California Plans to Cut Rebates for Rich Electric Car OwnersBriscoe, Neil
As of June 30, the California Air Resources Board has proposed restrictions on electric car rebates for wealthy buyers. New data indicates that 26% of electric car buyers in California have income of more than $200,00 a year but only 27% have income below $99,000. Once the changes go i...
To the editor:So, still working at the age of 76 at an hourly job, I get to help pay for folks who may be buying a $50,000 electric vehicle? (“California to offer EV rebates if Trump kills $7,500 tax credit, Newsom says,” Nov. 25) Actually,...
The order would only affect sales of new vehicles; gasoline-powered vehicles will still be allowed on the road.
Reduction Act of 2022, Chevrolet vehicles once again became eligible for the federal EV tax credit of $7,500. Thanks to the rollout of point-of-sale discounts, this can make the process even easier for buyers since they no longer wait until the next tax season to receive their rebates. ...
The state’s Clean Vehicle Rebates Project offers, for instance, $4,500 for a hydrogen fuel cell vehicle, $2,000 for a battery electric vehicle and $1,000 for a plug-in hybrid. And if you qualify as low-income, the program goes further: $3,000, $5,500 and an additional $5,500...
If you are a California resident looking toinstall solar panels,there are multiple incentives you can take advantage of to lower the cost of your system including a property tax exclusion, rebates on the purchase of solar batteries, and net metering. For even more savings, you can combine thes...
New York state finally released details of its new electric-car incentive program, and turns out thatplug-in cars over $60,000 get lower cash rebatesthan the rest. Remember all the howling and moaning about how expensive it would be to meet CAFE standards? Turns out it'...
Despite the state budget crunch, he announced Monday that California willoffer rebates for those who purchase zero-emission vehiclesif Trump follows through with a threat to end federal subsidies for clean cars. Tesla could be excluded from the state rebates under a plan to restrict the credit...
Local rebates Two local electric companies offer rebates for some homeowners installing solar panels: Rancho Mirage Energy Authority has a Residential Solar Rebate Program, which provides a one-time $500 rebate to any homeowner who installs a new solar panel system or expands an existing system. ...