Delaware has given 4,207 electric vehicle rebates for $9.7M since 2015

(The Center Square) – Delaware has given 4,207 electric vehicle rebates for $9.7 million since 2015, state data says.

The Clean Vehicle Rebate Program provides incentives for Delawareans and their businesses to buy or lease new battery electric or plug-in hybrid vehicles through the Department of Natural Resources and Environmental Control’s Clean Vehicle Rebate Program.

The program offers $2,500 for battery electric vehicles with a base manufacturer’s suggested retail price of $50,000 or less and $1,000 for plug-in hybrid electric vehicles with a base manufacturer’s suggested retail price of $50,000 or less.

“Electric vehicles continue to grow in popularity, with many manufacturers committing to transition their fleets to zero emission vehicles,” Natural Resources Secretary Shawn M. Garvin said in an April statement. “Additionally, electric vehicle adoption is a key strategy for reducing air pollution and greenhouse gas emissions in our state, our country and the world.”

The rebate program was launched in 2015 to accelerate electric vehicle adoption, improve air quality, and reduce greenhouse gas emissions. The program has provided over $9 million in rebates to more than 4,000 EV purchasers. Since January 2023, the program has issued 391 rebates for a combined $923,500.

Delaware’s climate plan set a goal to reach 17,000 electric vehicle sales per year by 2030. State data say there are the following vehicles registered:

• 814,842 gas vehicles.

• 35,367 diesel vehicles.

• 23,395 electric and gas (hybrids).

• 7,597 electric vehicles.

• 300 propane vehicles.

Rebate data say 4,052 people received the rebate and, on average, were 49 years old. The program also subsidized the purchase of one electric Harley-Davidson motorcycle and two electric utility vehicles.

The vehicles purchased using rebates include 1,971 Teslas, 698 Fords, 436 Chevrolets, 226 Toyotas, and 107 Hyundais.

The program subsidized the purchase of luxury cars, including 83 BMWs, 14 Audis, seven Jaguars I-Paces, six Mercedes-Benzes, and three Porsches.

A list provides a reference to the 30+ battery electric vehicles and plug-in hybrid electric vehicles eligible for the rebate.

A portal allows car shoppers to redeem the rebate at the dealership or up to 90 days after purchase. The rebate program is in addition to a federal tax credit of up to $7,500.

The Department of Natural Resources and Environmental Control offers rebates for Level 2 charging stations through the Electric Vehicle Charging Equipment Rebate program for public access, workplaces, and fleets. Enhanced rebate amounts are available to incentivize installing charging stations at multi-family dwellings.

The vehicle rebate program is a cash return for vehicles purchased or leased after May 1, 2023.

As of May 1, 2023, there’s a limit of two rebates per individual and six rebates for businesses, nonprofit organizations, governments, educational institutions, and other eligible entities.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Some call new commission to explore Illinois’ property tax system a waste of time

(The Center Square) – Despite being criticized for being...

Op-Ed: New banking hurdles mean most Americans finish last

In any relay race, when the first leg stumbles...

American Airlines resumes flights after ‘technical issue’ halts flights nationwide

American Airlines briefly grounded all flights across the United...

Op-Ed: Montana Supreme Court oversteps and makes a mess

Typically, courts provide clarity. They do not exist to...

VIDEO: Illinois legislators return Jan. 4 for ‘lame duck’ session

(The Center Square) – After the new year, Illinois...

Which state is the most taxpayer-friendly?

The Cowboy State has once again won the tax...

Georgia adds more than 116,000 residents

(The Center Square) – Georgia added 116,646 residents from...

More like this
Related

Some call new commission to explore Illinois’ property tax system a waste of time

(The Center Square) – Despite being criticized for being...

Op-Ed: New banking hurdles mean most Americans finish last

In any relay race, when the first leg stumbles...

American Airlines resumes flights after ‘technical issue’ halts flights nationwide

American Airlines briefly grounded all flights across the United...

Several paycheck-impacting laws set to go into effect in Washington next year

(The Center Square) – With a new year just...