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Although federal electric vehicle incentives have disappeared in the United States, some states still have them. As mentioned earlier, these states include: California, Colorado, New York, Massachusetts, New Jersey, Rhode Island, and Vermont.
Add another to the list: Connecticut, which has already increased its newfound status Battery powered electric car Incentive from $500 to $1000. The additional hybrid incentive is $500.
For new and fully used electric vehicles, there is also an income incentive for eligible residents of up to an additional $3,000. So, for an income-eligible resident, the total incentive could be up to $4,000.
For hybrid vehicles, there is an additional incentive of $1,500 for income-qualified applicants, bringing the total to $2,000.
For fully used electric vehicles, there is an additional qualifying income incentive. The combination of the standard $1,000 incentive and the additional incentive totals $5,000.
For someone who qualifies for the full incentive, a used Chevy Bolt for $5,000 less than the sticker price could be a steal! For a used Chevy Equinox EV, the same may be true, depending on the driver’s needs.
The price of a used Tesla Model 3 with an asking price of $23,000 will be reduced to $18,000. A used Tesla Model Y priced at $29,000 would be $24,000. These could be good deals for many drivers, if they don’t care about Elon Musk’s politics or social media activities.
One of the claims that trolls, critics, haters, and the unaware online try to make is that electric cars “cost too much,” but it more or less ignores two facts. The first is that there are many affordable electric cars now, and there is an active market for used electric vehicles with many good deals. The other reason is that in some cases, but not all, the total cost of ownership can be fully electric less than their counterparts that burn fossil fuels.
In addition, there are costs to Human health from Burning fossil fuels. Dr. Mark Mitchell, co-chair of Connecticut’s Environmental Equity and Justice Advisory Council, called the emissions news “alarming.” Emissions from vehicles contribute significantly to conditions linked to air pollution, such as asthma, premature birth, autism, ADHD, and Alzheimer’s disease. “This disproportionately impacts low-wealth communities… and also disproportionately impacts people of color at all income levels, due to historical and systemic racist policies, such as freeway locations and other sources of pollution,” Mitchell said in a statement.
Furthermore, a major cost of burning fossil fuels is the effects of climate change. Gasoline and diesel fuel cannot get any cleaner and their contribution to climate change impacts must be taken into account in the cost of purchasing internal combustion engine vehicles. These costs go far beyond sticker prices.
Connecticut still burns fossil fuels to generate the electricity used to charge electric vehicles, but it has also improved its consumption Generating clean electricity.
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