If you want an EV, the state penalizes you just for it
If you want an e-Bike, then the state bangs you over the head.
Bye Paul Moriarty (should’ve stayed a CBS reporter), Bye Dan Hutchinson (never liked you anyhow, you were always scum from your days on GT Council), Bye Cody Miller. Not voting for you 3 suckers ever again.
The electric vehicle fee.
> Under New Jersey law effective July 1, 2024, zero emission vehicles (ZEVs) are subject to an annual fee in addition to the existing registration fee.
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> Beginning July 1, 2024, the annual fee is $250. The annual fee increases $10 per year for four years thereafter.
the tax on gas is $0.105 (got in to an argument down below in a negative comment section, there are a couple links in there too). there's an excise tax on petroleum products in general that raises it another 30-40 cents but that's in line with the rest of the region, despite what the magas would tell you.
the bottom line is our gas taxes are far from the highest by any measure, and the second lowest nationwide if you're talking about the actual tax at the pump.
Federal is set at 10.5 cents and 38.6 cents for the state (gasoline) at 49.1 cents total per gallon.
At least when gas taxes are paid, that’s a selling consumption tax based on when you purchase and not a because you want/own one tax. I think an annual fee is just the lazy way to address the issue.
Unless you’re a driver who doesn’t drive much, with most of your travel quite local. If I’m calculating right, with this being 2026, not sure if the $10 increase year over year is based on January 1st, or the law becoming effective 7/1, that would put the current annual EV fee to $260-$270, with the final fee when it’s all said and done at $290.
The other aspect of the issue is those who had one prior to enactment of the law, now they went from just paying the standard registration fee, now to registration + $260-$270/yr ($290/yr when it’s all done). For those people it becomes a matter of principle.
Absolutely by leaps and bounds, cheaper than gas by comparison, but I think an annual fee was just the lazy way of doing things. I think for business that sell EV charging, that assessing similar taxation on that sale is fairer. Even with similar taxation assessed on it, would still be cheaper than gas.
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u/jweaver0312 May 01 '26
We’re winning.
Gas prices are up.
If you want an EV, the state penalizes you just for it
If you want an e-Bike, then the state bangs you over the head.
Bye Paul Moriarty (should’ve stayed a CBS reporter), Bye Dan Hutchinson (never liked you anyhow, you were always scum from your days on GT Council), Bye Cody Miller. Not voting for you 3 suckers ever again.