Long overdue, but Britsh Columbians will now get a $5,000 rebate when they buy any EV. Here's the fully story.
Effective December 1st, 2011, incentives of up to $5,000 per eligible clean energy vehicle will be available to B.C. residents, businesses, non-profit organisations, and local government organisations. Incentives will be available until March 31st, 2013 or until available funding is depleted (whichever comes first). Enough funding should be available to meet the expected demand (approximately 1370 vehicle incentives).
An Eligible Vehicles List will be approved and updated by the Ministry of Environment, and will include these types of vehicles:
Battery Electric Vehicles (BEVs) – $5,000
Fuel Cell Vehicles (FCVs) – $5,000
Plug-In Hybrid Electric Vehicles / Extended Range Electric Vehicles:
Battery capacity of 4.0 - 9.9 kWh – $2,500
Battery capacity of 10.0 - 14.9 kWh – $3,500
Battery capacity of 15.0 kWh and greater – $5,000
Compressed Natural Gas (CNG) vehicles (not heavy duty) – $2,500
The final price (including incentive) will be indicated on the sticker of the car on the dealer lot. In other words, the cost of the vehicle less the incentive amounts are all processed upon sale by the dealership. The New Car Dealers Association of BC is working with their partners to coordinate the ‘back-end’ process which means a no-hassle experience for the consumer.
Overall program management and administration for this LiveSmart Program will be through the New Car Dealers Association of BC, who will be launching a dedicated Clean Energy Vehicle Program website on December 1st, 2011 at www.cevforbc.ca.
For more information, please email [email protected]