Tax incentives and/or other incentives for drivers of electric vehicles in Sherwood.
The Wisconsin Department of Administration (DOA) encourages state employees operating state-owned or leased motor vehicles to use hybrid electric vehicles or vehicles that operate on gasohol (a motor fuel containing at least 10% alcohol) or alternative fuels whenever feasible and cost effective. DOA must place a list of gasohol and alternative fueling station locations in each state-owned or state-leased motor vehicle for driver reference. DOA also encourages Wisconsin residents and state employees who use personal motor vehicles on state business to use gasohol and alternative fuels.
(Reference Wisconsin Statutes 16.045)
In addition to standard registration fees, all-electric vehicle owners must pay an annual fee of $175. Plug-in hybrid electric vehicle and hybrid electric vehicle owners must pay an annual fee of $75.
(Reference Senate Bill 70, 2023 and Wisconsin Statutes 341.25(1)(L))
MGE offers a TOU rate for customers that own an EV. For more information, see the MGE Shift & Save website.
MGE residential customers can pay $20 per month for the installation and maintenance of a Level 2 EV charging station. Participants must sign a five-year service agreement. For more information, see MGE’s Charge@Home website.
Wisconsin utilities joined the National Electric Highway Coalition (NEHC), committing to create a network of direct current fast charging (DCFC) stations 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 DCFC sites. For more information, including a list of participating utilities and states, see the NEHC website.
Xcel Energy offers TOU rates to residential customers that own an EV. For more information, see the Xcel Energy EV Accelerate at Home website.
The Xcel Energy EV Accelerate at Home program offers to install and maintain Level 2 EV charging stations at residential locations. Participants will also be enrolled in a TOU rate for electricity used to charge EVs. For more information, including how to apply, see the Xcel Energy EV Accelerate at Home website.
Touchstone Energy member cooperatives may offer EV incentives to residential customers. Local cooperatives that may currently offer incentives include:
For more information, including a full list of member cooperatives and available incentives, see the Touchstone Energy Cooperative Network website.
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