Mark Glover, SACRAMENTO BEE
A state program that aims to make clean vehicles more accessible to California drivers will soon implement increased incentives for low- and moderate-income consumers.
At the same time, the program will institute an income cap restricting the eligibility of relatively high-income green car buyers.
The Clean Vehicle Rebate Project, administered by the San Diego-based Center for Sustainable Energy for the California Air Resources Board, said rebates for all types of eligible light-duty passenger vehicles will increase by $1,500 across the board, effective March 29.
Current rebates cover a wide range of plug-in hybrid electric vehicles ($1,500), battery electric vehicles ($2,500) and fuel cell electric vehicles ($5,000).
The increased rebates will apply statewide to vehicle purchases or leases.The list of eligible vehicles includes the Hyundai Tucson Fuel Cell, Toyota Mirai, BMW i3, Chevrolet Spark EV, Ford Focus Electric, Tesla Model S, Nissan Leaf, Toyota RAV4 EV, Chevrolet Volt and the Honda Fit EV.
To qualify for the increased rebates, applicants must have household incomes less than or equal to 300 percent of the federal poverty level. For an individual, ARB said the gross annual income limit is $35,640, and for a household of four, it’s $72,900.
ARB noted that, when combined with the $7,500 federal tax credit for plug-in hybrid electric vehicles and battery electric vehicles, individual car savings for low- and moderate-income buyers under the new eligibility requirements will range from $10,500 up to $11,500.
Read more at: State’s rebate program for green car buyers shifts gears March 29 | The Sacramento Bee