British Columbia Electric Car Rebates – With gas prices rising and the issue of climate change in our minds many are asking whether it’s the right time to invest into an electric vehicle. Well, there are some wonderful incentives to consider making the switch, like government rebates. Find out more. We hope that you’ll be on the road to owning an electric vehicle in no time. Here’s an overview of the various programs offered in Canada. These rebates will to make the transition easier and save you money in the long run.
Available British Columbia Electric Car Rebates
One California lawmaker has proposed to double the electric vehicle rebate up to $7500 to allow more people to afford having an electric vehicle. The current rebate of $2,500 doesn’t provide enough incentive to encourage an electric car purchase. A $7,500 cash rebate would encourage more people to purchase electric cars and combat the climate change. But, the state can only provide a portion of the grant, and certain individuals aren’t eligible. If you’re interested in availing of this offer so don’t hesitate!
You can get an electric credit if you make use of the iZEV program, a federally funded incentive program. This rebate is applicable to new battery-electric and plug-in hybrid vehicles, as well as certain vehicle models that use hydrogen as fuel. The amount you receive will depend on the kind of vehicle you purchase. There are two levels of rebates which are standard rebates and more rebates for hybrid and fuel cell vehicles. You can find the rebate amount that is appropriate to your requirements.
There are also additional benefits through your local utility. In Ashland, the electric bike and vehicle incentive program is available to current Ashland Electric customers of the utility with the account active. In the moment, the program provides the opportunity to earn a $1,000 rebate on electric vehicles and e-bikes. The program runs from November 2020 until November 2021. The program is expected to run until early August 2022. This rebate offers a great chance to invest in an electric bicycle or electric vehicle.
The State of Vermont has an incentive program known as the New Electric Vehicle Rebate. The program offers customers in Vermont the opportunity to receive up to $4800 in new electric vehicles. The amount you can receive in rebates varies but it’s contingent upon your household’s financial situation and the electric range. Visit the Drive Electric Vermont website to find out if you qualify for the program and the exact amounts you will be eligible for. Be sure to review eligibility requirements before buying an electric vehicle. The state maintains an eligibility list of vehicles.
This program lets you buy an electric vehicle at lower cost from a local dealership. This program is available for used or brand new electric vehicles. Making a purchase at an dealer in Colorado is eligible for an additional $3,000 in rebate. In addition, it gives you up to $5,000 federal subsidy. When you combine these two incentives you’ll save more cash. This is the perfect reason to make the switch to electric. And the best part is that it gives local businesses.
To qualify for this rebate you must be a resident of Boulder City. The city introduced new utility rebates for electric utilities in May 2022.