New Rebates on the Way for Electric Vehicles
Electric Vehicle Incentive Program
Ontario is introducing a new, modernized Electric Vehicle Incentive Program to help fight climate change by making it easier for people to switch to an electric vehicle.
The province's first Electric Vehicle Incentive Program was launched in 2010. Through this program, incentives were provided for the purchase of 4,800 electric vehicles and about 1,100 home chargers. There are about 5,800 electric vehicles in the province at this time.
The new program will:
- increase the current incentive range for electric vehicles from $5,000 - $8,500 to $6,000 - $10,000
- provide an opportunity to receive an additional $3,000 incentive for vehicles with larger battery capacities
- provide an additional $1,000 for vehicles with five or more seats
- continue to provide incentives linked to battery capacity of more than 5kilowatt-hours
- cap incentives for vehicles priced between $75,000 and $150,000 at $3,000
- continue to provide up to $1,000 for the purchase and installation of chargers for private home and business use.
Green Licence Plates
Electric vehicles with green licence plates are granted access to High Occupancy Vehicle (HOV) lanes on 400-series highways and the QEW, even if there is only one person in the car. HOV lanes are otherwise reserved for vehicles carrying two or more people.
Vehicles eligible for green licence plates includeall vehicles eligible for a rebate from the Electric Vehicle Incentive Program.
Green licence plates are available through the normal vehicle plating process at any ServiceOntario centre. Regular vehicle permit and number plate fees apply. There are no extra fees to get a green plate.
Electric Vehicle Chargers Ontario Program
The province is putting its new Climate Change Strategy into action by investing $20 million this year from the Ontario Green Investment Fund to support the build-out of a network of public, electric vehicle charging stations across Ontario. Ontario's Green Investment Fund is a $325-million down payment on the province's cap and trade program to strengthen the economy, create jobs and reduce greenhouse gas emissions.
Through the $20-million Electric Vehicle Chargers Ontario grant program, the province is seeking public and private sector partners to create a network of fast-charging EV stations in cities, along highways and at workplaces, apartments, condominiums, and public places across Ontario.
Applications opened on December 21, 2015. The deadline for Electric Vehicle Chargers Ontario applications is Friday, February 12, 2016.