New Jersey’s $250 Tax Shocking to Some New Car Buyers
By: Breaking Local News Report | Published: 2025-07-05 23:53:00 | Source: www.shorenewsnetwork.com
TRENTON, N.J. — Electric vehicle owners in New Jersey are now required to pay an annual $250 fee, following the enactment of a new law that took effect last year. Now, a year later, EV owners are getting hit with a 20% electricity rate hike on top of their $250 tax.
The law, passed as part of a bipartisan Transportation Trust Fund reauthorization, imposes the additional charge on all vehicles classified as zero emission vehicles (ZEVs) under the California Air Resources Board standards. The fee is intended to ensure that electric vehicle owners contribute to road maintenance funding, which is traditionally supported through gasoline taxes.
According to the New Jersey Motor Vehicle Commission, “Beginning July 1, 2024, the annual fee is $250. The annual fee increases $10 per…
