The California electric car rebates are part of a program to help the environment while also putting money back into your pocket. By purchasing an electric vehicle in California, you can save thousands of dollars by accessing discounts when riding on specific roadways in California and gaining tax credits.
Clean Vehicle Rebate Program (CVRP)
By lowering the initial cost of energy-efficient cars, CVRP aims to reduce emissions. The rebates are only available for California residents who purchase or lease an eligible vehicle and meet specific income requirements.
Please note that higher-income consumers with income above the income cap are not eligible for the rebates. The income gap applies to all vehicle types that are eligible except fuel-cell electric vehicles.
On the other hand, consumers with household incomes below or equal to 300% of the federal poverty level can receive an increased rebate amount. The rebates apply to battery electric vehicles, fuel cell electric vehicles, and plug-in hybrid vehicles.
Other requirements include:
- A signed Terms and Conditions
- The most recent CVRP Implementation Manual available
- A signed application for rebate
The implementation manual and the terms and conditions will determine eligibility for the program. These documents are updated often every year, and the changes can impact your eligibility for the program. You can learn about the next anticipated date for the changes at CVRP FAQs.
Applying for Electric Car Rebates
No doubt, electric cars’ cost is high, but the CVRP program reduces the cost to a certain level. Through the electric car rebates, you can obtain credit on federal taxes, carpool benefits, state rebates, and toll roads discounts.
You are eligible for CVRP within 18 months of acquiring an eligible vehicle.
You will need the following when applying for the electric car rebates:
- Purchase agreement or vehicle lease
- SEC Service Account Number
- Vehicle registration card
Get more details in the CVRP Implementation Manual for program implementation and eligibility information.