Ford Transit Connect Electric to qualify for $15,000 rebate in California

The California Air Resources Board (CARB) is set to add an additional category to its Hybrid Incentive Voucher Program (HVIP) that awards buyers of zero-emissions light-duty commercial vehicles, including the Ford Transit Connect Electric, a discount of up to $15,000 on their green vehicle purchase.

Starting in November, light-duty zero-emissions commercial vehicles with a GVWR between 5,001 and 8,500 pounds will be eligible for vouchers of up to $15,000 in California. This discount will reportedly be available to all fleets, public or private, that register the zero-emissions vehicles in the state of California. This $15,000 discount, coupled with the federal government's $7,500 tax credit, means that some buyers of the Transit Connect Electric will get a whopping $22,500 off the vehicle's $57,400 price tag.

Vouchers for the light-duty zero-emissions category are valued at $15,000 for a fleet's first vehicle ordered, with $12,000 off all purchases thereafter for the remainder of Fiscal Year 2011. Proposed vouchers for Fiscal Year 2012 dip to $12,000 for the first three vehicles, $10,000 for the next 27 purchased, $8,000 for vehicles 31-65 and $6,000 for vehicles 66-100.



Source: Autoblog Green