California's electric car rebate program is designed to steer consumers toward clean, environmentally friendly vehicles. Unfortunately for buyers, it's confusing, unpredictable and underfunded, reports russ1mitchell.
Several air quality districts also offer rebates, which come with their own rules. Electric utilities provide financial assistance for home chargers.“How is the average person supposed to do all this?” Dudley said. Low-income potential buyers can’t afford to postpone rebates, he said: “Waiting four to six months after purchasing a new EV is untenable for many people.”
The key problem is unpredictable state funding. The Clean Vehicle Rebate Project ran out of money in April. The Assistance Program, intended to help low-income buyers purchase an EV, ran out of money in March. Applicants were put on a wait list, but a spokesperson for the state’s Air Resources Board said with funds exhausted and no new money on the way, the Assistance Program “might have to close the list.”The Rebate Project, though, is the big kahuna.
Wouldn’t an increased gasoline tax accomplish the same goal — making it more economical to buy a zero-emissions car — without all the complexity? Yes, said Denny Cullenward, an energy economist and coauthor of the book “Making Climate Policy Work.” But it’s a political nonstarter: “The last thing anyone wants to do is be the politician that sets the price of gasoline.”
A Newsom plan to issue $1 billion in government bonds would provide incentives for sales, purchase and deployment of electric vehicle charging stations. The $66 million in annual interest payments would be financed in part by extending motor vehicle fees now due to expire in 2024.
The increasing popularity of electric cars — there are now about 800,000 on California roads now, and electric passenger vehicles total
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