Massachusetts Adds $2 Million To State’s Rebate for Electric Vehicles Program
The Massachusetts Office of Energy and Environmental Affairs just released word that their MOR-EV program would receive another $2 million in funding:
“The MOR-EV program was initially funded with $2 million in Regional Greenhouse Gas Initiative (RGGI) auction proceeds, which also finance the new funding. This funding aims to help reduce reliance on foreign oil and meet Massachusetts’ goals under the Global Warming Solutions Act (GWSA) to reduce greenhouse gas emissions in the transportation sector 7.6 percent by 2020.”
Apparently, not a moment too soon. The MOR-EV site reports a significant allotment of funds, with only $63,000 left in FY 2014-15.
“To date, the program has provided rebates for over 700 zero and low-emission vehicles. Eligible vehicles include battery electric vehicles (BEV) plug-in hybrid electric vehicles (PHEV), fuel cell electric vehicles (FCEV), and zero-emission motorcycles (ZEM).
Zero and low-emission vehicles will save drivers money on fuel and maintenance costs, according to the DOER’s Fuel Economy side-by-side comparison. For example, a driver purchasing a compact BEV car can save $3,750 dollars on fuel over five years, compared to the same vehicle with a gasoline engine. The BEV also emits significantly less carbon dioxide.”
This continues the commitment of the Baker administration to clean and renewable transportation in the Commonwealth:
““The Baker-Polito Administration is committed to reducing greenhouse gas emissions and petroleum use by aiding the transition to cleaner, more efficient vehicles for Massachusetts residents,” said Secretary Matthew Beaton. “This program is valuable both economically and environmentally, saving drivers money and supporting the Commonwealth’s emissions reduction goals.”
Read the complete release here: Baker Administration Announces Additional Funding for Electric Vehicle Rebate Program.
Read more about the MOR-EV program on their site, mor-ev.org.