COOK COUNTY LOCAL ENERGY PROJECT
Electric Vehicles
Curious to learn about electric vehicles? If you're keen to make the switch to an electric vehicle one day, there is a lot to take in about EVs and it can get overwhelming. Let's start with the basics. Dip your toes into the world of EVs with these excellent resources!
Arrowhead Cooperative Customer? Learn more about their program here.
New Tax credits coming in 2023:
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New Electric Vehicle: $7,400 off purchase
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Applies to cars with a max MSRP of $55,000, and vans, SUVs, and pickup trucks with a max MSRP of $80,000. Starting in 2024, these tax credits will convert into an Upfront Discount
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Used Electric Vehicle: $4,000 off purchase
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Applies to vehicles with a max MSRP of $25,000, weighing no more than 14,000 lbs. Starting in 2024, these tax credits will convert into an Upfront Discount.
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EV Chargers 101
AC Level 1
Varies based on car and location, but typically adds about 4 miles per hour and takes about 8-16 hours to fully charge.
AC Level 2
The most common home-charging option; adds 20-30 miles per hour and takes 6-8 hours to fully charge full EV cars, and less than 1 hour to fully charge most plug-in hybrid electric vehicles.
Level 3
Also known as DC fast charging. Adds 40-50+ miles per hour depending on kW power of the charging unit. Can charge 80% of your battery in as low as 30 minutes.
V3
Tesla Superchargers charge at a rate of 250kW, or 75 miles in 5 minutes. Superchargers are available to Tesla customers only.