California Utility Offers $1,000 Rebate To EV Buyers

JAN 6 2019 BY MARK KANE

SCE appreciate its customers who buy plug-in vehicles

Southern California Edison (SCE) raises the rebate to customers who purchase or lease a new or used all-electric or plug-in hybrid vehicle. The amount increased from $450 for those who bought a plug-in before Jan. 1, 2019 to $1,000 for those who went electric on or after Jan. 1, 2019.

The rebate is offered through SCE’s Clean Fuel Reward program and unlike most rebate programs, includes used vehicles (second and third EV owners).

Being an SCE customer and getting $1,000 should lighten the expense, especially for those who must deal wita h lowered federal tax credit (Tesla from January 1, and GM from April 1).

“The Clean Fuel Reward program is made available through the state of California’s Low Carbon Fuel Standard Program. It helps combat climate change by encouraging the use of clean vehicle fuels, like electricity. SCE earns credits in the program when customers use electricity at home to charge their EVs. SCE then returns the value of these credits to EV customers through the Clean Fuel Reward program.Programs like Clean Fuel Reward help California continue to be a leader in combating climate change and air pollution. Today, there are more than half-a-million EVs on California’s roads. That’s half of all the EVs in the U.S. And, while that’s a good start, 7 million EVs will be required for California to achieve its air pollution and greenhouse gas reduction goals.

To encourage SCE customers to take advantage of EVs, the company has also launched the Charge Ready Home Installation Rebate Program. The program helps residential customers offset the cost of installing infrastructure that can lower average charging times to 5 1/2 hours or less depending on the car make and model. The faster charging, or Level 2 charging, consists of a professionally installed charger connected to a 240-volt AC outlet, the kind commonly used by washers and dryers.”

Katie Sloan, SCE’s director of eMobility said:

“When drivers make the switch to an EV, not only do they contribute to cleaning the air we breathe, they also help us affect climate change by reducing greenhouse gas emissions. Transportation accounts for nearly half of California’s GHG emissions and more than 80 percent of its air pollution.

“Each mile driven using electricity from the grid helps reduce tailpipe emissions. Plus, EV owners also save money on maintenance and lower fuel costs. Fueling an EV is equivalent to paying less than $2 per gallon of gasoline.”

Source: Southern California Edison

Categories: Deals

Tags: , ,

Go to Source