Incentives for electric vehicles
Up to $5,000 rebate for electrics, hybrid plug-ins
B.C. residents, businesses, non-profit organizations and local government organizations who purchase or lease qualifying new vehicles, are eligible for up to $5,000 off the pre-tax sticker price for qualifying new battery electric or plug-in hybrid electric vehicle.
Here's the breakdown of the incentive amounts for different types of vehicles:
- $6,000 for purchase or lease of a hydrogen fuel-cell vehicle, via the CEVforBC™ program.
- $5,000 for purchase or lease of a new battery electric vehicle
- $2,500 –$5,000 for purchase or lease of a plug-in hybrid electric vehicle
SCRAP-IT Program fully subscribed for 2017
Each year, the SCRAP-IT program offers purchasers of new electric vehicles big rebates if they scrap their older, gas-powered vehicle. Incentives, which vary on the model and year of the scrapped car, are designed to reduce greenhouse gas emissions and improve air quality by getting older vehicles off the road.
For 2017, the SCRAP-IT maximum was increased to up to $6,000. But it was so popular that the program is now fully subscribed. Anyone interested in scrapping their old car to get a credit toward an EV will have to wait until funding returns in 2018.
Which vehicles qualify for the up-to-$5,000 rebate?
The BC Ministry of Energy and Mines has established incentive amounts based on vehicle type and battery capacity. Battery electric, fuel cell vehicle and plug in hybrids above a 15kWh capacity are eligible for the full incentive amount up to $5,000, while plug-in hybrids below 15kWh (but above 4kWh) are eligible for incentives up to $2,500.
As of March 2, 2016, vehicles with an MSRP of more than $77,000 are not eligible for the incentive.
Get details of eligibility requirements, including a list of eligible vehicles, at https://www.cevforbc.ca.