Oregon legislature approves new EV rebates (and new fees)

Oregon (Nicolas Raymond)

The Oregon House and Senate have approved a $5.3-billion transportation funding package that includes point-of-purchase rebates for EVs. Governor Kate Brown is expected to sign the legislation within the next few days.

The bill authorizes $12 million each year for six years to fund rebates for the purchase or lease of a new EV or PHEV with a base MSRP of $50,000 or less. The rebates will be $2,500 for vehicles with a battery capacity of 10 kW or more, and $1,500 for vehicles with a battery capacity less than 10 kW. Starting in 2019, rebates will also be available for electric motorcycles and neighborhood electric vehicles.

The legislation also creates additional rebates of up to $2,500 for low- and moderate-income drivers who scrap a car that is at least 20 years old and replace it with a new or used EV. These “Charge Ahead” rebates can be combined with the standard rebates to offer up to $5,000 towards the price of a new EV.

As government gives with one hand, it takes away (a little) with the other – as several other states have done, Oregon will impose special registration fees on EVs of approximately $110 per year. However, thanks to pressure from EV advocacy groups, those fees will be phased in starting in 2020.

 

Source: Forth Mobility
Image: Nicolas Raymond

  • Michael Walsh

    Very cool Oregon!! Time for California and other states to follow suit, with the Paris Climate Agreement Mayors leading the CHARGE!! The clunker removal aspect should be vastly expanded to get all the old heavily polluting crap off the roads!!