apply for edison rebate for a plug in hybrid vehicle

What sort of equipment and power is required to charge an EV at home?

Starting in 2024, there will be a way for car buyers to transfer the federal rebate to dealers at the point of sale, so it can directly reduce the purchase price. Once available rebates are included, that new LEAF would actually wind up costing a couple thousand dollars less than the Sentra - so long as the buyer can pay full price up front and wait for tax credits to kick in. 1, though it’s expected to come back by early next year as new funding becomes available.Īnd for Southern Californians buying or leasing used EVs, Southern California Edison also offers rebates of $1,000 to everyone and $4,000 for low-income residents. Most EVs purchased in California can also get $750 knocked off the purchase price through the California Clean Fuel Reward program. Of note: Teslas also aren’t eligible for those incentives due to recent price increases, per the state. An online calculator can help Californians estimate what their rebate might look like, with rebates for many middle-income households falling closer to $2,000. That likely will cause a lot of EV price shifting in coming months as new vehicles get on or drop off the rebate list, noted Marty Bradley, an engineer who lectures at USC.Ĭalifornia, through a state program called the Clean Vehicle Rebate Project, also offers its own rebates of up to $7,000 for a longer list of new and used EVs and hybrids. 1, 2023, the Inflation Reduction Act lifts those caps. Tesla, Chevrolet, GMC and Cadillac have already reached those caps, so federal rebates on their vehicles aren’t available right now. There’s also still a cap - 200,000 units - on the number of EVs any manufacturer can sell that qualify for those tax rebates through the end of 2022. Most are American brands, such as Ford, General Motors, Jeep and Lincoln, but some international brands with North American manufacturing plants also qualify, including models from BMW, Volvo and Nissan’s LEAF. The Department of Energy this week put out a list of 31 models that so far qualify.

Under a last-minute deal hammered out in the Senate to boost domestic manufacturing, the only EVs that qualify for a rebate are those with “final assembly” done in North America. There are some at least temporary catches.

Apply for edison rebate for a plug in hybrid vehicle