B.C. ups rebate for electric vehicles to a maximum of $4,000: ministry
Posted August 3, 2022 4:36 pm.
The B.C. government says it is improving its rebate program for electric vehicles to make them more affordable and accessible.
A statement from the Ministry of Energy, Mines, and Low Carbon Innovation says the maximum provincial rebate for battery-electric, fuel-cell electric and long-range plug-in hybrid electric vehicles will climb from $3,000 to $4,000.
“More and more people in British Columbia want to get an electric vehicle to save money on gas and reduce their carbon footprint,” said Minster of Energy Bruce Ralston.
“We’re improving our rebate program to make EVs more affordable and accessible for more families.”
The maximum rebate for lower-range plug-in hybrid electric vehicles increases to $2,000 from the previous high of $1,500.
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The ministry says eligibility for a rebate will be based on income levels, with an individual making up to $80,000, or a household with an income up to $125,000, eligible for the maximum rebate.
Environment Minister George Heyman says expanding access to clean technology can help cut down on costs for the consumers.
“[It will help] more people … choose clean technologies that help avoid high gas prices, reduce maintenance costs, and cut climate pollution.”
As personal or household income climbs, rebate eligibility decreases on a sliding scale until those with a personal income above $100,000 or households with incomes above $165,000 are no longer entitled to the discount.
The statement says 2020 income tax returns show more than 90 per cent of B.C. residents are eligible for an EV rebate and can save as much as $9,000 on the purchase or lease of a new electric vehicle when combined with federal incentives.
