Savings

Stop paying the pump.

Who says going green has to be expensive?
If you’re using fewer resources, shouldn’t you also save money?

The average US driver will save over $1000 per year in fuel costs alone, not to mention reduced maintenance expenses, registration fees, and even insurance premiums 1. All while dramatically reducing emissions. Combustion engines are quickly becoming a thing of the past. Electric drive is transportation refined, entailing far fewer components and as little as half the maintenance costs2. Electric motors have only one moving part so there’s simply less to break. No more oil changes. No more fuel filters. Why use more if you don’t have to? You’ll save money on fuel. You’ll save money on maintenance. Oh yeah – and you’ll help save the planet.

Yearly Savings Calculator

I pay $ per gallon of gasoline
I drive miles per day
My vehicle gets miles per gallon
I pay $ per kilowatt-hour (kWh) of electricity

Incentives

We maintain close relationships with Federal, State and local governments to ensure that tax credits adequately address your needs. If you have any questions, please contact us here. Read more about tax credit incentives, on the Arcimoto blog.

Federal
  • A federal tax credit of 10% of the cost of the vehicle was available for U.S. purchasers of qualifying electric vehicles prior to January 1, 2012. On that date, the tax credit expired. The advocacy group Plug-In America has fought to retain the credits, and has indicated that it's possible they will be reinstated at a later date as part of further payroll-tax extension legislation. Although a renewal of this tax credit is likely to be retrospective in nature, neither the renewal nor the retrospective effect is guaranteed. As with all tax matters, this information does not constitute tax advice, please consult your tax advisor, attorney, or accountant for specific details.
Oregon
  • Business Energy Tax Credit (BETC): The BETC is a 35% tax credit available to businesses for making energy efficiency improvements to their operations. Electric vehicles are one qualifying component of the BETC. More information (PDF)
Washington & California
  • California has been a leader in encouraging adoption of electric vehicles, and Washington citizens are purchasing hybrids and EVs at an accelerating rate.
  • Specific incentives vary by location so please contact us for more information.
  • You can also search for incentives by state.

1. Based on $0.10/kWh, 25 miles driven per day, $3.00/gal gasoline, and the national average of 22.1 MPG for combustion-engine vehicles. 2. “Electric Drive Vehicles for Mail Delivery: Identifying Key Issues.” Ravnitzky, Michael. Postal Regulatory Commission. May, 2009.