Delaware is making a big push to encourage residents to drive electric vehicles (EVs) by extending its Clean Transportation Incentive Program. This program offers cash rebates to anyone who buys or leases an eligible electric or plug-in hybrid vehicle.
You can get up to $2,500 back, depending on the type of vehicle you choose. Let’s explore the details of this program and see how you can take advantage of it.
What Is the Clean Transportation Incentive Program?
Program Overview
The Clean Transportation Incentive Program is part of Delaware’s effort to reduce carbon emissions and promote environmentally friendly transportation. Originally, this program was supposed to end on April 30, 2024, but it has been extended to give more people the chance to participate. The goal is to increase the number of green vehicles on the road, which will help lower pollution and boost the state’s green economy.
Who Can Get the Rebate?
Eligible Vehicles
There are specific types of vehicles that qualify for the rebate under this program:
- Battery Electric Vehicles (BEVs):
- If the Manufacturer’s Suggested Retail Price (MSRP) is up to $40,000, you can get a $2,500 rebate.
- If the MSRP is between $40,000 and $50,000, the rebate is $1,500.
- Plug-in Hybrid Electric Vehicles (PHEVs):
- For new PHEVs with a retail price up to $50,000, the rebate is $1,000.
- For used PHEVs with a fair market price up to $40,000, the rebate is also $1,000.
Ineligible Vehicles
It’s important to note that vehicles running on bi-fuel propane, dedicated propane, or compressed natural gas (CNG) do not qualify for the rebate under this program.
How Do You Apply for the Rebate?
Applying Through a Dealership
Most car dealerships in Delaware will help you with the rebate paperwork. This makes it easier for you to get your rebate without any extra hassle. The dealership will handle everything, ensuring you receive your rebate quickly.
Applying on Your Own
If you prefer to apply for the rebate yourself, here’s what you need to do:
- Purchase or Lease Agreement: Provide a photocopy of the purchase or lease agreement.
- Proof of Residency: Show proof that you are a non-commercial resident of Delaware.
- Vehicle Registration: Include a copy of the vehicle’s state registration document.
Remember, you must apply within 90 days of buying or leasing your vehicle to be eligible for the rebate.
Environmental and Economic Benefits
The Clean Transportation Incentive Program has an $8 million budget, reflecting Delaware’s strong commitment to green energy and sustainable transportation. By encouraging the use of electric and plug-in hybrid vehicles, the state aims to cut down on greenhouse gas emissions and improve air quality.
Additionally, this program helps stimulate economic growth in the automotive and related sectors, creating jobs and promoting innovation in green technology.
Delaware’s extension of the Clean Transportation Incentive Program is a major step toward a more sustainable future. By offering financial rebates on electric and plug-in hybrid vehicles, the state is making it easier and more affordable for residents to choose environmentally friendly transportation options.
This initiative not only benefits the environment by reducing emissions but also offers significant financial savings for consumers. If you’re considering buying or leasing an electric or plug-in hybrid vehicle, now is a great time to take advantage of this program and contribute to a greener Delaware.
What is the maximum rebate available under Delaware’s Clean Transportation Incentive Program?
You can get up to $2,500 for eligible electric vehicles (EVs) or plug-in hybrid vehicles (PHEVs).
Which vehicles are eligible for the rebate?
Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) within certain price ranges are eligible.
How do I apply for the rebate?
You can apply through your dealership or submit the required documents yourself, including a purchase agreement, proof of residency, and vehicle registration.
Are all vehicles eligible for the rebate?
No, vehicles running on bi-fuel propane, dedicated propane, or CNG do not qualify for the rebate.
What is the deadline to apply for the rebate after purchasing a vehicle?
You must apply within 90 days of purchasing or leasing your vehicle.