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SVP and Community ยป News and Announcements

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Rebates Up to $3,500 Available to Income-Qualified Customers for Purchase of Pre-Owned Electric Vehicles

Post Date:07/31/2023 9:31 AM

Preowned EVsAre you thinking about upgrading to a pre-owned electric vehicle (EV) or plug-in hybrid electric vehicle? Silicon Valley Power is now offering incentives to income-qualified customers for the purchase of a pre-owned EV or plug-in hybrid vehicle. Receive $1,500 for a fully electric vehicle or $1,000 for a plug-in hybrid vehicle. Customers who meet LIHEAP income eligibility requirements may be eligible for a bonus rebate of $1,000. To promote energy efficiency, vehicles with a miles per gallon of gasoline equivalent (MPGe) of 117 or greater may be eligible for a bonus rebate of $1,000.

This rebate can be combined with other programs, such as federal tax credits, but all incentives may not exceed the vehicle purchase price. To be eligible for the program, customers must already be enrolled in the Financial Rate Assistance Program (FRAP), which provides a discount up to 40% off your electric bill.

Apply online at SiliconValleyPower.com/Assist. To learn more about electric vehicles and a variety of incentives available, visit SiliconValleyPower.com/EV.
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