The State rebate paired with federal tax credit would knock nearly $10,000 off cost of a new electric vehicle. | stock photo
The State rebate paired with federal tax credit would knock nearly $10,000 off cost of a new electric vehicle. | stock photo
Gov. Gretchen Whitmer recently pitched an electric vehicle rebate in her State of the State address.
The proposal would give a $2,000 rebate for a new electric vehicle, along with a $500 rebate for at-home charging infrastructure, which can be combined with the $7,500 federal tax credit, that would deduct roughly $10,000 off the price of a new electric car, including those being built in Michigan, according to a news release.
Lauren Youngdahl Snyder, vice president of customer experience at Consumers Energy, said that consumers in the state are extremely interested in electric vehicles.
"Consumers Energy and the State of Michigan are powering up a major EV transformation, and we applaud Gov. Whitmer's interest in accelerating that growth," Snyder said. "We're building the charging network that will help EVs travel conveniently and affordably, and we're doing that with clean energy as we close our coal-fired power plants by 2025."
According to a news release, drivers can save $6,000 to $10,000 over the life of an electric vehicle as opposed to a gas-powered vehicle with electric vehicles usually needing half as many repairs, cost half as much to sustain, and need half as much to charge as gas-powered cars need to fill up.
Drivers transitioning to electric vehicles will help families in Michigan save thousands of dollars, facilitate thousands of well-paying car manufacturing jobs, and protect clean air and water, according to a news release.
"Michigan put the world on wheels, and we will electrify it too. This new rebate will put Michiganders first and help families purchase an electric vehicle by lowering costs," Whitmer said. "With this rebate and federal, Michiganders can knock off nearly $10,000 off the purchase price of an electric or plug-in hybrid car.”
"Michigan is the birthplace of the American automobile, and it is crucial that we continue to lead the country in the development and deployment of the next generation of clean, electric vehicles," said Lisa Wozniak, executive director of the Michigan League of Conservation Voters.
Wozniak added that promoting clean air and water and boosting the economy were tied together and the state should tap its manufacturing knowledge to help accelerate the transition to electric vehicles.
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