWR) of the vehicle:
| GVWR | Annual EV Registration Fee | Annual PHEV Registration Fee |
|---|---|---|
| 6,000 pounds (lbs.) or below | $110 | $82 |
| 6,001 lbs. to 10,000 lbs. | $158 | $118 |
| 10,001 lbs. to 26,500 lbs. | $363 | $272 |
| Greater than 26,501 lbs. | $2,250 | $1,687 |
A percentage of the revenue from the annual fee will be apportioned to the Driving on Road Infrastructure with Vehicles of Electricity (DRIVE) Revolving Fund.
(Reference Oklahoma Statutes 68-6511)
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