Drivers considering buying an electric or hybrid vehicle will now receive less in rebates from the provincial government.
The government announced on Saturday that rebates will be reduced, despite the fact Victoria is adding $26.5 million to its CEVforBC rebate program to meet ongoing demand.
The provincial program previously offered rebates up to $5,000 for qualifying new battery electric, fuel-cell electric and plug-in hybrid vehicles. It also offered rebates up to $6,000 for hydrogen fuel cell vehicles.
The new rebate structure is $3,000 for battery, fuel-cell, and longer-range plug-in hybrid electric vehicles and to $1,500 for shorter-range plug-in hybrid electric vehicles. Rebates have also been eliminates from any clean-energy vehicle with a price tag of more than $55,000.
The federal government’s $5,000 rebate remains in effect.
In a news release, Minister of Energy Michelle Mungall said the changes are being made to allow more people to access rebates and switch to electric vehicles.
The BC Scrap-It program also provides a $6,000 incentive for those buying a qualifying new electric vehicle when the old vehicle is brought in. It offers a $3,000 incentive when a used EV is purchased.
In total, a driver in B.C. could receive up to $14,000 in provincial and federal rebates if they purchase a brand new EV and return their old vehicle.