News
December 12, 2024

ELECTRIC VEHICLE FEES

Chris Nelson
Chris Nelson
ELECTRIC VEHICLE FEES

BEGINNING JANUARY FIRST…….BY STATUTE…..OWNERSHIP FEES FOR ELECTIC VEHICLES IN KENTUCKY WILL INCREASE BY FIVE-PERCENT TO ACCOUNT

FOR CHANGES IN NATIONAL ROAD MAINTENANCE COSTS…..

SEPARATE LEGISLATION ELIMINATED OWNERSHIP FEES FOR HYBRID-VEHICLES BEGINNING IN 20-25……

THE NEW…..ANNUAL OWNERSHIP FEES UNDER KENTUCKY LAW WILL BE……126-DOLLARS FOR ELECTRIC VEHICLES AND FOR PLUG-IN HYBRID ELECTRIC VEHICLES

AND 63 DOLLARS FOR ELECTRIC MOTORCYUCLES…..

 

IN 2023……THE GENERAL ASSEMBLY ADDED AN ELECTRIC VEHICLE AND ELECTRIC MOTORCYCLE OWNERSHIP FEE TO ENSURE ROAD CONSTRUCTION AND

MAINTENANCE COSTS WERE SHARED FAIRLY BETWEEN THE COMMONWEALTH’S  ELECTRIC-VEHICLE AND GAS VEHICLE DRIVERS…..

 

THE FEE IS SUBJECT TO ADJUSTMENT ANNUALLY……AND THE FEES GO TO THE ROAD FUND…. WHICH PAYS FOR CONSTRUCITON, MAINTENANCE,

ENGINEERING, PLANNING AND RESEARCH…..AS WELL AS ADMINISTRASTIVE FUNCTIONS……

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