Top 5 Reasons to Drive Electric
#1 – Get Money for a Purchase/Lease
That’s right. Buy or lease the car you love and get money back. There are federal, state and local incentives to bring down the cost of buying or leasing an electric car. Here are a few highlights–find them all in the incentives search.
Federal Tax Credit
A substantial tax credit for battery-electric, hydrogen fuel cell and plug-in hybrid electric vehicles, ranging from $2,500-$7,500, may be available depending on the battery capacity. If you lease, the credit goes to the manufacturer. However, dealerships often factor it into the lease, lowering the down payment or monthly payments.
Clean Vehicle Rebate Project (CVRP)
Provides rebate savings directly to purchasers and lessees of eligible electric vehicles. Applicants with low-to-moderate household incomes are eligible for increased rebate amounts.
Local Rebates and Incentives
Local air districts and electric utilities often provide rebates for purchase/ lease of electric cars, and incentives for installing home charging stations. Search by zip code in the incentives search.
#3 – Drive Solo in the Carpool Lane
A coveted benefit of electric car driving is single-driver access to most carpool (or HOV) lanes throughout California, thanks to the Clean Air Vehicle (CAV) program.
#5 – Clean Up Planet Earth
With electric cars, you’ll reduce smog pollution around you right now and cut greenhouse gases to protect people and the planet for years to come. Future generations will thank you.
Environmental and Health Benefits
In full electric mode, an electric car produces zero tailpipe emissions, dramatically lowering smog and greenhouse gas emissions even when considering electricity generation.
Cleaner cars mean cleaner air and better health. Some 93% of Californians live in areas that fail to meet federal or state air health-based quality standards, resulting in variety of harmful effects, especially for children and seniors. Further, California and the world are already seeing the impacts of greenhouse gases and climate change.