Remove Battery Remove District of Columbia Remove Installation Remove Tax Credit
article thumbnail

EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. The ratepayer must also install a separate meter dedicated to the PEV.

Plug-in 381
article thumbnail

Here’s how much money you’ll get with the Inflation Reduction Act

Baua Electric

Credit: Tesla The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to solar and electrical appliances to heat pumps. We’re saving up for a heat pump.) We bought a US-made 2023 Volkswagen ID.4

article thumbnail

ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A statistical regression revealed that the total monetary benefit to consumers from state incentives significantly positively correlates with BEV sales when all 50 states and the District of Columbia are included. Electric (Battery) Hybrids Plug-ins Policy Sales' Source: ICCT. Click to enlarge. —Jin et al.

Sale 374