BC Electric Vehicle Incentives as of March 31, 2017

[splitmitten]

The two links below are really helpful in deciphering what types of incentives there are in BC in regards to electric vehicle purchases.

https://scrapit.ca/evprogram/

https://www.cevforbc.ca/clean-energy-vehicle-program

As of March 31, 2017 the BC government announced programs which will allow you to reduce the price of your qualifying electric vehicle up to $12,000.00. Follow the link to a good article put out by Global.

http://globalnews.ca/news/3227200/b-c-d ... c-vehicle/

B.C. drivers can now cash in on a pair of hefty incentives that make owning an electric or fuel-cell vehicle a lot more affordable.

The B.C. government announced a $40-million boost to the Clean Energy Vehicle Program on Friday that will provide an incentive up to $6,000 for someone purchasing a zero-emission vehicle.

The incentives vary depending on vehicle type:

$6,000 for the purchase or lease of a hydrogen fuel-cell vehicle
$5,000 for the purchase or lease of a new battery electric vehicle
$2,500 – $5,000 for the purchase or lease of a plug-in hybrid electric vehicle
But any vehicle with a suggested retail price over $77,000 is not eligible for the program.

Those savings, combined with further incentives from the B.C. SCRAP-IT Program, can bring prices down by up to $12,000.

Many electric vehicles range in price from around $30,000 to almost $100,000 for a car like the Tesla Model S.

The SCRAP-IT Program gives $6,000 toward the purchase or lease of a new electric vehicle or $3,000 for the purchase or lease of a used electric vehicle, but only if you scrap your old car.

“Transportation accounts for nearly half of the emissions by the average B.C. family, and light-duty vehicles account for 14 per cent of B.C.’s overall emissions,” Minister of Environment Mary Polak said in a release. “With 98 per cent of our electricity in B.C coming from clean or renewable sources, encouraging people to buy or lease a zero-emission vehicle is one of the best ways we can reduce greenhouse gas emissions and ensure British Columbia remains a climate action leader.”

The incentives will only be available until March 2018 or as long as the funds last.

The province has committed over $70 million in vehicle incentives through the Clean Energy program since 2011.

 

[ChrysPac05]

Local news station 1130 reported on Feb 02, 2017 a new incentive to hand in your old car for a brand new electric vehicle is $6,000 and electric car buyers can now get up to $15,000 in cash incentives for buying a new electric vehicle