Is buying an EV worth it in New Jersey?

For most NJ drivers, the combination of state and federal incentives, lower fuel costs, and reduced maintenance makes an EV a financially sound choice. The key variables are whether you have home charging, your annual mileage, and how long you plan to keep the vehicle. If you drive 12,000 to 15,000 miles per year, have a place to charge at home, and can access the available incentives, the total cost of EV ownership is frequently competitive with or below a comparable gas vehicle over 3 to 5 years.