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Plano resident Tony Federico bought his Tesla five years ago in part because he hated spending lots of money on gas. But that financial calculus will change slightly on Sept.
On Sept. 1, electric vehicle owners in Texas will be charged an extra $200 per year.
The new registration fee is meant to make up for the state’s lost revenue from gasoline taxes that are used to pay for road construction and maintenance.
Texans who own electric cars will have to pay a $200 fee when they register a vehicle or renew their registration after Senate Bill 505 passed.
Plano resident Tony Federico bought his Tesla five years ago in part because he hated spending lots of money on gas. But that financial calculus will change slightly on Sept. 1.