The BC government announce on Aug 2, 2022 they are increasing the maximum rebate amount for electric vehicle purchases under the CleanBC Go Electric Passenger Vehicle Rebate Program.
The rebate amount for battery-electric vehicle (BEV), fuel-cell electric vehicle (FCEV) and long-range plug-in hybrid electric vehicle (PHEV) has been increased from $3,000 to $4,000. While maximum rebate amount for the lower-range PHEVs is increased from $1,500 to $2,000.
According to Minister of Environment George Heyman, the idea of the changes to help make electric vehicles more affordable for people in the province
“British Columbia is a leader in electric vehicle adoption, thanks to CleanBC, and we’re expanding access so that even more people can choose clean technologies that help avoid high gas prices, reduce maintenance costs and cut climate pollution.”
While gas prices have been hit new record highs destroying wallets at the pump since March 2022 in to the summer they have some what began to decline. The government has exploited these times telling people to buy EV’s that carry a large up-front price tag. How ever the BC government did remove PST from the purchase of used vehicles earlier this year.
The new eligibility rules are based on income to ensure the rebates are being used by people that who need them most, how ever they assume the purchaser either current has no debt or is willing to increase their debt because Canada is seeing 39 year record high inflation rates and Canadians are finding it hard to afford food for their families.
- Individuals with annual incomes as much as $80,000 (household incomes as much as $125,000) will be eligible for the maximum rebate amounts of $2,000 for lower-range PHEVs or $4,000 for BEVs, FCEVs and PHEVs.
- Individuals with annual incomes between $80,001 and $100,000 (household incomes between $125,001 and $165,000) will be eligible for rebates ranging from $500 to $2,000, depending on income level and the type of vehicle selected.
- Individuals with annual incomes more than $100,000 (household income more than $165,000) will not be eligible for provincial EV rebates.
