California’s investor-owned utilities are offering rebates to customers who buy or lease a pre-owned EV.
Why pre-owned?
- With over 1.5 million new EVs sold in California, and average new car leases running three years, a used EV market is developing.
- Used light-duty vehicles are bought by over half of Americans, especially lower-income households. Offering a used EV rebate is one way to expand EV ownership, with all its benefits, to these households.
When buying or leasing a pre-owned EV, Pacific Gas and Electric Company (PG&E) customers may be eligible for up to $4,000 in rebates.
Center for Sustainable Energy, which administers EV rebate programs across the U.S., designed and administers the PG&E Pre-Owned EV rebate program.
The program is funded by the State of California’s Low Carbon Fuel Standard (LCFS) program, which encourages utility customers to reduce transportation-related greenhouse gas emissions.
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