More than half of Washington's electric vehicle rebate funding is used up
Around 3,300 Washington residents have snapped up state-funded rebates to lease or purchase electric vehicles since the subsidies became available about two months ago.
Funding for the program, which launched on Aug. 1, is expected to run out in October if people continue tapping the rebates at the current pace, according to Steven Hershkowitz, the state Department of Commerces clean transportation program managing director.
Commerce said that, as of Sept. 24, the program had doled out 3,351 rebates, with about two-thirds or 2,145 going to defray the cost of auto leases. The average rebate amount was $7,292. The department expects to issue about 6,000 rebates in total.
Those eligible can get up to a $9,000 rebate on an electric vehicle lease or $5,000 on a new, qualifying electric vehicle purchase. The rebates are applied as a discount by 308 participating auto dealers when a person buys or leases a vehicle.
https://washingtonstatestandard.com/briefs/more-than-half-of-washingtons-electric-vehicle-rebate-funding-is-used-up/