Local Central California Government Offers $3,000 EV Rebate (VIDEO)
Central California based San Joaquin Valley Air Pollution Control District is encouraging the use of electric cars by offering Valley residents a $3,000 rebate, according to CBS 47. With combined rebates currently offered from the Federal Government and fuel savings over time, this added value will lower the initial price difference between a gas powered or EV car.
The piece from local CBS channel 47, interviewed Bill Roven, an owner of an all-electric Tesla Roadster. According to Roven, he claims his EV has a 200 mile change that completely charges in 3 to 4 hours and currently spends $20 a month to charge it. Although Roven purchased this vehicle before San Joaquin Valley Air Pollution Control District’s $3,000 rebate, he loves this program and thinks purchasing an EV is well worth it: “It’s one of those things where you starting thinking about the world and what we’re doing it – how could you not? And even if you don’t care about the environment you have to realize that the oil is going to run out and that’s going to be a major problem so why not do it now?”
Currently, local, state and federal rebates if you live and purchase an EV within San Joaquin Valley will total up to a nice $13,000: up to $3,000 from the county, $2,500 from California, and a $7,500 federal tax credit. With the maximum discount used, CBS gave an example of purchasing two vehicles, a gas powered Toyota Corolla at MSRP $17,720 and an electric powered Mitsubishi i-MiEV. After the $13,000 rebate, based on the current MSRP of $29,975 of the Mitsubishi, the cost would come in less than the Corolla at $16,975.
CBS 47 even gave an example of comparing gas powered to electric powered vehicles. Based on driving 40 miles per day at gas prices set at $3.95/gal which would cost around $150 a month in the Toyota, driving the same distance using current electric rates would cost the owner a maximum of $50 per month. The charge rate might even be less since local power company, PG&E, offers discounted rates if a homeowner installs a separate meter specifically for your EV charger.