New Jersey EV Rebate
Are you interested in slowing climate change? One of the most effective ways to accomplish that is to reduce emissions with an electric vehicle (EV). New Jersey is making it easier for drivers to get behind the wheel of these eco-friendly vehicles with their EV rebate program.
What does the New Jersey EV rebate mean for drivers in the Cape May County, Salem County, and Cumberland County areas? Our team at Action Hyundai of Millville has the inside scoop. Keep reading for all the details!
EV Rebate Program in New Jersey
In New Jersey, transportation accounts for 46% of the state's greenhouse gas emissions. Getting more people into all-electric or plug-in hybrid vehicles could greatly reduce this number. That's why Governor Murphy signed the EV Rebate Program into law in January of 2020.
When consumers in New Jersey buy or lease an electric vehicle with an MSRP below $55,000, they'll be eligible to receive the EV rebate. They'll get $25.00 per mile of electric-only range up to $5,000 per vehicle.
Additional Incentives in NJ
EV drivers in New Jersey are eligible for tax exemptions, toll discounts on the turnpike, and can drive in the High Occupancy Vehicle (HOV) lanes on some area roads.
There's also the "It Pay$ to Plug In" Program. It provides local businesses with a grant to offset the cost of installing EV charging ports for employees and customers.
Need to Plug In?
Along with an EV rebate and a variety of other incentives, there are plenty of places to charge up in the Garden State. In fact, there are over 900 public charging locations statewide.
In our area of South Jersey, there are approximately 20 charging locations, so there's a good chance you can find a place to power up. There are also a few DC Fast Chargers nearby. They can provide 60 to 80 miles of drivable range after just 20 minutes of charging time.
Take Advantage of the New Jersey EV Rebate
If you think the New Jersey EV rebate program can help you get behind the wheel of a new electric vehicle in Cape May County, Salem County, and Cumberland County, check out the selection of EVs here at Action Hyundai of Millville. We'll help you secure your rebate and save the planet at the same time!
Contact us today to learn more!