In the market for an electric vehicle? Check out this NPR article for the new list of all the electric vehicle models that qualify for a full ($7,500) or partial ($3,750) federal tax credit. This U.S. Department of Energy search engine allows you to search for specific models.
There’s also a new clean vehicle tax credit for EV leases. EV buyers may receive some or all of the new federal tax credit when leasing an EV if the manufacturer’s financing arm agrees to pass it through as a lease incentive. This May 2023 article by Leasehckr lists all manufacturers that are offering incentives which change each month.
Peninsula Clean Energy has modified its used EV rebates to complement the rebates offered by PG&E. Their Used EV website shows that income-qualifying customers will receive a rebate of $3,700 for a plug-in hybrid or $4000 for a battery EV. Additionally, all customers will receive $700 for a plug-in hybrid or $1,000 for a battery EV.
Customers who fill out the used EV rebate form will also receive support with accessing the PG&E rebate. PG&E offers a base rebate of $1,000 to all residents and a higher rebate to income-qualifying residents (up to $4,000) that can be stacked with other rebates. Customers can qualify for the higher rebate based on their income or enrollment in assistance programs.
Key Differences: PG&E rebate applicants can only apply after they purchase an EV. PG&E allows private sales and there is no maximum purchase price for the vehicle, and participants can lease their vehicle. PG&E rebate is the same for a plug-In hybrid or battery electric vehicle. In addition, PG&E income limits are different; for example, they do not allow CARE/FERA as a qualification.
Live in an apartment or condo? Send your landlord or HOA this link about Peninsula Clean Energy’s free EV charging technical assistance to help them figure out how to add plugs by your parking spot. There are also generous rebates to help pay for the installation costs.