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How to Find EV Incentives in Portland, Oregon EV Incentives: Make Your Investment Even Smarter

EV Connect

As our country drives toward an all-electric future, businesses everywhere have taken advantage of federal tax credits that can help offset the costs of installing electric vehicle infrastructure and equipment. For Portland-based businesses, however, the next step is to take advantage of the Oregon EV incentives at the state and local level.

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How to Take Advantage of EV Charging Infrastructure Tax Credits

EV Connect

Both state and federal governments are encouraging businesses and individuals to start making the switch to EVs, and they are putting up the funds to make it happen — in the form of generous, aggressive EV charging infrastructure tax credits. And good news — this tax credit has been extended through 2021.

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Top 15 Nissan LEAF markets in US in 2013

Green Car Congress

Another three are on the West Coast and in Hawaii: Seattle (4), Portland (5), and Honolulu (6). Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. Illinois provides a $4,000 state tax incentive for purchases and reduced registration fees. Oregon has a Chief EV Officer to promote EV use.

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An Overview of Charging Incentives in Oregon

EV Connect

However, the upfront costs associated with purchasing an EV and installing charging infrastructure can be a barrier for many individuals and businesses. According to statistics from Portland General Electric, the average annual fuel cost for an electric vehicle is approximately $500, compared to around $1,500 for a gasoline-powered vehicle.

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Five EVs that lease for under $300/month

Baua Electric

The Hyundai IONIQ 6 / Credit: Hyundai North America Last February there were nine EVs that leased for an average monthly cost of under $400 before tax and license. Nissan of Portland in Oregon and Concord Nissan in the San Francisco area are advertising 36-month leases with effective monthly costs of $193 and $228, respectively for a LEAF S.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Portland General Electric. It will also list current tax credits and incentives applicable to EV charging. The Office of Federal Sustainability will partner with government and agency fleet purchasers to coordinate and aggregate the purchasing of EV fleets, with distinct acquisition procurement strategies to be determined.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

On 18 March, Marketwatch reported that Valero purchased selected assets of corn ethanol suppliers for $477 million. It is believed Valero purchased the plants at 30% of their original construction cost. (In The beef cattle will be purchased from local suppliers and arrive at 600 lbs.—they’ll Earlier post.). Financing challenges.