California eyes bigger rebates for electric cars

David R. Baker, SAN FRANCISCO CHRONICLE

California has far more electric cars and plug-in hybrids plying its roads than any other state — about 300,000 so far. But they’re still just a tiny fraction of auto sales.

Now, legislation in Sacramento is designed to juice the market, just as a new generation of long-range electric cars hits showroom floors.

A bill from Assemblyman Phil Ting, D-San Francisco, would revamp and expand California’s existing rebate program for people who buy electrics or plug-in hybrids. The bill, a version of which has already passed the Assembly, would devote $3 billion to clean car incentives. The money would come from the state’s cap-and-trade system for controlling greenhouse gas emissions.

The new rebates would start big — how big has yet to be determined — and then shrink over time, as plug-in cars become more common and affordable. Eventually, the rebates would disappear altogether.

It’s the same approach California used 10 years ago to kick-start sales of rooftop solar arrays. That rebate program helped create the state’s solar industry.

Even in eco-conscious California, sales of battery-powered cars have not accelerated as quickly as state officials wanted, due to relatively low gasoline prices and the limited range of most electric vehicles.

Read more at: California eyes bigger rebates for electric cars – San Francisco Chronicle

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