State Tax Credits: Good News!
This month has brought renewals for many states’ EV tax credits:
Department of Environment and Conservation has jump-started a electric vehicle rebate program. There was still $682,000 earmarked for EV rebates when the program was discontinued two and a half years ago, Nashville Public Radio reports
. The money remained unspent, and the state decided to reinstate the program until it is gone. The rebate program offers $2,500 to those who purchase all-electric vehicles and $1,500 to those who purchase plug-in hybrids.
Gov. Dannel P. Malloy announced the state will give rebates of up to $3,000 for the purchase of electric cars.
Department of Environmental Protection (DEP) has announced the continuation of the Alternative Fuel Vehicle Rebate Program, which provides rebates of up to $2,000 to buyers of plug-in vehicles.
According to an article in Green Car Reports, Colorado’s
rebate program may also apply to used EV’s.
Innovative New Programs to Encourage EV Purchases
In addition to State Tax rebates, several new programs are boosting EV sales:
A huge plan is in the works to juice electric vehicle adoption in greater Kansas City (both MO and KS). At the start of 2015, there were a little over 1,000 plug-in electric cars in the greater Kansas City area. By the end of 2015, there will roughly be one public electric vehicle charging station for each of those cars. In January, the local power and electric company KCP&L announced an ambitious plan dubbed the
Clean Charge Network, which calls for 1,001 new electric charging stations to be installed in its region, which is eastern Kansas and western Missouri. Only 40 EV charging stations were operational at the time. By the spring, 150 more had been installed, and the rest are expected to open by year’s end.
A new Bill in California is aimed at helping drivers buy electric cars
. It’s all part of a new statewide program called Enhanced Fleet Modernization Program Plus Up that encourages Californians to ditch their older smog-producing vehicles. “Tackling climate change and dirty air requires that policies reach all of California’s communities,” said the bill’s author, Senate President Pro Tem Kevin de León. Signed by the governor, the bill takes cap and trade revenues and puts them into clean-air programs for parts of the state with the poorest air quality. The program provides incentives on a sliding scale, with the lowest-income recipient who purchases the cleanest car receiving the highest incentive amounts, according to a statement on de León’s website
. Under the program, it is possible for a family that meets income guidelines to receive as much as $12,000 toward the purchase of an electric car.