Rebates and incentives can save you thousands of dollars when you purchase an electric vehicle. In addition to standard rebates, there are also low-income rebates available which reduce the purchase price even further. Click here to see a list of rebates and incentives: Rebates Incentives Chart_11.23.20 and click here for an example of how rebates may be applied: Rebates Incentives Example Applied to Cars_11.23.20
Rebates and incentives are based on where you live, the type of vehicle purchased or leased and household income. Also, local city, county, air district, and utility company rebates vary by location and availability. The air district for the Monterey Bay Region is: Monterey Bay Air Resource District (MBARD) and the utility company is Monterey Bay Community Power/PG&E.
Rebates and Incentives
Take a look at the incentives available by entering your California ZIP code through the link below. You’ll be able to view vehicle tax credits and rebates, income-based incentives, charging station incentives, local utilities electricity discounts and special driving perks for electric vehicles: How much you can save on an EV
Check out the Clean Vehicle Rebate Program’s Savings Calculator to help you determine which incentives for the purchase or lease of an electric vehicle!
California Rebate – California’s main statewide incentive program
Those of us in the sunshine state can get up to $7,000 toward the purchase or lease of an electric vehicle. This Clean Vehicle Rebate comes in the form of a single payment rebate check mailed directly to the applicant on a first-come, first-served basis generally within 90 days of approval. Both purchased or leased electric vehicles qualify. Click here for eligible EVs and their applicable rebate levels.
Monterey Bay Clean Vehicle Rebate Program
VEHICLE MUST BE PURCHASED NO LATER THAN JUNE 30th, 2020 AND YOU MUST APPLY NO LATER THAN JULY 15th 2020!!! – 27% OF FUNDS REMAINING AS OF MAY 28, 2020!
Monterey Bay Area residents may also be able to receive a rebate of up to $1,000 for the purchase or lease of an electric vehicle through the Monterey Bay Air Resources District. Click here for information and availability.
In addition, NEW increased incentive amounts are available starting July 1, 2020. Incentive dollars have been doubled!
Federal Tax Credit
Federal tax credits of up to $7,500 are available for eligible all-electric and plug-in hybrid vehicles. The credit amount is determined by the size of the battery. Learn more here. This credit can be claimed at tax time, and car buyers are encouraged to consult with a tax professional to understand what this means to them.
Utility Incentive: PG&E/MBCP
PG&E/MBCP customers with EVs are eligible to receive a $800 Clean Fuel Rebate for their use of electricity as a clean transportation fuel. Clean Fuel Rebate comes from a State of California program called the Low Carbon Fuel Standard (LCFS). The Low Carbon Fuel Standard is fighting climate change by encouraging the adoption of clean vehicle fuels such as electricity. PG&E earns credits in the program when customers use electricity at home to charge their electric vehicles. PG&E returns the value of these credits to its electric vehicle customers through the Clean Fuel Rebate.
High Occupancy Vehicle (HOV) Lane Access
Electric vehicles qualify for a Clean Air Vehicle (CAV) decal. This decal allows access to HOV lanes even if you are the only person in the vehicle. Find out more.
Low Income Assistance Programs
Clean Vehicle Rebate Project Income-Qualified Rebate: CVRP Income-Qualified Rebate
Clean Vehicle Assistance Program: CVAP Low Income Assistance
Driving Clean Assistance Grant plus low-interest car loans: Driving Clean Assistance Grant