Relative to road toll registration surcharges for electric vehicles.
The bill aims to address a significant issue facing the state with the increasing adoption of electric vehicles, which impacts road toll revenues. By imposing the surcharge, the legislature intends to ensure that electric vehicle owners contribute to the costs associated with road usage and infrastructure maintenance. The revenue generated, projected at around $400,000 annually beginning in FY 2024, will be deposited into the highway fund, thus supporting ongoing transportation needs while facilitating the transition towards cleaner energy alternatives.
SB191 is a legislative bill that introduces a registration surcharge specifically for electric vehicles (EVs) in New Hampshire. Under the bill, battery electric vehicles and plug-in hybrid electric vehicles will incur an annual surcharge of $100 upon registration. The collected fees are intended to help mitigate revenue losses attributed to the decline in transportation fuel taxation, which traditionally funds road maintenance and infrastructure improvements. Additionally, the bill outlines that up to 20% of the collected surcharge will be allocated for the construction of electric vehicle service equipment along the state's transportation corridors, supporting the infrastructure for EVs.
While the bill primarily focuses on enhancing funding for road maintenance in light of changing vehicle usage patterns, discussions may arise regarding the fairness of imposing additional fees on electric vehicle owners. Some stakeholders may argue that such surcharges could discourage EV adoption by increasing ownership costs, especially when these vehicles are already promoted for their environmental benefits. Furthermore, there may be debates on how effectively the funds will be allocated and whether the infrastructural support for EVs will be adequate to meet growing demand.
SB191 is structured to take effect on January 1, 2024, allowing time for the Department of Safety to implement necessary systems for the collection and management of the surcharge. The effectiveness of the bill will largely depend on subsequent actions by the state to develop the electric vehicle service equipment infrastructure, which is critical not only for the convenience of EV drivers but also for the state's broader environmental and energy goals.