Bc Electric Car Incentives 2018

The incentives will only be available until march 2018 or as long as the funds last.

Bc electric car incentives 2018.

The province has committed over 70 million in vehicle incentives through the clean energy program since 2011. The cleanbc go electric point of sale incentive program is managed by the new car dealers association of bc and offers up to 3 000 off the purchase price of a qualifying new battery electric up to 1 500 for a plug in hybrid electric vehicle and up to 3 000 for a hydrogen fuel cell vehicle. Federal tax credits for new all electric and plug in hybrid vehicles federal tax credit up to 7 500. The credit amount will vary based on the capacity of the battery used to power the vehicle.

Meant to provide point of sales incentives and adequate charging infrastructure across the province for cev owners and potential owners the government originally committed 14 3 million to develop the marketplace for cev s. Battery electric vehicles bevs or evs fuel cell electric vehicles fcevs and plug in hybrids phevs above a 15kwh capacity are eligible for the full incentive amount up to 3 000 while plug in hybrids below 15kwh but above. The bc ministry of energy and mines has established incentive amounts based on vehicle type and battery capacity. 3 000 for the purchase or lease of a new battery electric vehicle hydrogen fuel cell electric or longer range plug in hybrid electric vehicle.

All electric and plug in hybrid cars purchased new in or after 2010 may be eligible for a federal income tax credit of up to 7 500. Bc drivers can take advantage of three incentives to support the purchase of electric vehicles including plug in hybrids. Federal and provincial incentives can provide up to 8 000 off the purchase of a new electric vehicle. The go electric rebate program is intended to make zero emission vehicles zevs more affordable for british columbians.

These incentives can be combined for big savings. With more than 1000 public charging stations in b c limited time incentives and a growing number of affordable vehicle models now s the perfect time to get behind the wheel and ahead of the curve. The program provides a point of sale rebate on eligible vehicles of up to. Could add up to 16k a new 5 000 federal rebate for people buying new electric vehicles under 45k adds to provincial programs already in place in b c.

Cevforbc is administered by the new car dealers association of bc and was first announced november 5 2011. Are you ready to switch to an electric vehicle. Incentives for new electric vehicle in b c. Under this program the purchase of a new electric vehicle is eligibe for a tax credit worth 7 500 as long as it meets the following criteria.