Summary
– Delaware residents eligible for rebates on used electric vehicles starting May 1
– Program aims to broaden access to electric vehicles and reduce transportation emissions
– Rebates for used electric vehicles purchased from licensed dealerships under $40,000
– Tiered rebate structure for new electric vehicles based on MSRP
– Program extension until April 30, 2025, offers potential savings of up to $10,000 for qualifying electric vehicles
Article
Delaware residents will have the opportunity to receive rebates on used electric vehicles starting May 1 as part of the state’s Clean Transportation Incentive Program. This initiative, which has been in place since 2015, is designed to increase access to electric vehicles and support the state’s Climate Action Plan goals of reducing transportation emissions and improving air quality. The program has already distributed millions of dollars in rebates to thousands of residents, and the expansion will allow for rebates on used battery electric and plug-in hybrid vehicles purchased from licensed dealerships for under $40,000. Interested parties can visit the DNREC website for more information on eligibility criteria and a list of eligible vehicles.
In addition to the rebates for used electric vehicles, a new tiered rebate structure will be implemented for new electric vehicles purchased or leased from May 1 onward. New battery electric vehicles with a base MSRP of $40,000 or less will receive a $2,500 rebate, while vehicles priced between $40,000 and $50,000 will receive a $1,500 rebate. New plug-in hybrid electric vehicles with a base MSRP of $50,000 or less will be eligible for a $1,000 rebate. Used battery electric vehicles and plug-in hybrids under $40,000 will also receive rebates of $2,500 and $1,000, respectively. These rebates, combined with potential federal tax credits, could result in up to $10,000 in savings for qualifying electric vehicles. The program has been extended until April 30, 2025.
The Clean Transportation Incentive Program is not limited to vehicle rebates – DNREC also offers rebates for electric vehicle charging stations through its Electric Vehicle Charging Equipment Rebate Program. These rebates are available for installations at multi-family dwellings, public areas, workplaces, and fleets. Funding for the program comes from Delaware’s participation in the Regional Greenhouse Gas Initiative, a collaborative effort to reduce greenhouse gas emissions across the Northeastern United States. By promoting the adoption of electric vehicles and supporting the development of charging infrastructure, DNREC aims to further reduce emissions and improve air quality in the state.
The expansion of the Clean Transportation Incentive Program represents a significant step forward in Delaware’s efforts to transition to a more sustainable transportation system. By incentivizing the purchase of electric vehicles and supporting the installation of charging stations, the state is working to reduce its reliance on fossil fuels, decrease emissions, and improve public health. The availability of rebates for used electric vehicles, in addition to those for new models, will help to make electric vehicles more accessible and affordable for a wider range of residents. Combined with the potential savings from federal tax credits, these rebates can make purchasing an electric vehicle a more attractive option for consumers.
The inclusion of used electric vehicles in the rebate program reflects a growing trend towards increased adoption of electric vehicles in the secondary market. As more consumers become interested in electric vehicles and seek out more affordable options, the availability of rebates for used models can help to further drive the transition to electric transportation. By expanding the program to include a wider range of vehicles and price points, Delaware is ensuring that more residents have the opportunity to participate in the state’s clean transportation initiatives and contribute to a more sustainable future.
Overall, the expansion of Delaware’s Clean Transportation Incentive Program demonstrates the state’s commitment to addressing climate change and promoting sustainable transportation options. By offering rebates for both new and used electric vehicles, as well as supporting the development of charging infrastructure, the program aims to accelerate the transition to a cleaner, more efficient transportation system. Through these efforts, Delaware is not only working to reduce greenhouse gas emissions and improve air quality but also to create economic opportunities and increase access to sustainable transportation options for residents across the state.
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