Washington State announces new EV rebate programme
Under the new programme, Washington residents who earn less than $45,180 per year for a single person, or $93,600 for a family of four, are eligible to receive up to $9,000 for a new EV lease of three years or more. Alternatively, the purchase of a new EV or a two-year lease will be discounted by up to $5,000. Used EVs are also eligible for a $2,500 rebate on both purchases and leases.
The initiators claim that with the move, Washington is “the first state to prioritize low-cost leases as part of an EV incentive program.” Using advertised lease deals, and combining federal and state subsidies, the new ‘Instant Rebate’ program could make lease payments on at least four EV models less than $100 a month.
“Transportation is the biggest contributor to greenhouse gas emissions and harmful air pollution,” said Washington State Department of Commerce Director Mike Fong. “It is important that people who live in our most-impacted communities, which tend to be urban and lower income, have access to cleaner transportation options, including the choice of EV ownership. These rebates can help many more people all across the state buy or lease an EV.”
Update 2 August 2024
The Washington State Department of Commerce officially launched its EV rebate programme. As mentioned above, low-income drivers can benefit from a 9,000-dollar rebate at point-of-sale when leasing an electric car, reducing monthly payments to less than 200 dollars.
According to the state government, about 37 per cent of people living the US state of Washington “are at or below 300% of the federal poverty level.”
“For folks who want to pay zero dollars at the gas pump, electric vehicles make that possible,” said Gov. Jay Inslee at the official launch. “These rebates open up so many affordable new options to thousands of lower-income drivers. This brings down costs for consumers and reduces pollution in our communities.”
The funding available is limited to 45 million dollars, enough for 7,000 to 9,000 rebates, the Washington Department of Commerce writes. The total number of rebates depends “on how many are used for purchase versus lease, and used versus new.
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