British Columbia $5,000 Electric Vehicles Rebate Takes Effect
After years of planning and preparation, incentives for the purchase of plug-in electric cars will go into effect on December 1, 2011. Residents of British Columbia, Canada will receive point of sale incentives of up to $5,000 per eligible "clean energy vehicle." Unlike electric car buyers in the United States, who receive the federal $7,500 incentive in the form of a tax credit, British Columbia residents will immediately receive a discount on the purchase of electrified vehicles.
The list of eligible vehicles approved by BC's Ministry of Environment includes:
Battery Electric Vehicles: $5,000
Plug-In Hybrid Electric Vehicles:
- Battery capacity of 4.0 - 9.9 kWh: $2,500
- Battery capacity of 10.0 - 14.9 kWh: $3,500
- Battery capacity of 15.0 kWh and greater: $5,000
The final price (including all available incentives) will be indicated on the sticker of eligible vehicles on dealer lots, making it easier for consumers to understand the transaction.
Rebates of up to $500 for qualifying electric vehicle charging equipment will also be available on Dec. 1—to BC residents who have purchased a "clean energy vehicle." This will be a mail in rebate and will expire in March 2013 or when funding is depleted.
British Columbia officials and others throughout Canada have for years been working to develop the most effective EV incentive policy. The province of Ontario offers rebates ranging from $5,000 to $8,500 to individuals, businesses and organizations that purchase or lease a new plug-in vehicle. The rebates are available to the first 10,000 qualified applicants. Ontario officials hope to see five percent of the vehicles on its roads electric by 2020.
Officials in BC are apparently more modest in their expectations. As stated on the Live Smart BC website, the incentives through March 31, 2013 "should be available to meet the expected demand, approximately 1,370 vehicle incentives." With incentives in effect, and electric cars hitting the market, the demand will now be tested.
New to EVs? Start here
Electric Cars Pros and Cons
EVs are a great solution for most people. But not everybody.
Seven Things To Know About Buying a Plug-In Car
A few simple tips before you visit the dealership.
Incentives for Plug-in Hybrids and Electric Cars
Take advantage of credits and rebates to reduce EV costs.
Buying Your First Home EV Charger
You'll want a home charger. Here's how to buy the right one.
The Ultimate Guide to Electric Car Charging Networks
If you plan to charge in public, you'll want to sign up for charging network membership (or two).
Electric Vehicle Charging for Businesses
How do you ensure that electric car owners will be happy with every visit to your charging spot?
How to Use the PlugShare EV Charging Station Tool
Locate EV charging stations and optimize their use with a powerful mobile app.
Quick Charging of Electric Cars
Add 50 to 60 miles of range in about 20 minutes. Here's how.
The Real Price of EV Public Charging
Compare the cost of charging on the road to what you pay at home.
Electric Vehicle Charging Etiquette
Thou shalt charge only when necessary. And other rules to live by.