For those of you who are in CA, wondering if you can share your experiences with Tax Credits / Rebates.
I know there is a $7500 Federal Tax Credit and I believe in CA there is a $2000 rebate. Are there any others? I am planning to buy.
The governor’s May budget revise, released this past Friday, May 13th, includes $400M replenishment of the CVRP rebate program. Negotiations with the legislature take place over the next month so we have to wait until June 14th for the final budget, but this item is expected to survive negotiations.
I would not expect the qualifying income levels to change for the $2K rebate, although they make it clear in the website FAQ that’s possible. In any event, those income limits are pretty high for the $2K rebate so even a substantial change isn’t likely to DQ the majority of us. Get your applications in now to be placed on the waitlist; as it is, applications submitted in May won’t be reviewed until October per the website.
And if you’re applying for the higher Rebate Now $5K rebate under this program, which has much stricter qualifying income limits, you have until the end of tax day (Monday, May 17th) to submit and still use 2019 income. Starting May 18th, they will verify 2020 income as part of application review.
Are those of us living in Pasadena get a $500 rebate from the city for buying an electric car and buying from a Pasadena dealership, if we went through Pasadena VW.
Residen of the San Joaquin Valley get another $3000 rebate through the Drice Clean program, which is still currently fully funded: Drive Clean in the San Joaquin | Rebate
Also: Pasadena Water & Power offers rebates up to $600 for home chargers (you get the max amount for a smart charger). Check your own hometown utility company for similar offers.
And finally, the feds offer a rebate of 30% of a home charger cost as well as 30% of the cost of installation.