Income limits and MSRP cap
Buyer income limits for the federal EV credit: $150,000 single, $225,000 head of household, $300,000 married filing jointly (modified AGI). Vehicle MSRP cap: $80,000 for trucks/SUVs (Lightning), $55,000 for cars (Mach-E falls under SUV cap). If you exceed income limits, you do not qualify for the credit even if the vehicle does.
Florida-specific incentives
Florida does not currently offer a state-level EV purchase rebate. However: Florida has no state income tax (the federal credit is your tax benefit), Florida Power & Light offers EV-friendly time-of-use rates, and some FL utilities offer rebates on Level 2 home charger installation. Eugenio confirms current FPL or municipal utility rebates available in your area.
Charging — what you actually need
Level 1 (standard 120V outlet): 3-5 mi/hr — works for short daily commutes. Level 2 (240V home charger): 10-11 hr full charge from low — sized to charge fully overnight. DC fast charging (public): 36 min from 10-80% on supported networks. Most Lightning owners install a Ford Charge Station Pro (48A) at home.
Used Lightning credit
Used EV credit (Section 25E): up to $4,000 (or 30% of sale price, whichever is less) on qualifying used EVs from a qualifying dealer. Buyer income limits: $75,000 single / $150,000 MFJ. Vehicle must be at least 2 model years old, sold for $25,000 or less. Used Lightnings have started qualifying as the model has matured.