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Washington State EV Rebate Program Expires Soon10-18-24 | News

Washington State EV Rebate Program Expires Soon

Reduces Cost to Buy or Lease for Low-Income Drivers
by Rebecca Radtke, LASN

Electric vehicle rebates are accompanying goals coming from the Biden administration.

The Washington State Department of Commerce launched a new rebate program in August of this year. It is now expected to run out of funds before the end of October.

At the time of publication, the program had only $4 million in available funding for rebates. Drivers can receive $9,000 in instant rebates on the lease or $5,000 for purchasing a new EV plus $7,500 in federal incentives.

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According to the department, households at up to 300% of the federal poverty level qualify for the rebate program which can be found at participating dealers that have eligibility forms at the dealership.

The rebate applies to electric passenger vehicles but not hybrids, plug-ins, fuel cells, or electric motorcycles sold for less than $90,000 with a weight rating under 10,000 pounds.

Electric For All by Veloz, a nonprofit, has a great resource to filter credits and rebates for your specific zip code. The program allows users to find information about assistance programs and credits for the lease or purchase of vehicles, charging station incentives, electricity discounts, and driving perks like the High Occupancy Vehicle (HOV) Lane Exemption.

Further, the U.S. Department of Energy hosts a map of all-electric vehicle laws and incentives by state as a resource to support people in issues concerning EVs like the comparison of gasoline and diesel taxes, energy use by transportation mode, average retail fuel prices, consumption rates, charging ports by states, infrastructure, and so much more.

Lastly, these resources and rebates come as the Biden administration set the target of 50% of EV sale shares in the U.S. by 2030 as the Bipartisan Infrastructure Law states and the EV Acceleration Challenge pushes. The EV Acceleration Challenge focuses on four primary categories including tools and resources, consumer education and support, EV fleet expansion, and community charging.

Keeping all of this in mind, Washington State is not and will not be the only one offering rebates and incentives towards electric vehicles.

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