Texas EV Buyer's Guide

Texas EV rebates and charging incentives. TERP $2,500 plus Austin Energy and Oncor charger rebates, on top of federal $7,500.

Updated 27 April 2026 Reviewed by Mr. Bandi 📊 Sources: IRS, EIA, DSIRE, state energy office
Avg residential rate $0.150/kWh EIA monthly · April 2026
Avg gas price (regular) $2.94/gal EIA weekly retail
Available incentive stack $11,450+ Federal + state programs

EV incentives in Texas

ProgramTypeAmountSource
Texas Light-Duty Motor Vehicle Purchase or Lease Incentive Subject to funding cycles. rebate $2,500 tceq.texas.gov ↗
Austin Energy EV Charging Rebate rebate $1,200 austinenergy.com ↗
Oncor EV Charger Rebate rebate $250 oncor.com ↗

EV economics in Texas

With electricity at $0.150/kWh and gas at $2.94/gal, an EV averaging 28 kWh/100mi runs roughly 4.2¢/mile in fuel — a 30-mpg gas car runs about 9.8¢/mile. Multiply by your annual mileage to size the gap.

Run the break-even calculator with Texas defaults →

Top EVs to consider

Frequently asked questions

Can I stack the federal credit with Texas incentives?

Yes. The federal Section 30D $7,500 credit is independent of state programs. Stack it with any rebate, tax credit, or utility program for which you qualify. Sequence matters for income testing — see the federal eligibility checker.

What is the average electricity rate in Texas?

Approximately $0.1500 per kWh based on EIA monthly data, residential class.

What is the current gas price in Texas?

Approximately $2.940 per gallon for regular grade based on EIA weekly retail.

Reviewed by Mr. Bandi · Editorial Reviewer. State and utility program data verified 2026-04-01. About the reviewer →