Peninsula Clean Energy announces $7K in incentives to buy electric vehicles

in Community/Featured/Headline

Up to $7,000 in discounts are being offered toward the purchase of electric vehicles thanks to a partnership between Peninsula Clean Energy and seven local auto dealers.

The program combines savings from dealerships with Peninsula Clean Energy incentives of $1,000 for all-electric cars or $700 for plug-in hybrids.

The discounts are available from Oct. 1 through Dec. 31.

Here are the 2019 models that come with savings:

•$7,000 off the Chevy Bolt at Putnam Chevrolet in Burlingame

•$3,500 off the Nissan Leaf at Nissan of Burlingame

•$3,200 off the Ford Fusion Energi at Serramonte Ford in Colma

•$3,000 off the BMW i3 at Peter Pan BMW in San Mateo

•$2,600 off the Chrysler Pacifica Hybrid minivan at Stewart Chrysler in Colma

•$1,700 off the Honda Clarity Plug-In Hybrid at Honda of Serramonte in Colma

•$1,550 off the Toyota Prius Prime at Toyota 101 in Redwood City

These savings don’t include manufacturer discounts and state and federal EV tax incentives. With those additional discounts and incentives, drivers can potentially save an additional $10,800 or more per purchase, according to Peninsula Clean Energy.

The program also offers significant savings on leases.

“We are thrilled to be able to offer our customers this incredible opportunity to buy or lease a new electric vehicle and save thousands of dollars,” said Jan Pepper, CEO of Peninsula Clean Energy. “Each EV also saves its owner an average of $1,200 a year on fuel and maintenance costs compared to a gas-powered car.”

State Assemblymember Kevin Mullin participated in the program last year and says he was attracted to the generous rebates and reduction in fossil fuels dependence.

Peninsula Clean Energy also provides $4,000 in incentives to low-income residents for purchasing used EVs, and has planned the installation of thousands of additional local EV chargers over the next four years, and is helping electrify the fleets serving schools and municipalities.

Leave a Reply

Your email address will not be published.

*