Proposed climate bill offers rebate incentivizing switch to electric cars
A climate bill being considered in Congress would offer a rebate incentivizing the purchase of electric vehicles.
Anyone who earns less than $150,000 a year or families with an income below $300,000 would be eligible for the rebate. They total $75,000 for the purchase of a new electric vehicle and $4,000 for a used one.
Joe Britton is the executive director of Zeta, a coalition of businesses promoting electric vehicles. He hopes the rebate could entice more people to purchase the environmentally friendly cars.
“In most areas of the country, especially the Northeast, it is five to six times more expensive to drive your vehicle on gasoline than it is by electricity. So, by making these vehicles more affordable on the front end, you're really driving down that total cost of ownership,” he said.
There are also $2,000 rebates on electric vehicles that New York state is offering.