Tesla Model S & X Now Eligible For $14,000 Rebate In Ontario
Ontario, Canada is moving forward to up its Electric Vehicle Incentive Program (EVIP) for the new year. Ontario is home to over 9,000 EVs. As of January 1, 2017 many positive updates were implemented.
Steven Del Duca, Ontario’s Minister of transportation shared:
“Providing better incentives for electric vehicles will help consumers and businesses make the transition to more sustainable vehicles, and keep Ontario at the forefront of the clean, green economy.”
The major changes, as listed on the Ontario Newsroom, are as follows:
- Removes the cap limiting EV incentives to 30 per cent of the manufacturer’s suggested retail price (MSRP)
- Eliminates the $3,000 cap on incentives for EVs fully run on battery power and priced between $75,000 and $150,000, which enable long-range, zero-emission travel and have less environmental impact than lower priced plug-in hybrids
- Continues to exclude EVs with an MSRP of $150,000 and above from qualifying for incentives
- Offers incentives only on vehicles produced by automakers who are partners in Ontario’s new Electric and Hydrogen Vehicle Advancement Partnership (EHVAP).
EHVAP was created to push Ontario to its goal of having electric or hydrogen-powered vehicles comprise 5% of all new vehicles sold by 2020. The Newsroom bulleted the main initiatives of the special program, which is being carried out through a major partnership between government, automakers, environmental advocasy groups , and academic leaders:
- A significant expansion of publicly accessible EV charging infrastructure
- Requiring all new workplaces, homes and townhouses to be “EV ready” by 2018
- Access to High Occupancy Vehicle and High Occupancy Toll lanes for single-occupant EVs with green license plates without a fee
- Working with Plug ‘n Drive to open an electric vehicle discovery centre, which will enhance public education and dealer training on EVs.
The plan obviously has specific application to Tesla’s vehicles, which fit into the price range specified in the language. Teslas are more costly in Canada than they are in the U.S. Total incentives range from $6,000 to $14,000 per vehicle, with even the base Tesla Model S and X both receiving the full $14,000. However, the top-tier fully-loaded Tesla models will not benefit from the rebate. EV consumers also receive $1,000 toward the purchase and installation of home or business fast charging equipment.
Minister of Environment and Climate Change, Glen R. Murray, concluded:
“Transportation emissions are the single-largest source of greenhouse gas pollution in the province. That’s why we are moving forward on a commitment to make it easier for Ontarians to purchase and drive an electric vehicle. Through our Climate Change Action Plan, we’re supporting electric vehicle initiatives, incentives, research and development.”
Source: Ontario Newsroom